AMJ was delighted to attend Oman Housing Bank’s (OHB) launch of it “Iskan” programme on 8th January 2024 held at Al Bustan Palace Hotel. AMJ advised OHB on the structuring of its programme under which OHB will enter into partnership with local banks in the private sector. By easing access to affordable housing finance, the Read More

AMJ is delighted to announce that it has acted as a sole counsel for Taageer Finance’s Bond issuance which has been successfully completed. It is the second bond issuance of Taageer Finance in the last two years on which AMJ’s Capital Market Team has worked on with Ahli Bank and Taageer Finance teams. Details of Read More

Al Busaidy, Mansoor Jamal & Company in partnership with HKA were delighted to conduct a breakfast seminar on 12th October 2023 at Crowne Plaza Hotel, Qurum, Muscat. We would first like to express our gratitude to Michael Tonkin, Partner at HKA who moderated the seminar and introduced the speakers. The event featured accomplished speakers who Read More

In a bid to promote domestic industries and stimulate economic growth, Oman’s Tender Board has made a significant announcement that underscores the Government’s resolve to support local products and services. The move comes as part of Oman’s broader strategy to reduce dependency on imports and encourage local industries.  The Tender Board in coordination with the Read More

Double taxation Avoidance Agreements (“DTAAs”) as a tool for attracting foreign investors to Oman as a result of the investors being able to reduce the additional tax burdens. DTAAs also provide concessional withholding tax rates in certain cases. The provisions of DTAAs having been ratified by Omani Sultan Decrees override the local Income Tax Law.  Read More

Whilst existing businesses which are well established in an economy choose to model their transactions in the most tax efficient manner, the potential tax exposure in an economy is an important consideration for any business planning to enter into a new market.  In this regard, an important factor to be considered by foreign entities entering Read More

AMJ is pleased to announce that it has acted for HSBC Bank Oman in its successful merger by incorporation with Sohar International Bank. The merger of the two banks has placed the surviving entity, Sohar International Bank, as one of the largest banks in Oman. Work on the merger deal commenced in mid-2022 and AMJ Read More

Al Busaidy, Mansoor Jamal & Co. (AMJ) has received “OER Business Excellence Award” during the OER Business Summit 2023 held in Sheraton Hotel, Muscat on 10th May 2023. The main aim of the award was to recognize AMJ’s pathbreaking work during the last 40 years and its contribution to Oman’s corporate sector and the nation’s Read More

Al Busaidy, Mansoor Jamal & Co. has won the Islamic Finance News’ (IFN) “Oman Deal of the Year 2022” for Towell Infrastructure Projects Company’s OMR 14 million Syndicated Wakala financing for a water distribution project, in Mudeibi, Oman. AMJ acted for a syndicate of banks lead by Bank Muscat SAOG (as agent and arranger) that Read More

Al Busaidy, Mansoor Jamal & Co (AMJ), has won the globally recognised ‘’Oman Law Firm of the Year’’ at the Chambers Middle East Awards held in Dubai on March 1, 2023. Widely considered to be one of the leading publications on global legal rankings Chambers Awards are highly sought after. To be eligible the firm Read More

Leading Omani law firm, Al Busaidy, Mansoor Jamal & Co (“AMJ”), has appointed Ravinder Singh as a new partner in its Projects and Commercial Department.   Ravinder has a broad range of experience in corporate and commercial matters and advises his clients across a wide-ranging spectrum of sectors. His key industry experience includes conventional and Read More

In a pivotal step to regulate the green hydrogen industry in Oman and to facilitate development of clean energy and green hydrogen projects, a sector specific legislation has been enacted in the form of Royal Decree No. 10/2023 which legislates for the grant of rights over lands for clean energy and green hydrogen. The Royal Read More

Introduction:  The issue surrounding Ultimate Beneficial Owners (“UBO”) is seen as a matter of global concern, that allowing such UBOs to retain a cloak of anonymity enables many illegal activities, such as tax evasion, corruption, money laundering, and financing of terrorism to take place out of the view of law enforcement authorities.  In recent years, Read More

We are proud to announce that AMJ has won the prestigious ‘Oman National Law Firm of the Year’ award at the International Financial Law Review (IFLR) Middle East Awards held in Dubai on October 12, 2022 This accolade brings AMJ’s tally of IFLR’s ‘National Law Firm of the Year’ awards to an impressive and unrivalled Read More

We are proud to announce that AMJ has won the prestigious ‘‘Ijarah Deal of the Year 2021” award at the Islamic Finance News (IFN) Awards ceremony held in Dubai on May 26, 2022. AMJ acted as legal adviser to the Meethaq Islamic Banking, the Islamic window of bank muscat S.A.O.G. in connection with the grant Read More