Latest news with #InvestmentandTradeCourt
Qatar Tribune
05-05-2025
- Business
- Qatar Tribune
‘Little Employee' takes the bench at QCDC's 5th Investment & Trade Court
Tribune News Network Doha The Investment and Trade Court recently welcomed more than 40 children of its employees as part of the fifth edition of the 'Little Employee' initiative, organised annually by Qatar Career Development Centre (QCDC), founded by Qatar Foundation (QF). The event featured a series of interactive workshops led by QCDC's career guidance experts, focusing on career awareness and planning. The workshops were followed with job-shadowing sessions, where children accompanied their parents through real workplace routines, from administrative work to case preparation and real court proceedings. Participants also had the exceptional opportunity to attend a live sentencing hearing, offering them a first-hand view into judicial decision-making processes and courtroom protocol. 'We deeply value the interest of the Investment and Trade Court in hosting the Little Employee initiative in its fifth edition,' said Saad Abdulla Al-Kharji, acting director of QCDC. 'This partnership underscores our shared commitment to instilling early career awareness and equipping future generations with the essential skills needed for a future-ready national workforce—one capable of driving Qatar's progress and prosperity.' 'We extend our sincere gratitude to the President of the Investment and Trade Court, His Excellency Judge Khaled bin Ali Al-Obaidly, and the Court's esteemed panel for their support in realizing this vision. We encourage families, institutions, and stakeholders to join the Little Employee family and help guide Qatar's youth toward a thriving, knowledge-based economy,' Al-Kharji concluded. Judge Khaled bin Ali Al-Obaidly, president of the Investment and Trade Court, expressed his gratitude, commending the fruitful collaboration with QCDC following the recent 'Little Employee' event organized for the children of court staff. He noted that the initiative reflects the Court's ongoing commitment to strengthening family ties and instilling the values of work and responsibility across generations. 'By inviting our youngest community members to experience the day-to-day of judicial work, we build their awareness of legal careers while celebrating the important roles their parents play.' He concluded by thanking all participants and organizers for their efforts in making the event a success and expressed his hope that similar events would continue in the future to foster positive engagement and communication. Now in its fifth iteration, 'Little Employee' invites children aged 7–15 to step into real work environments alongside parental role models to spark their career curiosity and instil early-age career awareness. It also aims to emphasize the important role of parents as essential career guidance and development first-liners, empowering Qatar's youth to make informed career choices down the line. As the initiative continues to expand, QCDC invites individuals, educational institutions, and corporate partners to join the Little Employee family. For partnership opportunities or to register as individuals, please visit
Observer
24-03-2025
- Business
- Observer
Investment and Trade Court to boost business environment
The establishment of the Investment and Trade Court in Oman represents a significant advancement in the country's legal framework aimed at enhancing its business environment and attracting foreign investment. This initiative, directed by His Majesty Sultan Haitham bin Tarik, is designed to address commercial disputes with efficiency and professionalism, thereby fostering investor confidence. The primary objective of the Investment and Trade Court is to create a specialised legal body that can handle commercial disputes swiftly. This court will ensure that litigants' rights are protected while also aligning with international standards for dispute resolution. The need for such a court arises from the recognition that a transparent and efficient judicial system is crucial for boosting confidence among both local and foreign investors. One of the most notable benefits of establishing this court is the expected reduction in case durations related to commercial disputes. By streamlining procedures, the court aims to deliver quicker verdicts, which will alleviate the financial burden on businesses involved in protracted legal battles. This efficiency is essential for maintaining a competitive business environment. According to the Supreme Judiciary Council (SJC), the establishment of the Investment and Trade Court also reflects the continued commitment of the judiciary to play its role and lay the foundations of justice and reinforce the rule of law in the Sultanate of Oman. The SJC clarified that the Investment and Trade Court has jurisdiction to hear all lawsuits that involve a trader and are related to their commercial activities. It also hears disputes arising from investment contracts including lawsuits between partners or shareholders or between any of them and the company, as the case may be, in commercial companies including public shareholding companies listed in the stock market. The SJC affirmed that the establishment of specialised courts represents one of the most important strategic objectives of the Supreme Judicial Council's long-term strategic plan for 2024-2040, which aims to develop the judicial system in the Sultanate of Oman and adopt the best judicial practices worldwide, including specialised judiciary. This will make the Omani judiciary more efficient, given the speed with which specialised courts resolve disputes while enhancing performance and ensuring the legally mandated guarantees for litigants. This will achieve prompt justice, contribute to improving the business environment and accelerate economic development. The new court reinforces Oman's commitment to protecting investors' rights. A well-structured legal system reassures potential investors about their investments' safety, making Oman a more attractive destination for capital inflows. It is also expected that this initiative could improve Oman's global rankings regarding ease of doing business. By facilitating faster resolutions of trade-related disputes, the Investment and Trade Court will contribute to economic growth within Oman and a stable legal environment is vital for achieving these ambitious economic goals. The court will be affiliated with the Supreme Judicial Council, ensuring that it operates under established judicial norms while focusing specifically on investment and trade matters. The Royal Decree No 35/2025 outlines its jurisdiction over lawsuits involving merchants and disputes arising from investment contracts. The establishment of the Investment and Trade Court in Oman marks a pivotal step towards modernising its legal infrastructure to better accommodate foreign investments. By prioritising swift dispute resolution and reinforcing investor protections, Oman positions itself as an increasingly attractive destination for international capital, ultimately contributing to sustainable economic development aligned with its Vision 2040 objectives.
Zawya
24-03-2025
- Business
- Zawya
New Investment and Trade Court to boost Oman's business environment
Muscat: The Supreme Judicial Council (SJC) has reaffirmed that the establishment of the new Investment and Trade Court to boost Oman's business environment will provide a stable environment for wooing foreign investment and also cope with the contemporary legal challenges. While helping in maintaining sustainable economic growth of the country, the SJC reaffirmed that the ICC has been created within the keenness of His Majesty Sultan Haitham bin Tarik for initiation of laws to attract investment and for the development of the commerce sector in the Sultanate of Oman. The court is expected to meet the aspirations and targets of Oman Vision 2040 and will receive continued care of the judiciary service in further cementing the pillars of justice and the sovereignty of the law in Oman, the SJC added. The Supreme Judicial Council stated that the court is concerned with the review of all cases to which one party is a merchant or related to the merchant's business. It is also concerned with disputes arising from the investment contracts including the disputes arising between the partners or the shareholders or between them and the company as the case may be in trading companies including the public joint stock companies, the shares of which are offered for trading. The court is also concerned with the disputes related to the commercial assets ; the cases related to foreign capital investment , the economic activity, the cases related to banks, securities of finance , investment and insurance companies with the exception to the damages resulting from car accidents and case related to bankruptcy or the requests for arbitration, the cases related to patents, trade secrets, industrial models and other intellectual property rights, the cases of protection of competitiveness and monopoly practices and combating of practices harmful to national products, the cases related to online commercial transactions and the cases related to partnership contracts between the government sector and the private sector. The SJC also pointed out that article (2) of the said Royal Decree stated that the courts shall continue with the review of the cases, orders and requests, which by virtue of the law annexed to the decree, have become within the prerogatives of the court, once such cases are filed prior to the date of implementation of the provisions on this law at the time article ( 5) of the decree stated that it shall take effect from 1 October 2025. The court is hoped to mitigate the pressure on the courts due to the presence of the professional and specialised cadre in the court, the SJC added. © Muscat Media Group Provided by SyndiGate Media Inc. (
Times of Oman
23-03-2025
- Business
- Times of Oman
New Investment and Trade Court to boost Oman's business environment
Muscat: The Supreme Judicial Council (SJC) has reaffirmed that the establishment of the new Investment and Trade Court to boost Oman's business environment will provide a stable environment for wooing foreign investment and also cope with the contemporary legal challenges. While helping in maintaining sustainable economic growth of the country, the SJC reaffirmed that the ICC has been created within the keenness of His Majesty Sultan Haitham bin Tarik for initiation of laws to attract investment and for the development of the commerce sector in the Sultanate of Oman. The court is expected to meet the aspirations and targets of Oman Vision 2040 and will receive continued care of the judiciary service in further cementing the pillars of justice and the sovereignty of the law in Oman, the SJC added. The Supreme Judicial Council stated that the court is concerned with the review of all cases to which one party is a merchant or related to the merchant's business. It is also concerned with disputes arising from the investment contracts including the disputes arising between the partners or the shareholders or between them and the company as the case may be in trading companies including the public joint stock companies, the shares of which are offered for trading. The court is also concerned with the disputes related to the commercial assets ; the cases related to foreign capital investment , the economic activity, the cases related to banks, securities of finance , investment and insurance companies with the exception to the damages resulting from car accidents and case related to bankruptcy or the requests for arbitration, the cases related to patents, trade secrets, industrial models and other intellectual property rights, the cases of protection of competitiveness and monopoly practices and combating of practices harmful to national products, the cases related to online commercial transactions and the cases related to partnership contracts between the government sector and the private sector. The SJC also pointed out that article (2) of the said Royal Decree stated that the courts shall continue with the review of the cases, orders and requests, which by virtue of the law annexed to the decree, have become within the prerogatives of the court, once such cases are filed prior to the date of implementation of the provisions on this law at the time article ( 5) of the decree stated that it shall take effect from 1 October 2025. The court is hoped to mitigate the pressure on the courts due to the presence of the professional and specialised cadre in the court, the SJC added.
Muscat Daily
23-03-2025
- Business
- Muscat Daily
Investment and Trade Court to enhance business environment
Muscat – The Supreme Judicial Council has stated that establishment of the Investment and Trade Court, a move aimed at enhancing Oman's investment and trade sectors, is in line with Oman Vision 2040. The new court will handle lawsuits involving merchants, commercial activities and disputes arising from investment contracts, including those between partners, shareholders and companies. It will also oversee cases related to commercial assets, foreign capital, economic activities, maritime sales, banking operations, and financial disputes involving investment and insurance companies. Cases related to vehicle accident damage, bankruptcy, arbitration, intellectual property rights, competition protection, monopolies and e-commerce disputes are excluded from its jurisdiction. Disputes concerning public-private partnership contracts will also remain outside its scope. The Supreme Judicial Council stated that lawsuits, orders and requests filed before commencement of the court will remain under the jurisdiction of the Investment and Trade Court. The court is set to begin operations on October 1, 2025.
