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.