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flag Oman launches IFC Oman, a tax-exempt financial hub with common law framework, to boost investment and diversify its economy.

flag Oman has launched the International Financial Centre of Oman (IFC Oman) under Royal Decree No. flag 8/2026, establishing a financially and administratively independent hub in Madinat Al Irfan. flag Governed by a board appointed by Sultan Haitham bin Tarik, the center will operate under an English Common Law-based framework and include three independent bodies for authority, regulation, and dispute resolution. flag It aims to attract global investment with up to 50 years of tax exemptions and support economic diversification under Oman Vision 2040, with full operations targeted for 2026.

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