In an ongoing commitment to continuous improvement, staying abreast of international best practices, and responding to the evolving needs of the business and legal communities, the Oman Commercial Arbitration Centre announced the issuance of Decision 3/2026, amending several provisions of its Arbitration Rules. These amendments reflect the OAC’s dedication to active engagement with the arbitration community and its proactive efforts to modernize regulatory frameworks, consistently providing a flexible, transparent, and highly efficient environment for commercial dispute resolution.
The new amendments introduce a comprehensive suite of updates, notably expanding the scope of expedited procedures to apply to claims not exceeding one million Omani Rials, ensuring swifter dispute resolution. Embracing digital transformation, the revised rules now formally recognize the electronic signing of arbitration awards. To enhance transparency, the rules mandate the disclosure of any third-party funders in the request for arbitration. Furthermore, the OAC has implemented a process to review draft arbitration awards for formal requirements prior to their final issuance, ensuring the highest standards of quality. This is coupled with an updated arbitrator fee schedule to align with current industry standards.
The OAC believes that continuous dialogue with the legal and business community is the driving force behind sustainable dispute resolution solutions. The OAC invites all professionals and stakeholders to see the amendments in this week’s issue of the official gazette.
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