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We are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.Read the full edition
Ahmed Al Barwani - Partner, Head of Office - Oman - Corporate / Mergers and Acquisitions / Commercial
Before highlighting the regulatory framework aspects of the education in private sector in Oman, below is a brief about three main levels of education in public and private sectors in Oman beside international schools:
In addition to the administrative and regulatory bodies mentioned above the Education Council, plays an important role in formulating the policies and provision of legislative proposals to both Ministry of Education and Ministry of Higher Education as well as observing the performance of the educational institutions in the country and issuing reports in this regard to the relevant authorities.
Regulatory Framework in Oman
o Determination of the conditions of admission to the college;
o Determination of the conditions of appointment of the deans and the board of colleges, research and scientific centers.
In addition to the public and private universities in Oman there are Applied Science Colleges in most of the governorates in Oman that include Sur, Sohar, Nizwa, Ibri, Salalah and Rustaq. Applied Science Colleges are mainly regulated and administered by the Directorate General of Applied Sciences The programs offered in these colleges include information technology, design, communication studies, international business administration and engineering.
As outlined above the regulatory framework is clear in terms of the legal and administrative structures of private schools and universities to be adopted in order to run educational activities in the Sultanate. Albeit the fact that the number of students in Oman is relatively low compared to other countries the interest of private educational institutions is on the rise due mainly to the availability of the infrastructure and the financial support granted by the government for building the universities’ campuses and sponsoring students to study in these universities.
The Education and Higher Education Councils have been continuously proposing and formulating new policies which ensure development of education sector in Oman since their formation. The main projects that are being undertaken by the education councils include the formulation of national education strategy 2040, restructuring of education system and school education law. Like these types of projects will ensure transformation of education in Oman in the near future which will open Oman market for more players in the educational sector. The recent issuance of the Protection of Competition and Prevention of Monopoly Law in Oman will further ensure that opportunities for investment in educational sector are offered equally to all types of investors either locals or foreigners as well as there will be no monopoly in this sector in Oman market.
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