Today, His Majesty Sultan Haitham bin Tarik issued two Royal decrees, outlined as follows:

Royal Decree No. (88/2023) officially ratifies the agreement establishing the Islamic Corporation for the Development of the Private Sector, signed in Jeddah on 3 November 1999.

Article (1) validates the aforementioned agreement as per the version attached to this decree.
Article (2) specifies that relevant departments are to deposit the document affirming the agreement in accordance with its provisions.
Article (3) mandates the publication of this decree in the Official Gazette, effective from its issuance date.
Royal Decree No. (89/2023) ratifies the agreement between the government of the Sultanate of Oman and the government of the Russian Federation on the avoidance of double taxation and the prevention of tax evasion concerning taxes on income. This agreement was signed in Muscat on 8 June 2023, along with the attached protocol.

Article (1) validates both the agreement and the attached protocol in accordance with the version attached to this decree.
Article (2) stipulates the publication of this decree in the Official Gazette, effective from its issuance date.