MoCA moots 24% FDI cap

MoCA moots 24% FDI cap

The Ministry of Civil Aviation has proposed a cap of 24% on Foreign Direct Investment (FDI) by international airlines in domestic carriers, but has left the final decision to the cabinet. “The ministry has proposed a cap of 24% investment by foreign airlines in domestic airlines,” the Oman Tribune reported a senior official as saying, on condition of anonymity.

Gary Marshall
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