This study investigates cyber crimes in Oman particularly cyber economic crimes and the laws provided to deal with it under Omani legal system .The study explores this issue by examining the applicability and relevance of the current Omani laws and its amendments towards such crimes The study tackles such issue through stating the main components of such crime in accordance with the common legal practices applied. Moreover, the study sheds light on the obstacles that hinder the complete prosecution of such crimes. The study finally proves that there is a dire need for the legislative system to amend the current Omani legal system to ensure full prosecution of all types of such a crime. Towards this aim, the researcher recommends some major issues that should be considered as a corner stone for further studies in this regard: • The main issue is that criminalizing any crime of physical reality is inapplicable to prosecuting cyber economic crimes due to the nonphysical properties of such crimes that take the form of electronic database and software applications. The legislative system should introduce some amendments to the current Omani Legal System to meet the new challenges at crime scene. Although the current Omani legal system does stipulate punishments for hacking personal data, it does not include specified laws that deal with the main components of such a crime and the legal procedures required to handle it; which is considered as a legal gap that must be bridged