• Home
  • News
    • People moves
    • Africa
    • Asia
    • Australia
    • Canada
    • Caribbean
    • Domicile
    • Europe
    • Latin America
    • North America
    • Middle East
    • US
    • US
    • UK
  • Products
    • Funds
    • Pensions
    • Platforms
    • Insurance
    • Investments
    • Private Banking
    • Citizenship
    • Taxation
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Directory
  • Video
  • Advertise with us
  • Directory
  • Events
  • European Fund Selector
  • Newsletters
  • Follow us
    • Twitter
    • LinkedIn
    • Newsletters
  • Advertise with us
  • Directory
  • Events
    • Upcoming events
      event logo
      International Investment Nordic Forum 2021

      International Investment is delighted to announce the 2021 International Investment Nordic Forum which will take place on Tuesday March 9, at 9am (GMT). This curated virtual event will be broadcast live and will feature a series of fund manager interviews and presentations, as well as interviews with some of the Nordic regions top fund selectors.

      • Date: 09 Mar 2021
      • ONLINE, ONLINE
      View all events
  • European Fund Selector
International Investment
International Investment

Sponsored by

Sharing Alpha
  • Home
  • News
  • Products
  • Fintech
  • Regulation
  • ESG
  • Expats
  • In Depth
  • Special Reports
  • Video
  • Expats

Companies in Oman need government permission to hire expats

Companies in Oman need government permission to hire expats
  • Pedro Gonçalves
  • @PeterHSG
  • 10 December 2018
  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  

Oman-based companies will have to secure the Ministry of Manpower's go ahead before they can hire expats, according to local media as the country considers extending its expat visa ban.

A new traffic light-themed online system is currently being rolled out in Oman, in which companies' Omanization quotas are being monitored. 

Related articles

  • Oman’s expat numbers drop after temporary work ban
  • More expat jobs to be replaced by Omanis
  • Oman bans new visas for expats
  • Oman issues six-month ban on visas for expats from 10 sectors

Under this new system, companies that meet Omanization standards set by the government will receive a green signal online, allowing them to proceed with hiring expat employees.

Companies with unclear Omanization policies will be given a yellow signal, while companies that fall short of meeting their quotas will receive a red signal, barring them from moving forward with hiring expat employees.

"The new system focuses on enhancing Omanization rates in the private establishments," said a ministry spokesperson.

The step taken by the government is part of the Omanization drive to recruit more of its citizens in private companies, a similar push is underway across the GCC where countries like Saudi Arabia and Kuwait have also been trying to increase the number of nationals in private sector employment.

According to data from the National Centre of Statistics and Information (NCSI), the Omanisation rate in the construction sector was around 8.2%at the end of 2017. In the automotive sale and repair sector, it was around 13%.

The highest rates of Omanisation were found in oil and gas companies (80.6 per cent), insurance and financial services (67.7%), commercial banks (93.1%) and the communication sector (75.9%). The Omanisation levels for hotels were around 28.9%.

One of Oman's top officials at the country's Ministry of Manpower has said that the visa ban that is currently in place to limit expatriate jobs across 87 professions can be extended in the future, depending on the needs of the local job market.

The current visa ban is expected to expire at the end of January 2019, however Salim bin Nasser Al Hadhrami, director general of Planning and Development at the Manpower Ministry, told the Times of Oman that the visa ban could be extended further if needed.

"The Ministry of Manpower issued a ministerial decree No. (38/2018) to temporarily suspend the authorisation of a non-Omani labour force in some professions, which included an extension, such as information systems, accounting and finance, sales and marketing, administration, human resources and insurance," he said.

"The decision to regulate the labour market, provide job opportunities for job seekers in these disciplines, reduce the recruitment of labour force in the country, and the ban for a period of six months can be renewed based on the results of the study and the success in providing job opportunities in these disciplines."

A study is currently underway to gauge the extent of how successful the visa ban has been towards providing jobs for Omanis.

 

  • Tweet  
  • Facebook  
  • LinkedIn  
  • Send to  
  • Topics
  • Expats
  • Oman
  • Omanization
  • GCC

More on Expats

Australian expats warned of tax bills on return post-pandemic

  • Expats
  • 08 January 2021
Asia-Pacific dominates 2021 Henley Passport Index

  • Expats
  • 05 January 2021
Britons in the EU face myriad investment and pension problems

  • Expats
  • 05 January 2021
UAE expands 10-year residency golden visa eligibility

  • Expats
  • 03 December 2020
Demand for second passports and citizenship soars

  • Expats
  • 01 December 2020
Back to Top

Most read

Duff & Phelps opens Gibraltar office
Duff & Phelps opens Gibraltar office
Brexit deals hefty blow to City but industry is ready to fight back
Brexit deals hefty blow to City but industry is ready to fight back
Comment: Are cryptocurrencies the new gold?
Comment: Are cryptocurrencies the new gold?
FSCS warns industry of £1bn compensation bill
FSCS warns industry of £1bn compensation bill
Dubai regulator to develop cryptocurrency framework
Dubai regulator to develop cryptocurrency framework
  • Contact Us
  • Marketing solutions
  • About Incisive Media
  • Terms and conditions
  • Policies
  • Careers
  • Twitter
  • LinkedIn
  • Newsletters

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017
Loading