Oman has imposed a six-month ban on hiring foreigners seeking work in 10 different industries, including media, information technology, marketing, insurance and aviation.
The new ban, which is set to be implemented immediately, aims to increase the employment rate among nationals, the minister of manpower said on Sunday.
The hiring freeze “would help companies to create vacancies for Omanis who are looking for jobs,” said minister Abdullah Al Bakri.
The ban, which affects 87 different job types, follows large demonstrations last week in which unemployed youths called for greater employment opportunities.
According to the Ministry of Manpower there were nearly 60,000 unemployed university graduates in 2017.
In October last year the Omani government said that in December it would begin efforts to create 25,000 new jobs in an effort to reduce high unemployment. Last year the country saw its worst job crisis in 40 years.
The government said that 60 per cent of the new jobs will be in the public sector, while private sector companies would be provided with incentives to hire nationals instead of expatriates.
Last week, the Council of Ministers issued a statement saying that “the government was serious and ... working hard with the private sector to create jobs for our daughters and sons.”
That was a move, say experts, aimed at appeasing job seekers and dissuading them from staging further demonstrations.
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Read more:
Oman protest: Hundreds demand jobs
Can Oman business loans save young people from unemployment line?
Oman students face bleak future with crippling academic loans
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“The ministry of manpower knows that it needs to create jobs for graduates fast. The young people obviously are getting agitated. These latest statements and decisions need to be followed by immediate action to make sure it is not lip service," Abdulla Al Shouni, a manpower consultant, told The National.
Other experts in the sector say that a temporary ban will yield short-term results, but fail to generate a long-lasting solution.
“The six months expatriate ban ... may solve short term targets but would not work on a longer period of time. Where they should look is to reduce the number of expatriates in the private sector where they form a large majority,” Ahmed Al Musalhi, a retired official from the Ministry of Manpower, said.
The latest figures from the Ministry of Manpower in September last year put the number of Omanis working in the private sector at 237,900 and the foreigners at 1.87 million.
Social networks have seen an increase in calls for more job opportunities following demonstrations last week. With one message reading: "how long [do] we have to wait? Maybe until we have grand children."
TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5
Saudi Cup race day
Schedule in UAE time
5pm: Mohamed Yousuf Naghi Motors Cup (Turf), 5.35pm: 1351 Cup (T), 6.10pm: Longines Turf Handicap (T), 6.45pm: Obaiya Arabian Classic for Purebred Arabians (Dirt), 7.30pm: Jockey Club Handicap (D), 8.10pm: Samba Saudi Derby (D), 8.50pm: Saudia Sprint (D), 9.40pm: Saudi Cup (D)
MATCH INFO
Uefa Champions League semi-final:
First leg: Liverpool 5 Roma 2
Second leg: Wednesday, May 2, Stadio Olimpico, Rome
TV: BeIN Sports, 10.45pm (UAE)
What is type-1 diabetes
Type 1 diabetes is a genetic and unavoidable condition, rather than the lifestyle-related type 2 diabetes.
It occurs mostly in people under 40 and a result of the pancreas failing to produce enough insulin to regulate blood sugars.
Too much or too little blood sugar can result in an attack where sufferers lose consciousness in serious cases.
Being overweight or obese increases the chances of developing the more common type 2 diabetes.
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APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
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Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
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Price: From Dh2,099
COMPANY PROFILE
● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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Nick Coleman
Jonathan Cape
About Takalam
Date started: early 2020
Founders: Khawla Hammad and Inas Abu Shashieh
Based: Abu Dhabi
Sector: HealthTech and wellness
Number of staff: 4
Funding to date: Bootstrapped
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Brief scores
Barcelona 2
Pique 36', Alena 87'
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
COMPANY%20PROFILE
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The specs
Engine: 2x201bhp AC Permanent-magnetic electric
Transmission: n/a
Power: 402bhp
Torque: 659Nm
Price estimate: Dh200,000
On sale: Q3 2022
The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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Artist: Coldplay
Label: Parlophone/Atlantic
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COMPANY PROFILE
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
More Iraq election coverage:
Company profile
Company: Rent Your Wardrobe
Date started: May 2021
Founder: Mamta Arora
Based: Dubai
Sector: Clothes rental subscription
Stage: Bootstrapped, self-funded
'Manmarziyaan' (Colour Yellow Productions, Phantom Films)
Director: Anurag Kashyap
Cast: Abhishek Bachchan, Taapsee Pannu, Vicky Kaushal
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Profile Box
Company/date started: 2015
Founder/CEO: Mohammed Toraif
Based: Manama, Bahrain
Sector: Sales, Technology, Conservation
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Stage: 1 ($100,000)
Investors: Two first-round investors including, 500 Startups, Fawaz Al Gosaibi Holding (Saudi Arabia)
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Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla
Director: Raed Zeno
Rating: 4/5
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The most expensive investment mistake you will ever make
When is the best time to start saving in a pension? The answer is simple – at the earliest possible moment. The first pound, euro, dollar or dirham you invest is the most valuable, as it has so much longer to grow in value. If you start in your twenties, it could be invested for 40 years or more, which means you have decades for compound interest to work its magic.
“You get growth upon growth upon growth, followed by more growth. The earlier you start the process, the more it will all roll up,” says Chris Davies, chartered financial planner at The Fry Group in Dubai.
This table shows how much you would have in your pension at age 65, depending on when you start and how much you pay in (it assumes your investments grow 7 per cent a year after charges and you have no other savings).
Age
|
$250 a month
|
$500 a month
|
$1,000 a month
|
25
|
$640,829
|
$1,281,657
|
$2,563,315
|
35
|
$303,219
|
$606,439
|
$1,212,877
|
45
|
$131,596
|
$263,191
|
$526,382
|
55
|
$44,351
|
$88,702
|
$177,403
|
A Cat, A Man, and Two Women
Junichiro Tamizaki
Translated by Paul McCarthy
Daunt Books