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Tag: Oman

Posted on January 2, 2021

Oman foresees US$5.7 bn deficit in pared down 2021 budget

The Gulf sultanate of Oman unveiled a 2021 budget on Friday that foresees a deficit of 2.24 billion riyals (US$5.7 billion), despite a 14 percent cut in spending.

( read original story …)



Posted on December 31, 2020

Oman: Residents enjoy the great outdoors as temperatures dip

As temperatures dipped in Oman’s capital, people ventured outdoors to enjoy the stronger-than-usual breeze, cooler weather, and the cheerful mood. People staying in Muscat and Ruwi side took to the …

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Posted on December 31, 2020

Lanka thanks Oman for ‘amnesty’ extended to Sri Lankan workers

The 4th Technical Committee Meeting under the Memorandum of Understanding (MoU) in the Field of Labour and Training between Sri Lanka and the Sultanate of Oman was held on December 23, 2020 via video …

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Posted on December 30, 2020

Challenges facing Oman’s economy after turbulent year

The coronavirus disease (COVID-19) pandemic has roiled Oman’s economy, with real gross domestic product (GDP) poised to shrink 5 percent this year, according to S&P Global Ratings. (Shutterstock/File …

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Posted on December 29, 2020

Oman’s expat workforce down by 16% amid pandemic – report

Up to 272,126 foreign workers, mostly from Nepal, Uganda, India, Pakistan, Bangladesh and Egypt, have left Oman …

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Posted on December 29, 2020

Oman’s expat work force down by 16%

Nearly a sixth of Oman’s expatriate workers left the Gulf Arab country in the first 11 months of 2020, after losing their jobs because of the coronavirus pandemic, the Times of Oman reported, citing …

( read original story …)



Posted on December 29, 2020

Oman to scrap expatriate NOC rule from January

Speaking to the Observer, a senior executive of a leading business firm in Oman said: “Ultimately, employment is a contract between two parties. If there are clauses/terms offered and accepted between …

( read original story …)



Posted on December 28, 2020

More than 270,000 expatriate workers left Oman this year

Oman’s expatriate worker population fell by more than 270,000, or nearly 16%, from the end of 2019 to November 2020, data from the National Centre for Statistics and Information showed.

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Posted on December 28, 2020

Qatar Airways and Oman Air agree on code-share expansion

Qatar Airways continues to expand its portfolio of strong, globally strategic partnerships by signing an expanded code-share agreement with Oman Air that will boost connectivity and provide more …

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Posted on December 28, 2020

Coronavirus: More than 270,000 expatriate workers left Oman this year

Oman’s expatriate worker population fell by more than 270,000, or nearly 16 percent, from the end of 2019 to November 2020, data from the National Centre for Statistics and Information showed. For …

( read original story …)



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