News
Directive Issued By HM To Generate 32,000 Jobs This Year
Muscat: His Majesty the Sultan Haitham Bin Tarik being renowned for his focus on the development of the youth of the nation reaffirmed the nation’s priority to the youth by issuing a directive to generate more than 32,000 jobs in the public and private sector for Omani citizens. Among these jobs, 12,000 jobs will exclusively be generated by the government’s civil and military establishments, according to the varying needs of each department.
In addition, the Royal Directives issued by His Majesty The Sultan, also lay emphasis on means to find employment for all the laid-off and unemployed job seekers via a series of initiatives. These initiatives include: Generating a total of 2,000 employment opportunities in the government sector on the basis of temporary contracts, in accordance with the actual needs of government establishments in different governorates in the Sultanate; Providing a total of one million hours of part-time work in government establishments in different governorates.
The Ministry of Labour will announce formalities and mechanisms for the same; Subsidising the wages of fresh employees in private sector establishments by providing RO 200 towards the monthly wages of as many as 15,000 fresh employees (with the rest to be borne by the employers) for a period of two years. The Ministry of Labour will unveil the formalities and mechanisms of the same in June 2021; Expending cut-off monthly assistance from the Job Security Fund (JSF), to the tune of RO 202.5 for a period of six months, in favor of self-employed Omanis insured at the Public Authority for Social Insurance whose businesses were negatively impacted by the economic situation and those of similar standing. This cut-off monthly assistance benefits a total of 15,000 people; Expending a similar cut-off monthly assistance of RO 202.5 for a period of six months, from the JSF in favor of laid-off Omani workers whose services were terminated in GCC states.
-
News2 months agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
News2 months agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
News2 months agoThales & Ankaa to Deliver Multi-Mission Air Traffic Surveillance Radars for Oman, Capable of Supporting Civil & Military Operations
-
Economy2 months agoWhat Higher Oil Prices Mean for Oman’s Economy in 2026
-
Economy2 months agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
-
Business2 months agoOman India Fertiliser Company Lists on Muscat Stock Exchange
-
Banking & Finance1 month agoBank Muscat posts net profit of RO137.49 million in H1 2026
-
Insurance2 months agoLEADERSPEAK: Dhofar Insurance CEO Sunil Kohli on Oman’s Insurance Sector, Reinsurance & Market Outlook
