News
Ministry Announces 100% Omanisation In Certain Professions

Muscat: The Sultanate’s Ministry of Labour has announced Omanisation in a host of professions in the private sector in Oman.
Announced by the Minister of Labour, the decision – 8/2021 – will regulate the practice of some professions and activities based on the Labor Law promulgated by the Royal Decrees 35/2003 and 89/2020 that established the ministry of Labor and defined its organisational structure.
Here are the professions banned for expats:
- Financial and administrative professions in insurance companies and companies operating in insurance brokerage activities.
- Selling, accounting, money exchange, management, and arranging goods in operating stores in malls.
- Account auditing professions in auto agencies.
- All professions related to selling new and used vehicles.
- All accounting professions related to selling new and used vehicles.
- Selling spare parts for new vehicles belonging to auto agencies.
According to the decision, expats with visas within these professions cannot have their visas renewed after their expiry. Article 4 states that this decision shall be published in the Official Gazette and shall be enforced after six months from the date of its publication.
-
Banking & Finance1 month ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
OER Magazines2 months ago
OER, May 2025
-
Bahrain4 weeks ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance2 months ago
Central Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance2 months ago
United Finance Company: Strategically Serving Oman’s Auto Market with Faster, Customer-First Solutions
-
Banking & Finance2 weeks ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
Insurance2 months ago
Liva Insurance Sets New Benchmark with ‘Innovative Insurer of the Year’ Award at the New Age Banking Summit 2025
-
Banking & Finance1 month ago
The Future of the International Financial System to be discussed at SPIEF 2025