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.
-
Economy1 month agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
Magazines1 month agoOER May 2026 Edition: The Digital Copy
-
News3 weeks agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Investment1 month agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
News4 weeks agoINVESTIGATION: Is AI in a Bubble? Inside the Trillion-Dollar Question Reshaping Global Markets
-
Magazines1 month agoSignature Oman: May 2026 Edition
-
Banking & Finance2 months agoOman Arab Bank marks successful listing of $400mn AT1 Bond on London Stock Exchange
-
Economy4 weeks agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
