News
Ministry of Labour Announces Changes to Labour Law Under Discussion

Muscat: Salim bin Musallam al Busaidi – the Undersecretary for Human Resources at the Ministry of Labour stated that the Ministry aims to ensure 6,000 jobs in the Oil & Gas and, Electricity sectors. He further added that these jobs will involve employment-related training or on–the–job training.
He clarified that the training regimen is only being funded if it fructifies into a real job opportunity and, over 1,800 jobs were already offered in the first quarter of this year. Alongside Sheikh Nasr bin Amer bin Shwain al Hosani, Labor Undersecretary, Al Busaidi stated that Oman Investment Authority is on track to replace an estimated 9,000 expatriates who are employed by Government companies.
Al Busaidi added that the Ministry’s purview is not only to generate job opportunities but also, act as a regulator in the labor market. He stated that two draft laws being discussed with government agencies, in line with the current situation and keeping public interests in mind.
He dismissed the rumors about an increase in working hours and emphasized that the law will be employee-centric.
-
Banking & Finance1 month ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
Bahrain1 month ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance4 weeks ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
Energy1 month ago
Russian Energy Week from October 15-17, 2025 offers alternative formats of cooperation
-
OER Magazines1 month ago
OER, June 25
-
Banking & Finance2 months ago
The Future of the International Financial System to be discussed at SPIEF 2025
-
Retail2 months ago
All services are moving toward personalisation says Tatyana Kim, Founder of Wildberries and Head of RWB
-
Business2 months ago
Over 137 Countries and territories confirm participation in SPIEF 2025