News
Oman’s Ministerial Decision Will Protect The Market From Illegal Workforce: OCCI
Muscat: Oman’s decision to exempt expatriate workers and companies from paying fines arising from expired work permits is expected to help the country regulate illegal employment and reduce the financial impact on companies.
Welcoming the decision was Eng. Redha bin Juma Al Saleh, the chairman of the Oman Chamber of Commerce and Industry (OCCI). Commenting on the ministerial decision, he said: “The decision will work to regulate the labour market and contribute significantly to adopting new policies that protect the market from illegal employment and reduce the burden on private sector companies and institutions from bearing additional financial burdens in return for reducing the number of their workers in light of the current economic conditions.”
He then praised the cooperation of the government with the OCCI in supporting private establishments, and their efforts to “enhance the Sultanate’s position, raise its economy, promote its distinguished investment environment, and raise the private sector’s contribution to national income.”
-
News2 months agoSultan Center Unveils Flagship Al Hail Store, Elevating Premium Retail Experience in Oman
-
News2 months agoHONOR, in partnership with MHD-ITICS Debuts at COMEX in Muscat, Expanding Its Presence in the GCC
-
IT2 months agoAI Zone, Digital Triangle Project Unveiled at COMEX 2025
-
Automotive2 months agoChangan Launches the All New CHANGAN CS75PLUS 4WD in Oman
-
Dossier1 month agoDossier Construction Awards 2025 Celebrates Pioneers in Construction, Infrastructure and Real Estate
-
Arts and Culture1 month agoROHM To Premiere Arabic-Language Grand Opera – ‘Sindbad: The Omani Sailor,’ on Oct 3 and 5
-
Insurance1 month agoLiva Insurance Sweeps Three Major Wins at Alam Al-Iktisaad Awards 2025
-
News2 weeks agoKitchenomiKs Secures Investment of US$3.2M Led by Jasoor Ventures
