MUSCAT: Oman introduced on Sunday expatriates can be barred from sure jobs in a bid to supply higher employment alternatives to residents amid an financial downturn.
In a area that relies upon closely on low-cost international labour, expats within the sultanate make up about 40% of the nation’s 4.5 million-strong inhabitants.
Confronted with an financial stoop and a pointy drop in oil revenues, Oman and different Gulf Cooperation Council (GCC) states have stepped up efforts to create jobs for their very own residents.
“A number of jobs in the private sector will be nationalised,” the Omani labour ministry introduced on Twitter on Sunday.
It added the work permits of foreigners in these professions won’t be renewed after their expiry date.
Varied jobs in insurance coverage corporations, retailers and automobile dealerships, together with finance, business and administrative positions, can be “limited to Omanis only”, the ministry stated.
Work as a driver, “no matter what the vehicle”, can even be reserved for residents, it added.
In April 2020, Oman ordered state-owned corporations to speed up the method of changing international employees with Omani nationals, particularly in senior positions, to create extra jobs for residents.
The finance ministry on the time stated giant numbers of expatriates nonetheless occupied managerial posts in state-run corporations.
Since 2014, the oil-rich Gulf area has been hit exhausting by falling crude costs, struggling a brand new blow amid the worldwide financial affect of the novel coronavirus pandemic.
Oman and fellow GCC states Saudi Arabia, the United Arab Emirates, Kuwait, Qatar and Bahrain have sought to diversify their economies and combine thousands and thousands of recent graduates into their workforces.
All have launched laws to offer nationals choice over foreigners in each the private and non-private sectors.
Greater than 25 million foreigners dwell within the Gulf, making up nearly all of the populations within the UAE, Qatar and Kuwait.