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The partnership will align $1 billion in World Bank investments with Generation Unlimited, a new global initiative, currently hosted by Unicef. (Shutterstock)
April 11, 2019 - 08:40 GMT
The World Bank and Unicef announced a new commitment to promoting education, skills and training for young people in developing countries with the goal of boosting their employment prospects.
Social media has become the new Mall of UAE where we all window-shop about four hours a day. (Pixabay)
April 10, 2019 - 09:38 GMT
It's true, isn't it? I never knew I wanted those brilliant blue sunglasses. Now I have two, thanks to BOGO (buy one, get one free, for the uninitiated). Or that outdoor barbecue grill, thanks to the XTRA25 code that helped me shave a quarter off its price.
The replacement of expatriate workers with locals from Oman’s workforce led to a decrease of more than half a billion dollars in remittances in 2017. (Shutterstock)
April 10, 2019 - 09:29 GMT
The replacement of expatriate workers with locals from Oman’s workforce led to a decrease of more than half a billion dollars in remittances in 2017, a new report from the World Bank has said.
Oman has been ranked sixth in the Arab world in terms of investment in technology. (Shutterstock)
April 09, 2019 - 09:53 GMT
Oman has been ranked sixth in the Arab world in terms of investment in technology, the Oman Technology Fund (OTF) has announced.
Salim bin Said Al Wahaibi has won membership at the executive office at the Asian Football Confederation as a representative of West Asia (Photo: Times of Oman)
April 06, 2019 - 18:51 GMT
Chairman of the Oman Football Association, Salim bin Said Al Wahaibi has won membership at the executive office of...
Photo: Oman Observer
April 01, 2019 - 10:21 GMT
The Omani Journalists Association (OJA), represented by the Sport Media Committee (SMC), in cooperation with the Ministry...
Between 2014 to 2018, a total of 10,334 expat and Omani workers were laid off by 106 companies, including 5,000 in 2017 alone. (Shutterstock)
April 01, 2019 - 08:51 GMT
The number of workers laid off in 2018 has plummeted by 73 per cent, according to a report issued by the General Federation of Oman Trade Unions (GFOTU) to mark achievements during the first four years of its operations.
Al Faisal al Zubair (Photo: Muscat Daily)
March 31, 2019 - 13:50 GMT
The razzmatazz and the flashlights may have been reserved for the stars at the Bahrain Formula One Grand Prix, which concludes at the Bahrain International Circuit in Sakhir on Sunday.
The initiative is part of Tanfeedh’s programme which aims to diversify the economy and enhance the attractiveness of the private sector to Omani citizens. (Shutterstock)
March 26, 2019 - 09:47 GMT
Companies committed to an Omanisation staffing policy will be able to fast-track visas for expat workers, under a new government scheme.
Rents declined by 10-15 per cent in 2018 compared to 2017. (Shutterstock)
March 21, 2019 - 10:38 GMT
Rents declined by 10-15 per cent in 2018 compared to 2017.
Money laundering, bribery and corruption were identical at around 12 per cent. (Shutterstock)
March 20, 2019 - 20:00 GMT
According to a survey findings, 44 per cent of respondents have fallen victim to financial crime in the past five years and about 87 per cent expect their technology to continue to develop over the next two years.
India’s Accord Group and Oman’s Ministry of Oil and Gas have signed a $3.85 billion deal to build an oil refinery in Sri Lanka. (Shutterstock)
March 20, 2019 - 09:20 GMT
India’s Accord Group and Oman’s Ministry of Oil and Gas have signed a $3.85 billion deal to build an oil refinery in Sri Lanka, the biggest single pledge of foreign direct investment ever made in the country, said a Reuters report.
Insurance experts and employee welfare advisors feel that once the Dhamani (Arabic for guarantee) system is in place, it will remove the financial burden from workers. (Shutterstock)
March 20, 2019 - 09:02 GMT
Employees in Oman’s private sector won’t have to pay a single rial towards health insurance after the mandatory system is rolled out, the scheme administrator Capital Market Authority has said.
The first phase of the new plan will include basic emergency coverage for company employees in Oman. (Shutterstock)
March 18, 2019 - 09:34 GMT
International companies in Oman will be the first to benefit from the Sultanate’s new mandatory health insurance scheme, which aims to provide affordable and timely healthcare to private-sector employees in the country.
Qatar-Oman trade volume witnessed a 240% jump from QR2bn in 2016 to QR6.8bn last year. (Shutterstock)
March 17, 2019 - 10:13 GMT
Qatar-Oman trade volume witnessed a 240% jump from QR2bn in 2016 to QR6.8bn last year. In 2017, both countries’ trade exchange stood at QR3.8bn, private sector leader at the Qatar Chamber said in a statement.
A total of 582 expat nurses have lost their jobs as 449 Omani nurses were hired over the last two years. (Shutterstock)
March 17, 2019 - 09:28 GMT
A total of 582 expat nurses have lost their jobs as 449 Omani nurses were hired over the last two years, the Ministry of Health has announced.