Oman introduced Sunday it’s going to bar expatriates from sure jobs in an effort to create extra employment alternatives for its residents amid an financial downturn.
In a area that relies upon closely on low cost overseas labour, expats within the sultanate make up about 40% of the nation’s 4.5 million-strong inhabitants.
Confronted with an financial droop 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 variety of jobs within the non-public sector will likely be nationalised,” the Omani labour ministry introduced on Twitter on Sunday.
It added the work permits of foreigners in these professions is not going to be renewed after their expiry date.
Numerous jobs in insurance coverage firms, outlets and automotive dealerships, together with finance, industrial and administrative positions, will likely be “restricted to Omanis solely”, the ministry mentioned.
Work as a driver, “it doesn’t matter what the car”, may even be reserved for residents, it added.
In April 2020, Oman ordered state-owned firms to speed up the method of changing overseas employees with Omani nationals, particularly in senior positions, to create extra jobs for residents.
The finance ministry on the time mentioned giant numbers of expatriates nonetheless occupied managerial posts in state-run companies.
Since 2014, the oil-rich Gulf area has been hit onerous by falling crude costs, struggling a brand new blow amid the worldwide financial impression of the novel coronavirus pandemic.
Oman and fellow GCC states Saudi Arabia, the United Arab Emirates, Kuwait, Qatar and Bahrain have saught to diversify their economies and combine tens of millions 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 reside within the Gulf, making up the vast majority of the populations within the UAE, Qatar and Kuwait