Oman declares Teachers’ Day 2024 holiday for public and private schools
Oman government
Latest in Oman government
dudget
Oman budget 2024: $28.6bn revenue, $30.3bn spending on $60 per barrel oil price forecast
Oman expects deficit of $1.7bn in 2024 as it delivers detailed breakdown of budget for year ahead
Dubai police
UAE petrol price change; Kuwait deports 700 Filipinos; Major Saudi visa update; Oman labour law; Dubai Police TikTok arrest statement – 10 things you missed this week
UAE petrol prices, Saudi visa updates, Oman labour laws, public holiday dates, Kuwait deports Filipinos and more top stories this week
Oman
Oman announces major changes to Labour Law
Oman announces labour law, offers extended maternity leave, lets bosses fire unproductive workers, defines Omanisation of workforce
Islamic New Year
Islamic New Year 2023: Oman announces public holiday
Oman announces pubic and private sector holiday for Islamic New Year
Oman
Oman school buses fail inspections
During the inspection campaign, a number of violations were issued including a lack of safety and non-compliance
Aviation
Oman to open $54.4mn Muscat airport runway in 2023: Report
Oman’s Civil Aviation Authority (CAA) is also working on other aviation projects to boost the sector
Muscat
Oman visa-free entry for over a 100 countries: Full list revealed
Here is the full list of over 100 countries eligible for visa-free travel, according to the Foreign Ministry of Oman
Muscat
Oman announces visa-free entry for over 100 countries
The move is aimed at encouraging more tourists to visit Oman, which is known for its natural beauty, rich history, and unique culture
FIFA
Oman opens visa submissions for World Cup fans with Hayya Card heading to Qatar
The World Cup visa will be valid for 60 days
GCC residents
Oman announces visa-free entry for GCC residents
All residents of the GCC countries have the right to enter the Oman for all commercial professions
Environment Authority
Oman to ban import of plastic bags from 2023
The decision which will come into effect on January 1, will not affect local plastic production factories
economic outlook
Oman set to extend economic reforms as finances stabilise after Covid shock
Foreign minister Sayyid Badr bin Hamad Albusaidi says Oman’s fiscal position is now ‘sound and improving’
Fitch Ratings
Why Oman’s economic prospects are looking brighter
Fitch Ratings revises Oman’s outlook to stable from negative as economic picture improves
investment opportunities
Saudi, Oman companies sign deals worth $30bn
Agreements came on the sidelines of the visit of Saudi Crown Prince Mohammed bin Salman bin Abdulaziz to Oman
Oman economic outlook
Oman’s first S&P upgrade in over a decade could be on the cards
S&P, the first of the major credit assessors to give Oman a non-investment grade, affirmed its long-term foreign currency rating at B+, on par with Bahrain, Bolivia and Rwanda
budget deficit
IMF’s technical help in Oman unlikely to result in aid package
Struggling with the aftermath of lower oil prices and Covid-19, Oman has been seeking ways to tame its budget shortfall and diversify the economy as crude reserves dwindle