Oman intends to invest in oil and gas projects, which are expected to assist enhance the country's economy and increase the number of construction projects and job possibilities.

With a 3.7 percent increase in GDP, the job market in Oman is predicted to skyrocket, creating additional work prospects.
According to Sheikh Abdullah bin Nasser Al Bakri, Minister of Manpower, there would be more jobs for Omanis in the following sectors: oil and gas, finance, insurance, logistics, and mining. The government wants to create 40,000 more job possibilities, which might be exceeded by up to 47,000 this year.

Every year, the government establishes a quota (percentage) to be met in terms of the number of jobs available to Omani workers.

  • The Engineering industry wants to achieve a 50 Percent objective.
  • They intend to hire 570 percent of technicians and 80 Percent of skilled people in the engineering industry.
  • The oil and gas industry aspires to hire 90% for production and operation firms and 82% for direct service firms.
  • The Accounting industry hopes to hire 29 percent of managers, 55 Percent of specialists, and 66 Percent of technicians.
  • Clerical roles strive for perfection.
  • The industrial sector aspires to achieve 35percent .
  • The banking and finance industries hope to achieve 90 percent .
  • According to the National Centre for Statistics and Information, 63 percent of women believe their educational credentials are adequate for the employment market.

What are the requirements of job in Oman?

The hiring criteria vary depending on the organisation and the position for which you are applying. Most employers will want at least two years of experience, as well as additional appropriate qualifications such as a Bachelor's Degree and other related credentials.

What is the average salary in Oman?

Salary in Oman is determined on an employee's position and experience. Oman's average annual wage is $80,000 USD. Professionals in the financial services sector are the highest paid in Oman. They are paid roughly $135,000 per year. Sales and Business Development specialists, on the other hand, earn roughly $46,000 a year.

Top Companies where you can Apply for Job

If you're looking for a career, Oman will undoubtedly come in handy because the city never ceases to amaze. It has earned a solid reputation as a terrific place to work throughout the years.Top 5 companies where you can build your career in oman.

1.The Omani Limited Liability Company(LLC)

A Restricted Liability Company is one in which each shareholder's liability is limited to their part of the company's capital. An LLC in Oman requires at least two owners, one of which should preferably be a GCC national or an American who owns at least 30% of the company's shares, and one director (who can be one of the shareholders as well).

The minimum capital necessary to incorporate an Omani LLC, which is the most desired company type for foreigners interested in establishing a company in Oman, is 150,000 Omani Riyals, which is roughly 390,117 USD. This sort of corporate structure is useful for manufacturing and commerce.

2.The wholly Foreign-Owned LLC

Foreign nationals who wish to establish a company and possess 100 percent of the shares must obtain permission from the Ministry of Commerce and Industry in accordance with Omani law. To obtain clearance, a company must submit a detailed business plan outlining the capital investment and estimated benefits to the country's economy, including the number of local employment to be created.

The firm must also have at least two shareholders and one director, as well as a minimum capital of one million Omani Riyals (about 2600780 USD).

3.The Oman Free Zone Company

A company that incorporates in one of the Omani Free Zones must meet three main conditions. 1. being entirely foreign-owned; 2. being able to do business with local customers; and 3. not requiring a minimum investment.

Additional exemptions for an Oman free zone company include: 1. no corporate income tax and 2. a lesser requirement for hiring Omani personnel (only 10 percent ).

Manufacturing enterprises who want to utilise the country as a base to extend their operations in the Middle East are frequently advised to use free zones.

4.The Joint Stock Company(SAO)

A Public Joint Stock Company is a Joint Stock Company whose shares are publicly traded (SAOG). An SAOG necessitates two major components. 1. A minimum share capital of OR150,000 (390,117 USD).

A Private Stock Company (SAOC) requires a minimum capital of OR50,000, which is approximately 130,000 USD for a Joint Stock Company that does not offer shares to the public. In addition, the corporation requires a minimum of three owners, one of whom must be from Oman and possess 30 percent of the total business shares.

5.The Limited Partnership(LP)

An LP is a commercial entity that requires at least one general partner and one limited partner to be registered. A limited partnership (LP) is a type of general partnership that has been adjusted.

A limited partner is only accountable for the partnership's debt up to the amount of money they provided, but a general partner is accountable for the partnership's liabilities up to the amount of the partnership's investment.

The limited partnership entity must be registered with the Oman Commercial Register by the Omani general partner.

 

 

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