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Oman's labour body secures 87 job reinstatements in April
Oman's labour body secures 87 job reinstatements in April

Observer

time17-05-2025

  • Business
  • Observer

Oman's labour body secures 87 job reinstatements in April

MUSCAT: The General Federation of Oman Workers (GFOW) reported a rise in labour-related disputes and collective job termination notices in April 2025, reinforcing its active role in safeguarding employment stability and promoting fair labour practices across the Sultanate. According to the Federation's latest bulletin, four private sector companies submitted notifications involving the collective termination of 974 employees due to economic conditions. The GFOW's relevant committee approved the termination of 16 non-Omani workers, while also securing the reinstatement of 87 Omani employees through formal mediation processes. During the same period, the GFOW supported workers in 14 cases of individual and collective complaints, which were addressed through dialogue and negotiation sessions. Of these, eight cases were resolved, while six remain ongoing. Legal awareness among the workforce also increased, as the Federation responded to 76 legal inquiries and consultations covering issues such as wages, leave entitlements, contract terms, and working hours. In terms of union organisation, two new trade unions were formed in April. Additionally, three existing trade unions completed alignment procedures to meet national legal requirements. Committees under the GFOW held structured meetings to evaluate employer requests for workforce reduction and to assess complaints related to deteriorating working conditions. The Federation stressed that all measures taken were based on legal due diligence and guided by the principle of prioritising Omani job retention. The GFOW stated that key employment issues addressed during the month included wage disputes, leave entitlements, contract terminations, project completion concerns, and demands for improved working conditions. These issues remain central to the Federation's mandate under the goals of Oman Vision 2040, which promotes labour market resilience, fair governance, and economic participation. In a statement, the Federation reaffirmed its commitment to facilitating social dialogue and protecting the rights of workers through institutional mechanisms and union support. It also urged employers to enhance transparency and engage proactively in resolving disputes.

974 termination notifications received by Oman's trade union
974 termination notifications received by Oman's trade union

Muscat Daily

time17-05-2025

  • Business
  • Muscat Daily

974 termination notifications received by Oman's trade union

Muscat – The General Federation of Oman Workers (GFOW) received 974 notifications of termination of employment contracts in four companies in April 2025, according to a senior official. 'In April, the federation also handled 14 cases of worker support related to individual and collective complaints, including conducting negotiations,' the official said. Additionally, GFOW received 76 legal inquiries and consultation requests, while three trade unions successfully aligned with legal requirements during the same period. One newly formed trade union was also announced in April. Its committee for resolution of collective disputes addressed several demands related to improved working conditions, while one tasked with reviewing requests from private sector establishments approved the termination of contracts of 16 non-Omani workers due to economic circumstances. In a positive development, 87 Omani workers were reinstated during the month. Key issues discussed and reviewed by GFOW included wages, leave entitlement, working hours, project transfers and completions, economic conditions, contract terminations, demands for better working conditions, and the formation of trade unions. As part of efforts to modernise operations, the federation also launched its new Digital Trade Union Data Management System which aims to unify labour data nationwide, streamline internal processes, and improve transparency and communication across the union network.

Hatta, Sohar Port main gateway for goods in Oman
Hatta, Sohar Port main gateway for goods in Oman

Zawya

time29-04-2025

  • Business
  • Zawya

Hatta, Sohar Port main gateway for goods in Oman

Muscat: The Hatta Land Port connecting the UAE and the Sultanate of Oman, and the Port of Sohar are the main gateways for the entry of goods and cargo to the Sultanate of Oman. The value of imports through Hatta Land Port in the fourth quarter of 2024 was 524 million, accounting for 52 percent of the total value of imports through land ports. The value of imports through Sohar Port during the same period was RO2,089 million, contributing to 70 percent of the total value of imports through seaports. It may be noted that major non-oil Omani exports are received by the UAE, Saudi Arabia, India, South Korea, and the United States, while major countries for re-exports are the UAE, Iran, China, and the United States. The non-Omani imports are mostly from the UAE, China, Kuwait, India, and Saudi Arabia. The Sultanate of Oman shares a direct land border only with Saudi Arabia and the UAE. 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (

Dhofar Islamic's Children Account: A secure path to financial responsibility and future savings
Dhofar Islamic's Children Account: A secure path to financial responsibility and future savings

Zawya

time29-04-2025

  • Business
  • Zawya

Dhofar Islamic's Children Account: A secure path to financial responsibility and future savings

Muscat- Dhofar Islamic offers Children Account aimed at introducing children to Shariah compliant financial services, the basics of banking, financial responsibility as well as to help families save and invest for short-term or long-term goals such as education. The Children Account is rooted in the Islamic concept of Mudarabah and promotes savings habit via its attractive profit rates. This Account is available for children up to the age of 13, ensuring that even the youngest members of society can begin their journey towards financial literacy. With no minimum balance required to open the account, it is accessible to a wide range of families, making it an ideal option for those looking to create a secure savings plan for their children's future. A key feature of the account is the monthly distribution of profits, calculated on the average monthly balance. This means that every deposit made in the account is earning a return, helping the savings grow over time. Moreover, the account facilitates the seamless integration of monthly social protection program benefits, ensuring that children receive essential financial assistance directly. Highlighting the significance of the Children Account, Amor Said Al Amri ,DGM & Head of Dhofar Islamic Retail Banking stated: 'This Account is designed to empower parents to start saving for their children's future while simultaneously fostering financial responsibility from a young age. It serves as a solid foundation for important milestones, like education, while also introducing children to the concepts of money management, saving, and financial planning.' While the account is managed by the parent or guardian, who can deposit and withdraw funds at any time, Dhofar Islamic offers the convenience of an instant debit card issued in the guardian's name. This feature ensures easy access to funds while maintaining parental control. For those looking to open the account, the process is straightforward. Parents or legal guardians can easily open an account with just a few documents, such as the child's passport or national ID, the guardian's ID, proof of address, and additional documents for non-Omani residents. Dhofar Islamic remains committed to supporting families and the future of children in Oman, ensuring that every child has the opportunity to achieve their financial aspirations and goals. Through this initiative, the bank is not only securing a child's future but also empowering parents to take control of their financial journey. For more information on the diverse range of Shariah-compliant products and service offered by Dhofar Islamic please visit or contact us through 24/7 call centre services on 24775777.

Hatta, Sohar Port main gateway for goods in Oman
Hatta, Sohar Port main gateway for goods in Oman

Observer

time28-04-2025

  • Business
  • Observer

Hatta, Sohar Port main gateway for goods in Oman

Muscat: The Hatta Land Port connecting the UAE and the Sultanate of Oman, and the Port of Sohar are the main gateways for the entry of goods and cargo to the Sultanate of Oman. The value of imports through Hatta Land Port in the fourth quarter of 2024 was 524 million, accounting for 52 percent of the total value of imports through land ports. The value of imports through Sohar Port during the same period was RO2,089 million, contributing to 70 percent of the total value of imports through seaports. It may be noted that major non-oil Omani exports are received by the UAE, Saudi Arabia, India, South Korea, and the United States, while major countries for re-exports are the UAE, Iran, China, and the United States. The non-Omani imports are mostly from the UAE, China, Kuwait, India, and Saudi Arabia. The Sultanate of Oman shares a direct land border only with Saudi Arabia and the UAE.

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