TAG: Economy

In the latest OBG Business Barometer: Oman CEO Survey the sultanate’s business community named labour law as the area in need of the most reform in order to promote economic growth: of the nearly 100 C-suite executives that were interviewed, this was the most popular answer, at 59%. In addition, leadership (35%) and engineering (22%) were identified as the skills most in need by the economy. Here, the country’s labour laws, and in particular the strict imposition of Omanisation quotas, are again proving tricky to navigate for the country’s employers, although the issue is also compounded by the historic tendency of locals to opt for public over private sector employment.