Home Page - Gulf in the Media
HomePoliticsEconomy                               Set Gulfinthemedia.com as home page
Economy
 Print  Send This Page
Save Listen to this Article
The key obstacles that confront Omanisation drive   

Oman Daily Observer - 16 August, 2012
Author: Asim al Shedi

What caught my attention in the recently-issued statement by the Council of Ministers is that it spoke about the job-seekers problem and the Omani youths’ unwillingness to join the private sector. From my own point of view this matter constitutes a key obstacle facing the nation’s development march and brings us two decades back to the start of Omanisation. However, the question that should be asked frankly in this context is: What makes the Omani youth shy away from joining the private sector and opt for the public sector instead? The answer seems to be quite simple and it revolves around a single point: the government sectors offer better privileges than the private sector, and obviously with the changes taking place in the society the young people are not blamed for seeking the opportunities that provide them and their families with dignified living conditions which might not be available in the private sector. One day I heard a top Omani official saying: anyone who turns down a job with a better salary is foolish.
Understandably, most private sector jobs aren’t that bad, some of the private sector employees like graduates and technicians seem to be in a good condition and the young graduates normally quit public sector jobs in search for better ones in the private sector. On the other side, the private sector workers are getting meagre salaries, even less than the RO 200 stipulated by the government as a minimum wage and some workers shy away from filing complaints lest they should lose their jobs and face an uncertain future. The minimum wage of RO 200 is a humble salary compared with the salaries at the military and security apparatuses, even the general diploma graduates have a chance to get handsome salaries in the public sector. The government has to take a decisive action in this respect and push the private sector towards taking the national responsibility. The government can also pitch in with funds to help the private sector increase the salaries.
A few days ago I read an appalling report saying that the expatriates’ remittances reached $ 2.5 billion last year which is a colossal figure and worrying at the same time. There are 1.3 million expatriate workers registered at the Manpower Ministry let alone those who are staying illegally. Aside from the social problems created by non-Arab expatriate workforce, the huge funds sent by workers to their home countries at this financially critical period is quite enough for us to sense the scale of the problem.
Strangely enough, two decades after the outset of job nationalisation policy the Omanisation ratio is still less than 25 per cent, with the private sector institutions adamant about recruiting expatriates and most of these institutions are not fulfilling their commitments in applying the Labour Law. This is one of the most dangerous issues that should be addressed by the government, however, the solution should be a reasonable one based on far-sighted studies rather than short-term remedies.
 
UAE revives plan to merge bourses
Source : Gulf Daily News  
Date : 2013-06-18
The UAE has revived a proposal to merge its two main stock exchanges in a state-backed deal that could boost trade in the local market and attract more foreign investment...
Zain Bahrain launches new premium service
Source : Gulf Daily News  
Date : 2013-06-18
Zain Bahrain has launched "Signature", a new premium service platform, as it seeks an edge in the fiercely competitive domestic telecom market....
Parliament panel approves budget
Source : Gulf Daily News  
Date : 2013-06-18
Bahrain's delayed national budget received the green light from parliament's financial and economic affairs committee yesterday....
Warning not to waste food during Ramadan
Source : Gulf Daily News  
Date : 2013-06-18
About 25 per cent of food purchased in Bahrain during Ramadan will be thrown away, according to a top environmentalist....
New 'green' plan
Source : Gulf Daily News  
Date : 2013-06-18
A three-phase "green" plan has been introduced to tackle Bahrain's spiralling energy and water consumption....
Dust haze is set to continue
Source : Gulf Daily News  
Date : 2013-06-18
Dusty conditions affecting Bahrain could continue for another three weeks....
Premier steps in to help sickle cell victims
Source : Gulf Daily News  
Date : 2013-06-18
The Premier has instructed the Health Ministry to devise an effective system to reduce the waiting time for sickle cell patients in severe pain....
Investcorp buys Saudi firm stake
Source : Gulf Daily News  
Date : 2013-06-18
Bahrain-based Investcorp has bought a 38 per cent stake in a Saudi oil and gas services company and expects to complete up to three more deals via its $1 billion...
Gulf Air official reappointed to key WACRA post
Source : Gulf Daily News  
Date : 2013-06-18
National carrier Gulf Air's senior manager customer care and service quality control Kavita Al Jassim has been elected chairwoman of the Worldwide Airlines Customer Relations Association (WACRA) for the sixth...
Iran rejects selling cheap oil to India
Source : Tehran Times  
Date : 2013-06-18
Iran OPEC governor Mohammad-Ali Khatibi has rejected recent news about selling oil at discount prices to India, ILNA reported....
Qatar Exchange up a shade; Saudi rebounds
Source : The Peninsula  
Date : 2013-06-18
Qatar Exchange ended in the green yesterday adding 5.29 points (or 0.06 percent) to advance to 9,429.70 points from 9,424.41 on Sunday....
Saudi food & agri sector outlook remains positive
Source : Saudi Gazette  
Date : 2013-06-18
The Saudi food and agriculture sector retains its positive outlook due to growth in demand supported by a young and growing population, and expansions into new segments, NCB Capital, the...
Etihad Airways inks IMU with Serbia
Source : Gulf Today  
Date : 2013-06-18
Etihad Airways will advance discussions with JatAirways about an equity investment in the Serbian national carrier....
Insurance sector remains in limelight
Source : Arab News  
Date : 2013-06-18
The Saudi stock market ended yesterday's trading session solidly in the green. Saudi Arabia’s benchmark stock index (TASI) recorded a handsome gain of 1.81 percent, which is the highest intra-day...
Sadara signs SR 39.37 bn funding agreements
Source : Arab News  
Date : 2013-06-18
Sadara Chemical Company (Sadara) yesterday announced the signing of a number of definitive financing agreements for an additional funding of approximately SR 39.37 billion ($ 10.5 billion)....
Zamil Industrial unveils cloud computing initiatives
Source : Saudi Gazette  
Date : 2013-06-18
Zamil Industrial Investment Co. launched recently its full Office 365 Enterprise project and other cloud computing initiatives....
Babyshop opens 2 new stores in Jeddah
Source : Saudi Gazette  
Date : 2013-06-18
BABYSHOP, the region’s premier fashion destination for children sets yet another milestone with the opening of its 30th and 31st stores in the Western Region at Al Emmam Al Bukhari...
Edarh Midway obtains ISO certification
Source : Saudi Gazette  
Date : 2013-06-18
EDARH Midway Ltd., pioneer in the field of engineering consultation and real estate development, has marked a new achievement through its successful course to be accredited the International Specification Certificate...
Cisco reaffirms commitment to Saudi Arabia
Source : Saudi Gazette  
Date : 2013-06-18
Cisco’s Chairman and CEO John Chambers arrived in Saudi Arabia Monday to meet with Saudi government officials and strategic business partners in the Kingdom....
Synthetic oil much better than best quality mineral oil: Apsco
Source : Saudi Gazette  
Date : 2013-06-18
Arabian Oil Supply Company (Apsco), manufacturer and marketer of Mobil oil in Saudi Arabia, recently held a seminar in Al-Ghardaqah City, Egypt on the importance of synthetic oil and its...
Total 321 Results in 17 Pages
  3 
For more news, views and reports about this topic, please subscribe
to GRC website: www.grc.ae
Wed Jun 19, 2013| 10-شعبان-1434هـ
Saudi King: Interference by some countries destabilizes region
Saudi banks to benefit from strong sukuk market growth
Rowhani hopes for new accord with world powers over N-issue
ADPC and Abu Dhabi Customs sign an agreement
Assad says Europe would 'pay price' for arming rebels
Qatar Holding sells back 10pc Porsche stake
Taliban 'set to open office in Doha'
India cuts Iran oil imports by more than 40pc
Under pressure, Ahmadinejad summoned to appear in court
Oman's market to see major IPOs
Bombs, suicide attack kill 12 in Iraq
e-fraud in Saudia among lowest in the world: BMAC
National Media Council's responsibilities redefined
Qatar building 77 new hotels: QDB analysts
Coronavirus spreads: Four more die, three others infected
Etihad Airways inks IMU with Serbia
    Newspaper Editorials
Talking to the enemy
James Bond state
More>>  
    Opinions
US cohabitation with Hezbollah terror
What happened to the Arab superpowers?
More>>  
    GCC Press Agencies
Day's main stories from the GCC Press Agencies
    Reports
Syria and WMD: Deepening Uncertainty
Iraq Ten Years On
More>>  
    Bank Reports
GCC Cement Sector Quarterly – 1Q13
GCC Real Estate Quarterly – 1Q13
More>>  
    GRC Analysis
Building a Strong Saudi-Japan Relationship
Poor Gulf: Inequality and the Lack of Statistics
Whither GCC-US Relations?
    GRC Commentary
On Relations between Rulers and Citizens: The Need for a New Social/Political Contract in the GCC States
Key Issue Facing the Saudi Ruling House.
    GRC Book Review
Beyond Regionalism? Regional Cooperation, Regionalism and Regionalization in the Middle East
India, GCC and the Global Energy Regime: Exploring Interdependence and Outlook for Collaboration.
    GRC Press Release
Gulf Research Center press releases to the media
    GRC Publications
The Uneasy Balance: Potential and Challenges of the West's Relations with the Gulf States
Asia-Gulf Economic Relations in the 21st Century: The Local to Global Transformation
Assessment of the Security Situation in Iran, Iraq, Yemen, Syria and the Arab Gulf States
    GRC Newsletters/Bulletins

Enter your email to get the Newsletter
Go
      
Privacy Policy | Contact Us | Terms & Conditions | About Us |
Weather | Qibla Directions | Hijri Date Conversion Tool
Full Page :total time:1  |   06-- 07 Middle Page :0  --   | Right : 07 - 07--en--sess-enreq-en-coming