MUSCAT: His Excellency Eng. Redha Bin Juma Al Saleh, Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry, expressed the gratitude of the private sector for the noble directives from His Majesty Sultan Haitham bin Tarik.
The directives aim to improve the business environment and raise the competitiveness of the Sultanate Oman in the field of attracting investments by reducing fees for the recruitment of non-Omani workers because of its role in reducing costs for companies and institutions.
These directives come from the premise of achieving the main goals of the Oman 2040 Vision, which requires the creation of an empowered private sector that leads a competitive and integrated economy with the global economy.
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His Excellency added that the royal directives to reduce the fees for issuing and renewing licenses for the recruitment of non-Omani workforce in line with the application of the government services pricing guide will reduce the burden on the private sector and support its role in employing the national workforce, as these reductions amount to more than 89 percent for companies Committed to Omanisation rates.
He indicated that this generous gesture from His Majesty will expand the business of the private sector and the growth of its institutions, which will have a positive impact on the national economy.
His Excellency called on private sector institutions to respond to the royal directive by taking advantage of this reduction and to raise the pace of providing job opportunities for job seekers.
His Excellency said, “The generous directives from His Majesty on the importance of initiating urgent development projects that urgently require citizens to meet will have a role in developing the governorates’ economy, since each development project will be accompanied by a number of supporting projects. This will positively reflect on the business environment and increase Opportunities for private sector institutions and small and medium enterprises for the national economy to foresee a brighter future with these lofty directives.”
