Times Of Oman - May 6, 2015

Page 1

44 63

6 085010 120010 SCAN THIS QR CODE TO INSTANTLY LAUNCH THE VIDEO

DIGEST VIDEO Top stories in one minute with our new daily Digest

WEDNESDAY, May 6, 2015 /17 Rajab 1436 AH

timesofoman.com

wtimesofoman.com

facebook.com/timesofoman

twitter.com/timesofoman

blog.timesofoman.com

143,000 jobs to be created in tourism

S H O P P I N G D E S T I NAT I O N

Jobs creation

PHASE II EXPANSION: An artist’s impression of the proposed project after its completion.

City Centre Muscat to add jobs; expansion nears the finish line Staff Reporter MUSCAT: Around 1,500 people are currently working at the City Centre Muscat as the expansion of the first and largest lifestyle shopping destination in Oman is all set to create more jobs when it is ready by the end of this year. Around 50 per cent of the workers in the existing mall are Omanis and the redevelopment

SCAN THIS QR CODE TO INSTANTLY VISIT

VIDEO W W W.T I M E S O F O M A N .C O M

will result in the creation of additional jobs for locals, Husam Al Mandhari, senior mall manager for the City Centre Muscat, told the Times of Oman. He was speaking on the side-

lines of a press meet held in the mall on Tuesday to announce the latest updates in phase two of its OMR27m redevelopment plans, which was followed by an exclusive tour of the construction site for media representatives. According to Al Mandhari, the expansion work has created more than 450 jobs on the site, including career opportunities for nationals. >A4

MEETING

Key issues discussed by Majlis

As Oman projects

Direct jobs 2014

itself on the world

44,500

2025

72,000

Tourism investment (Percentage of the total) 10.3 6.3 3.6

tourism map, citizens can reap its spin-off in employment field

REJIMON K

reji@timesofoman.com MUSCAT: A boom in Oman’s travel and tourism sector will create 143,000 direct and indirect jobs by 2025, said a top official from Omran, the Sultanate’s tourism development and investment arm. “Over the next 10 years, the projected employment growth within Oman’s travel and tourism sector is set to increase 3.8 per cent annually, totalling 143,000 direct and indirect jobs. These

2.8%

3.7% of total employment

2014

267

OMR million

2025

OMR million

Source: World Travel and Tourism Council

figures are a clear evidence of the sector’s increasingly important role in creating a sustainable future for our citizens,” Wael Al Lawati, group CEO of Omran, told the Times of Oman in an exclusive interview. In its 2015 forecast, the World Travel and Tourism Council (WTTC) has predicted that by 2025, Oman’s travel and tourism will support 3.7 per cent of total employment. According to the report, in 2014, travel and tourism had directly supported 44,500

541

Graphics

jobs or 2.8 per cent of total employment in the Sultanate. This is expected to rise 11.0 per cent in 2015 and 3.8 per cent per annum to accommodate 72,000 jobs or 3.7 per cent of the total employment, in 2025. “Given Omran’s position as the nation’s tourism developer, it is pleasing to witness the steady increase in employment opportunities as the travel and tourism sector in the Sultanate continues to elevate its position on the world stage,” added Al Lawati. >A6

TOP THREE INSIDE STORIES

Times News Service MUSCAT: A law to support small and medium enterprises (SMEs), and differences in suggestions made by the State Council and Majlis Al Shura on amending some provisions of the Drugs and Psychotropic Substances, were discussed in the Shura meeting yesterday. The meeting addressed the draft law for regularising the work of engineering consultants. Related issues like employment, funding and financial losses were discussed in the meeting.

ISO 9001:2008 Certified Company

OMAN

OMAN

MARKET

Agarwood in Oman

Rain, hail lash Oman

Research in oil & gas

1

2

3

New eco lifestyle brand Agarwood will enter the Oman market with the launch of a 286-key resort. >A2

Sayyid Shihab attends GCC meeting

A2,7

While hail fell in Nakhal, residents in Samail and Rustaq witnessed rain and thunderstorm on Tuesday. >A5

Research and development in the oil and gas sector in Oman is gaining ground. >B1


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.