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6 085010 120010 FROM THE WORDS OF HIS MAJESTY THE SULTAN
Opening of the second term of the Council of Oman
‘His Majesty’s Wisdom’ Our foreign policy, as you know, is based on certain fundamental principles which we have not deviated from since the dawn of the Blessed Renaissance. These principles spring from our conviction that one should strive towards the goals which bring benefits and peace for all, that one should support just causes at international gatherings, and that one should strengthen the ties of co-operation with our brothers in the Arab and Islamic states and our friends throughout the world.
MONDAY, October 12, 2015 / 28 Dhul Hijja 1436 AH
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Two-year ban for expats backed by business chief Arguments about a its negative effect on the Omani economy are mere ex exaggeration. The pros are mo more than the cons of this decis decision
Said bin Saleh al Kayoumi, chairman of the Oman Chamber of Commerce and Industry, speaks out
Said bin Saleh Sal Al Kayoumi Chairman, Oman Chamber Ch of Commerce and Industry Times News Service MUSCAT: One of Oman’s top business chiefs has thrown his weight behind the two-year visa ban for expats without a No Objection Certificate (NOC), branding arguments about the negative effect on the Sultanate’s economy as “mere exaggeration”. Writing exclusively in the Times of Oman, Said bin Saleh Al Kayoumi, chairman of the Oman
Chamber of Commerce and Industry (OCCI), said each country has the right to promulgate laws that are consistent with its vision and that serve the national economy. Al Kayoumi insisted that labour protection practices in Oman are among the best in the world and said of the two-year
ban, “there are more pros to the decision than the cons”. He said there are many examples of business suffering due to some unhealthy practices of domestic workers. Often companies train their staff but they quit as soon as they receive a better offer. He also said the visa ban rule
SOFT LAUNCH IN DECEMBER 2015
“protects employers from the greed of employees” who come to know their companies’ trade secrets and know-how. His words will be welcomed by some industry leaders, but Sunday’s front page story in Times of Oman on the Royal Oman Police advising bosses they could be more
generous with NOCs received tremendous attention, being shared hundreds of times on Facebook and attracting more than 150 comments, the majority of which called for a change in the law. Here is the full transcript of Said bin Saleh Al Kayoumi’s statement to the Times of Oman: OCCI is making steady efforts to enforce Article 11 of the expatriate residence laws, thanks to the government for positive response. “Article 11 in the Passport and Residence Act in Oman states that the employment visa will not be issued to any foreigner who has previously worked in Oman but has not completed two years from the date of last departure. The Inspector General may not enforce this article when the public interest requires so. The OCCI has been calling for the enforcement of this article (11). Arguments about its negative effect on the Omani economy are mere exaggeration. >A10
MET FORECAST
Arabian Sea storm starts weakening Staff Reporter MUSCAT: As per the latest forecasts and satellite images, the deep tropical depression in the Arabian Sea has been downgraded to only tropical depression and it has started to weaken. The system
TOURISM BOOST: An artist’s impression of the upcoimg hotel in Al Khuwair. –Supplied photo
New top-end hotel launch in Al Khuwair this year Times News Service MUSCAT: A new 5 star hotel will be coming up soon in Al Khuwair, adjacent to Muscat Grand Mall. For this, Maisarah Islamic Banking Services signed an agreement with Shaza Oman to finance the construction of the hotel in Muscat. The hotel will have standard rooms, executive rooms, suites, ballroom, themed restaurants, swimming pools and various other facilities.
This property will be managed by Millennium & Copthorne Hotels and is scheduled to have a soft launch in December 2015. The agreement was signed by Abdul Hakeem Al Ojaili, acting CEO of BankDhofar, Abdul Rahman Ba Omar, CEO of Al Madina Real Estate, and Mohammad Al Ghassani, CEO of GLOREI. Faisal Al Tamimi, head of Wholesale Banking at the Maisarah Islamic Banking Services, reaffirmed Maisarah’s position as the natural choice for such large-
scale projects that contribute to the development of the national economy and boost tourism and hospitality sector. “We at Maisarah continue to be the leading provider of Shariah-compliant products and services for both retail and corporate customers,” he said. “This agreement comes as part of our broader strategic plan and continuous efforts to provide tailored financial solutions to our diverse customer base,” he added. >A6
TOP THREE INSIDE STORIES
OMAN
45 expat labourers arrested last month
1
In cooperation with the joint inspection team from the Department of Manpower in Buraimi, the Ministry of Manpower apprehended 45 labourers last month. >A2
MARKET
Oman may float debt instruments
Oman Air celebrates Dreamliner delivery
A6
M O H A M M E D A L A L AW I
Oman government could float an international bond or sukuk, after the completion of its debut sovereign sukuk issue. >B1
Hunt for Oman Sail member widens
SPORTS
Staff Reporter
2
Indian coach positive despite travel woes
3
After four consecutive defeats, Indian team would be hoping for a reasonably good show, if not a winning outing, against fancied Oman side. >C1
MUSCAT: The search and rescue operation for Mohammed Al Alawi, the missing 26-year-old crew member of MOD70 Trimaran-Musandam-Oman Sail, has been extended to Italian waters using helicopters, a statement from Oman Sail said. Al Alawi, who was on board MOD70, went missing last
Wednesday, just south of Pula in Croatia, while the Trimaran was en route from France to Trieste in Italy for the Barcelona. According to a statement issued on Saturday, the search for Al Alawi continues and includes a mix of Oman Sail, private search and rescue companies. Croatian coastguards are using helicopters, airplanes, and boats in the search operation.
will move forward in the coming days towards Oman, reports said. “Dry air has caused the system to weaken, despite light shearing and warm water. The system will struggle to maintain its strength,” Jason Nicholls, meteorologist at Accuweather.com, said.
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EMPLOYEES TRANSFER
His Majesty issues Royal Decree MUSCAT: His Majesty Sultan Qaboos bin Said on Sunday issued a Royal Decree No. 37/2015 transferring employees to the Foreign Ministry. Article (1) transfers Nassir bin Mohammed bin Khalifa Al Busaidi and Mohammed bin Ahmed bin Saleh Al Bulushi from the Diwan of Royal Court to the Foreign Ministry and appoints them with the grade of Ambassador. Article (2) says that this Decree shall be published in the Official Gazette and enforced on its date of issue. -ONA His Majesty the Sultan sends cable >A6