5 Reasons to Work in Oman

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Is Oman a better place to find employment opportunities? Why is Oman the best place to work? Here is what you need to know in this post!

5 Reasons to Work in Oman

Although most people consider moving to the United Arab Emirates and Qatar when looking for a job in the Middle East, the InterNations survey results highlight that Oman is the 9th safest place in the world. Therefore, ex-pats looking to live and work in the Middle East must choose Oman. Here are the top five reasons to work in Oman. Read on!

1.    Ideal Location in the Middle East

Oman has a strategic location within the Middle East, providing convenient connectivity to countries in the MENA region, Asia, Africa, and Europe via road networks and air transportation services. You can visit the UAE, Saudi Arabia, and other countries within a few hours from Oman.

Because Oman has excellent connectivity to a holiday destination in the MENA region and Asia-pacific countries, it is a perfect place for ex-pats to live and work in the Middle East.

2.    Lots of Job Opportunities

A wide range of job opportunities is another reason we recommend Oman for ex-pats to live and work in the Middle East. Oman is one of the wealthiest countries in the MENA region, with its wealth coming from its oil reserves.

However, various industries are operating in Oman with hundreds of companies, including startups, small-medium enterprises, and giant corporations. These companies seek qualified, experienced, skilled professionals and offer high salaries.

The Omani government has substantially diversified the country’s economy by investing in numerous industries, including education, construction, tourism, healthcare, oil and gas, real estate, etc.

3.    Oman is Safe for Foreigners

According to the survey results of InterNations, Oman is the 9th safest country in the world, with low crime rates, and ideal for ex-pats and foreigners who want to move to the country with their families.

In addition, Omani people are well-behaved, polite, and friendly and will assist you in all aspects of life. The rich cultural values make Omani people hospitable and honest, so they welcome people from all over the world.

4.    Good Salaries and Affordable Living

The best reason to live and work in Oman is the high salaries paid by companies and affordable cost of living. Oman is the best country when it comes to tax-free income. The cost of living in Oman is relatively cheaper than in Dubai, Abu Dhabi, Riyadh, Qatar, Jeddah, and other famous cities in the Middle East.

5.    Diverse Landscapes/Outdoor Fun

Oman has diverse landscapes and natural beauty, providing opportunities for ex-pats and foreigners to explore the natural wonders, including the never-ending golden desert, rugged mountains, and gorgeously beautiful beaches.

Some outdoor activities you can enjoy in Oman with your family are off-road excursions, kite surfing, paddle boarding, hiking, scuba diving, snorkeling, desert camping, and much more.

Final Words

There are plenty of reasons to live and work in Oman. However, these are the top five reasons to move to Oman with your family, start a career, achieve financial goals, and live a happier life. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.

How to Start a Business in Oman

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Do you want to start a business in Oman? If yes, you must read this post to know the step-by-step process of registering your company!

How to Start a Business in Oman

Starting a business in Oman offers various benefits, such as financial freedom, pursuing your purpose and passion, a flexible work schedule, access to investors, and living a happier and prosperous life.

However, starting a business in this country requires careful planning and preparation. Today’s article will give tips on registering and starting your company in Oman. Read on!

Understand Business Types

Registering your company in Oman requires a step-by-step approach. The first thing to consider is selecting a structure for your business, and this requires you to know the types of companies you can operate in Oman.

These include general partnership, sole proprietorship, joint venture company, limited partnership, joint stock company, branch office, holding company, and representative office. Choose a business structure that best fits your needs.

Register Your Company

Once you have decided on the business structure, it is time to register your company by applying to the MCI. It stands for the Ministry of Commerce & Industry. The purpose is to register or reserve a unique name for your business. It is the fundamental requirement for businesspeople to start and operate a company in Oman. So, make sure you follow the law!

Prepare all documents because they play a critical role in streamlining the registration process. Once the authorities approve your business name, you can draft the shareholder documents and obtain the authorized signatory, constitutive contract, and bank certificate. You must submit these documents to the MCI.

Choose an Ideal Location

Selecting an ideal location for your business is a critical step to consider in Oman. It allows you to reach your target audience, promote your products or services, sell more, and increase profits.

The good news is that Oman has dedicated business zones based on companies’ budgets. So, evaluate your budget and decide on the location for your business to ensure everything goes smoothly and you generate more sales.

Get Necessary Licenses

You will need a few government licenses or approvals depending on your business type, size, products, services, and activities. These include tax registration documents, registration with the Oman Police, municipality license, industrial or environmental permits, visa requirements for labor clearances by registering with the Ministry of Labor, and import and export license.

Open a Bank Account

A bank account is an essential requirement for running a business in Oman. Instead of opening a personal account, we recommend a business bank account to streamline your financial operations related to your company.

Maintain optimal relationships with banking professionals to achieve in-depth market research regarding financial products or services. Open a capital account to deposit your business’s initial incorporate fee.

You can also apply for bank loans to expand your business in Oman. However, this requires careful assessment and data-driven analysis. We recommend hiring a financial advisor if your budget allows you to optimize the entire process.

Final Words

Starting a business in Oman can help you achieve your entrepreneurial goals and financial stability. Thanks to the business-friendly ecosystem and access to investment or resources, it is a wealthy country with state-of-the-art opportunities for businesspeople. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.

Top 10 Largest Employers in Oman

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Do you want to know about Oman’s largest employers or companies? If yes, you are in the right place. Here is what you need to know!

Top 10 Largest Employers in Oman

Oman is one of the wealthiest countries in the Middle East and the world, with rich oil and gas reserves and successful socioeconomic development. Today’s article will list the top ten largest employers in Oman. Read on!

1. Oman Air

Oman Air is one of the largest and most profitable companies in the Sultanate of Oman. It carried more than eight million passengers in 2017. Oman Air’s fleet has three Boeing 787-8, six Airbus 330 and 300s, five Boeing 787-9 Dreamliner, four Airbus 330 and 200s, 21 Boeing 737-800, four Embraer 175s, and three 737 MAX.

2. The Zubair Automotive Group

The Zubair Automotive Group is one of the leading trading companies in Oman. The muscat-based company was established by Mohammed Al Zubair about 50 years ago. It trades in electronic equipment, tools, building materials, and other products and services.

3. Petroleum Development Oman

Petroleum Development Oman, also known as PDO, is one of the best exploration and production companies in Oman. The company accounts for over 70% of Oman’s crude oil production. It also supplies natural gas to various countries in the region.

4. Oman Telecommunication

Oman Telecommunication is a leading technology provider in Oman, offering fixed broadband, voice services, mobile services, and enterprise data services. The total number of subscribers of Oman Telecommunications is more than 3.9 million, making it the most profitable company.

5. Sohar Aluminum

Sohar Aluminum is a greenfield smelter and one of Oman’s largest non-hydrocarbon companies. The company produces more than 400,000 tons of aluminum and hot metal. The company also owns a 1,000-megawatt power plant.

6. Bank Muscat

Bank Muscat is Oman’s leading investment and commercial and financial institution with an extensive network of 169 branches. It has branches in Kuwait, Saudi Arabia, UAE, Iran, and Singapore. Bank Muscat offers innovative products and services to individuals and businesses.

7. National Bank of Oman

The National Bank of Oman is one of the oldest institutions and the first local bank in the country. Founded in 1973, the National Bank of Oman has played a significant role in providing Islamic banking, personal banking, investment banking, and personal banking. It has more than 60 branches in the country and offices in the UAE and other MENA region countries.

8. Saud Bahwan Group

Saud Bahwan Group distributes automotive, heavy vehicles, and construction tools and equipment. The company is profitable in Oman because it carries out versatile projects, including civic and municipal services, oil and gas projects, real estate development, and transportation.

9. Al Maha Petroleum

Al Maha Petroleum is one of the largest companies in Oman, operating a network of oil and gas stations throughout the country. It also offers auto services, aircraft refueling, and smart-card services. The company operates more than 200 service stations in Oman.

10.Oman LNG

Lastly, Oman LNG produces and sells liquefied natural gas and related products. It has three liquefaction trains in Qalhat near Sur that produce more than ten million tons per annum. The company produced ten million tons of LNG in 2021.

Final Words

Oman is one of the wealthiest countries in the Middle East. It has a thriving socioeconomic development, industrial growth, and a stable economy. These are the top ten largest employers in Oman. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.

Best Startups in Oman

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Are you looking for the best startups in Oman? If yes, you have landed on the right page. Check out this post to get the list and essential details!

Best Startups in Oman

The Sultanate of Oman has established business-friendly policies for locals and ex-pats to invest in or start companies. Startups play a critical role in the country’s economy. Because Oman has a diverse population with ex-pats from all around the world, the country has seen extensive growth in startup companies. Today’s article will list the best startups in Oman. Read on!

Alatool Muscat

Alatool Muscat has been in the business for more than ten years. It has revolutionized the eCommerce industry in Oman, providing people with an innovative purchasing system.

The startup provides new deals to subscribers and ensures they have an opportunity to buy different products or services based on their needs at the most affordable prices. In addition, the startup has more than 90,000 subscribers in Oman.

Genesis International, LLC

Genesis International LLC has been in the business since 2012. Qais Al Khonji, a famous Omani entrepreneur, is the founder and CEO of Genesis International. The company operates in various industries and helps businesses achieve their goals.

It carries out various projects, including electricity production from solar energy, and distributed energy resources to companies across the country. The startup has also invested in “SMART City,” a project that will automate payment processes.

ISO Catalyst

ISO Catalyst is a startup company in Oman that works with small, medium enterprises, and large corporations to obtain ISO certifications. It has a team of professionals with expertise in auditing, consultancy, assessment, etc.

The startup helps companies meet industrial needs and obtain ISO certifications from renowned organizations. A team of 45 qualified professionals with expertise in different domains assists companies complete HACCP requirements or ISO 9001 standards.

Click For Meal

Click For Meal is another startup company in Oman. It has been in the business for more than ten years, providing the Omani community with innovative restaurant delivery services.

Click For Meal is an online portal with an intuitive user interface that lets people search for and select their favorite restaurants and cafes in the local area and order food. The company provides its customers with diverse cuisines, from Omani to Arabian food to Italian, Chinese, and Mexican cuisines.

KI-BROS Productions

KI-BROS Productions is a startup company in Oman that produces premium-quality content for individuals and businesses operating in the local market. It has a team of qualified, experienced, and professional artists, screenwriters, and editors who develop graphic-rich content, video content, and gamification-based interfaces to help businesses drive more customers.

Moreover, the KI-BROS team has collaborated with local TV channels to produce programs and shows for children. Most of these programs are educational and aim to develop children’s creative skills.

Final Words

Startups are critical in improving a country’s overall socioeconomic development and financial stability. Oman has a diversified population, meaning the number of startups has increased and provided unique services to residents and businesses. However, these are the best startups in Oman that offer the community valuable products and services. Until Next Time!

  • Article based on personal opinion, experience and research.
  • Photos from Unsplash & canva.