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The article discusses the recent initiatives and announcements made by the Ministry of Labour in Oman to regulate the labour market, improve work environments, and protect workers' rights. Some key points mentioned include:
1. The Wage Protection System (WPS), which has received global awards, is a model for safeguarding workers' rights and organising the labour market.
2. The Ministry is working to align educational outputs with market demands through employment-linked training and localisation initiatives across various sectors.
3. 80% of the expatriate workforce is engaged in low-skilled jobs that Omanis generally do not prefer, highlighting the need for change and encouraging economic sectors to drive sustainable development in the Sultanate.
4. The Ministry has compiled precise and structured databases that enable effective planning for development and the integration of new graduates into the labour market in alignment with market needs.
5. Financial settlements amounting to over OMR60 million have been announced as part of a package of exemptions, including waiving fines and financial dues owed to the Ministry for expired work permits.
Overall, the article suggests that the Ministry is taking proactive steps to improve the labour market in Oman, address concerns from business owners, and provide support to workers and employers alike.