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Max |
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40°C |
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Min |
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30°C |
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Sunrise |
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05 : 30 AM |
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Sunset |
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06 : 30 PM |
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Humidity |
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50 to 80 per cent |
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Fajar |
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04:02 am |
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Dhuhr |
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12:08 pm |
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Asar |
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03:31 pm |
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Magrib |
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06:46 pm |
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Isha |
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08:04 pm |
- Oil Price
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Price in RO
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24ct / gm |
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17.99 |
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22ct / gm |
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17.55 |
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Forex Rates vs R01
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US Dollar |
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2.59 |
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Euro |
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2.02 |
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Pound |
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1.71 |
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Indian Rs. |
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142.40 |
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Pak Rs. |
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255.91 |
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Bangla Taka |
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201.79 |
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Muscat: Guided by His Majesty Sultan Qaboos bin Said's Royal Speech at the Council of Oman for enhancing the contribution of the private sector in the march towards comprehensive development and encouraging Omani youths to work at its establishments, the Council of Ministers decided to approve the proposal for raising the minimum gross salary for an Omani working in the private sector to OMR325.
This applies with effect from July 1, 2013. The Ministry of Manpower will issue the decision implementing this. Meanwhile, the Council of Ministers studied a number of important economic and social topics during the meeting yesterday, arriving at a number of decisions that serve the needs of the country at this stage namely:
The Council of Ministers hailed the fruitful and constructive outcomes of the Royal Meet-the-People-Tour of His Majesty Sultan Qaboos bin Said at Saih Al Shamikhat and His Majesty's meeting with sheikhs and dignitaries of the Governorates of Al Wusta and Dakhiliyah at the Royal Camp, as well as the wise decisions taken to enhance the comprehensive development being witnessed by the Sultanate for achieving the aspirations of the Omani youth.
The Council of Ministers affirmed that the environment has become conducive for the Omani youth to take part in the nation building process through entrepreneurship and utilisation of the available investment opportunities. It also stressed the importance of cooperation by all the respective departments in the State to facilitate the implementation of the approved decisions.
As for the increase in the number of the expatriate manpower, the Council took executive decisions that embody the Royal Directives in relation to striking a balance between expatriate manpower and the gross population of the Sultanate, so that it does not exceed 33 per cent during the specified term. In this regard, the Council of Ministers identified a number of mechanisms, the most important of which are as follows:
Revising the Foreign Investment Law to bridge the gaps that are being exploited to attract expatriates.
Scrutinising the expatriate clearances granted to recruit foreign manpower in all the specialities to regularise the labour market.
Revising the measures taken to grant commercial registrations.
Approving new mechanisms to limit the concealed
trade phenomenon.
Delegating the Supreme Council for Planning with the task of preparing a clear plan on the existing and future job-generating projects for the citizens and defining the time-frame for the same
Other procedures that may achieve the prospective objective.
To limit the negative effects of this issue on the State's economic, social and security policies, the Council of Ministers decided to constitute a work team. This work team comprises the Supreme Council for Planning, the Ministry of Commerce and Industry, the Ministry of Manpower, the Ministry of Civil Service, the Secretariat General of the Council of Ministers, the Royal Oman Police (ROP), the Tender Board, and Oman Chamber of Commerce and Industry (OCCI). The team will raise regular reports on the progress of implementation of the mechanisms that serve this trend.
As for the existing cooperation between the government and the private sector, the Council of Ministers reviewed the outcomes of the joint action team — comprising two sides — regarding the proposed mechanisms for a number of aspects that have been highlighted during the meeting that was held at the end of December 2012.
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