The majority of employers in the Gulf Cooperation Council (GCC) do not believe that the education system in the region prepares young people with the requisite skills, training and attitudes for the workplace, according to a study.
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Schools fail to equip youth with work skills, says study
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733 patents granted for GCC petchem industry in 2012
The GCC's petrochemical industry has already made significant progress in innovation with some 733 patents granted in 2012, a 36% growth year-on-year, said a senior Gulf Petrochemicals and Chemicals Association (GPCA) official.
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Nawras invests OMR80m in turbocharging programme
The last and most challenging milestone of tripling Nawras' 3G+ capacity along the Batinah coastline was completed recently, as part of the countrywide Turbocharging programme.
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Importance of SME finance schemes stressed
The Omani youth need to seize the moment by taking full advantage of a number of financing schemes that are now available for the small and medium enterprises.
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L&T MFY to deliver offshore oil platforms to Abu Dhabi
Delivering on the vision of diversifying the local economy, and bringing employment opportunities and benefits to the citizens of the Sultanate, the Sohar-based L&T Modular Fabrication Yard (MFY) has placed a keen focus on developing In-Country Value.
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Bank Muscat shareholders approve USD2bn EMTN programme
Bank Muscat shareholders yesterday granted approval for increasing the amount of the Euro Medium Term Note (EMTN) programme, as approved at the EGM in 2011, from USD800 million to USD2 billion.
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Inauguration of USD1.7bn Sohar-2, Barka-3 power plants next week
Al Batinah Power, owner of the Sohar 2 power plant, and Al Suwadi Power, owner of the Barka 3 power plant, are celebrating the official opening and first successful year of their operations in Oman.
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Omantel public offering 'will improve liquidity'
Omantel's offering of its shares will improve the liquidity as well as the market sentiment, Abdullah Salem Al Salmi, executive president of Capital Market Authority (CMA), said.
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Need to relax strict financing rules for Small and medium enterprises
More support should be provided to small and medium enterprises (SMEs) in Oman, given the fact that they add value to the national economy.
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Oman Airports Management Company floats major tender for Salalah airport lounge
Oman Airports Management Company (OAMC) has floated a major tender for procuring lounge seats at the new Salalah airport, an official at the company told Times of Oman in an interview.
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'Oman safest for business'
After a slowdown in development due to the economic crisis and the Arab Spring movement over the past five years, Muriya Tourism Development is back on track and enjoying the stability that the Sultanate of Oman offers for progress and growth.
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Salalah Rotana Resort mega resort adds to Salalah's charm
The Salalah Rotana Resort, a 400-room development set along the beach among a series of lagoon waterways, is now open to visitors, announced officials from Muriya on Tuesday at the property in Salalah.
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Alarm bells ring over diabetes upsurge in Oman
Between 12 and 15 per cent of Oman's population comprises diabetes patients, putting Sultanate on list of countries with the highest number of diabetes cases in the world.
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'Oman needs real estate price index'
Oman needs a price index for the real estate sector to track the rise and fall in the value of properties in different areas and land uses.
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Oman withdrawn from Iran's petrochemical project
Oman Oil Company has been withdrawn from a petrochemical project in Iran, the Mehr News Agency reported on March 18.
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Adam-Thumrait road project tenders opened
Tenders for the Adam-Thumrait road dualisation project (part 1 and 2) were opened at the Tender Board on Monday.
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Zawawi Gypsum commences export from its Salalah hub
Zawawi Gypsum, one of the leading mining and mineral processing companies in Oman, successfully loaded its first export consignment of gypsum from the Port of Salalah on Wednesday.
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Oman plans to privatize one more company in 2014
Oman is likely to privatize one more state company this year, after offering a minority stake in telecommunications operator Omantel, Minister for Financial Affairs Darwish Al-Balushi said.
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UAE education group expands into Oman
Al Najah Education, the owner of Horizon English School - an outstanding British curriculum school in Dubai - is entering Oman in partnership with the Muscat Overseas Group.
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Duqm-Sohar air service this year
Buoyed by the increasing demand for transportation between the capital city and Duqm and Sohar, the Ministry of Transport and Communication is all set to launch regular air services between these cities this year, according to Dr Ahmed bin Mohammed al Futaisi, Minister of Transport and Communications.
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