The plans announced on state media are part of Oman’s Vision 2040 aimed at diversifying the economy away from oil, which makes up the bulk of state revenues.
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“A number of jobs in the private sector will be nationalized,” the Omani labor ministry announced on Twitter on Sunday.
Sultan Haitham bin Tariq al-Said had announced plans for the constitutional change on Monday, a year after the death of his predecessor, Sultan Qaboos.
Oman’s first space satellite is expected to be launched in 2024, the country’s Minister of Transport, Communications and Information Technology has said.
The world is asking who will be the next Arab nation to make peace with Israel after the stunning announcement that both the United Arab Emirates and the Kingdom of Bahrain will be normalizing relations with the Jewish state this week at the White House. One of the leading candidates for the next ...
He is expected to meet Sultan Haitham bin Tariq Al-Said, who took power in January after Sultan Qaboos bin Said died after a half century at the helm of the Gulf country.
Speaking to Israeli foreign minister Gabi Ashkenazi, Bin Abdullah said Oman supported a “comprehensive, just and lasting peace in the Middle East” and that negotiations on an Israel-Palestine peace process needed to resume.
“The spokesman also expressed his hope that this decision would contribute to achieving comprehensive, just and lasting peace in the Middle East and in a manner that would serve the aspirations of people of the region in sustaining the pillars of security and stability and advancing the ...