In a bid to bolster the small and medium-sized enterprises (SMEs) segment in the Sultanate of Oman, the Ministry of Labour has announced to fund a training initiative aimed at developing the country's workforce. As part of the initiative, the Ministry will cover the monthly training grant for trainees, enabling SMEs to take on new staff and provide them with valuable training.
The support provided by the Ministry will cover a 12-month period from the contract signing and will include 100 per cent of the trainees' salary. The monthly amount will vary depending on the level of education, with graduates holding a bachelor's degree receiving RO 500 per month and those with a general diploma receiving RO 300 per month.
The initiative is aimed at job seekers in various fields, with SMEs given the freedom to select trainees according to their specific requirements. To be eligible, SMEs must complete an application form, be registered with the authority or hold a business card, possess commercial registration, provide a bank statement for the last three months, and complete a service request form. Additionally, the enterprise must submit a commitment letter stating its intention to employ trainees after the completion of the training programme.
This training initiative, supported by the Ministry of Labour, is expected to provide SMEs with the opportunity to develop their workforce and improve their competitiveness in the market. It is hoped that the initiative will not only benefit SMEs but also contribute to the overall economic growth of Oman.