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HM The Sultan Visits Belgian Port of Antwerp

“Oman and Zanzibar Strengthen Bilateral Ties: Focus on Economic, Cultural, and Health Cooperation”

COMEX Global Technology Show 2024 Kicks off

HM The Sultan Arrives in Kuwait

Kuwaiti diplomat: Omani Sultan’s Kuwait visit indicative of strong ties

UAE President holds dinner banquet at Qasr Al Watan in honour of Sultan Haitham bin Tariq

UAE President receives Sultan of Oman upon arrival in UAE on state visit

Oman and UAE: Fraternal Bonds, Strategic Relations and Economic Partnership

OIA Announces Social Investment Policy, Launches “Qimam” Platform

POPS Supervisory Committee Holds First Meeting in 2024

Bank Muscat’s Sayyarati Auto Finance Option Comes with the Best Financing Facilities for Customers

“Ooredoo Oman Welcomes Khawla Al-Amiri as Chief People Officer, Reinforcing Commitment to Local Leadership Empowerment”

Bank Muscat Launches EAGLEs Programme: A Pioneering Leadership Engagement Across Branch Network

“Forging Tomorrow: A Global Imperative for Advanced AI Infrastructure”

“High-Paying Careers in Artificial Intelligence: Securing Your Future in the Evolving Job Market”

HM The Sultan Issues Two Royal Decrees

Unlocking New Horizons for Entrepreneurs: The Fourth Industrial Revolution

Royal Army of Oman Celebrates Passing Out of Officer Cadets, University Officers

HM The Sultan Offers Condolences on the Death of Kuwaiti Emir

HM The Sultan Gives Audience to Business People in India

HH Sayyid Theyazin Conveys HM The Sultan’s Greetings to Russian President

First Muscat Dialogue Sessions Begin

Oman and Switzerland Strengthen Bilateral Cooperation with Multiple Memoranda of Understanding

Empowering Coastal Women in Oman: “Mina” Project Unveiled

Information Minister Affirms Keenness to Strengthen Communication with International Media Institutions

“Oman’s Education and Innovation Drive: Sultan Haitham’s Vision”

UAE Space Agency launches National Space Academy to develop national cadres

HM The Sultan Presides over 8th Term Convening of Council of Oman

Selecting Topics Phase Launched of “Together we Make Progress” Forum

HM The Sultan Issues 2 Royal Decrees

Interior Minister visits Operations Chamber of Shura Council Elections

Omanis Cast Ballots for Shura Council’s 10th Term Membership

“Navigating Talent Challenges in Oman’s Telecom Sector”

“Bank Merger in Oman: A Human Resources Transformation Story”

Omantel’s 5G Excellence Recognized with “Samena Communications Award”

NHS scientist awarded £58,000 after being named ‘Paininarse’ on spreadsheet

‘Kill list’ | Mystery doc shows list of LinkedIn staff facing redundancy, days before HR announcement

HM The Sultan Receives Ambassadors’ Credentials

“Empowering Omani Women: A Message of Hope and Progress”

Mohammed bin Rashid opens GITEX GLOBAL

HH Sayyid Bilarab Chairs Meeting of Omani Startups’ Supervisory Committee

“Dhi Yazan bin Haitham Al Said Inaugurates Duqm Economic Forum “

Omani Woman: Clear Vision & Remarkable Achievements

“Strategies for Cultivating a Healthy and Productive Work Environment”

“Essential Reading for HR Professionals: 17 HR Books You Can’t Miss in 2023”

“Future-Proofing Your Career: Essential Skills for Tomorrow’s Job Market”

MAWARED annual book

Transformational Leadership: Inspiring Change and Achieving Excellence

“al sulaam Program (Episode four) with Dr. Aamal al bussaidi .”

“al sullam Program (Episode Two) with Dr. Ahmed Al-Ghusani.”

Nama Group and Omani Society for Human Resource Management (OSHRM) announce strategic partnership in Human Resources development

HM The Sultan Leaves Belgium

Bank Muscat Continues to Introduce Credit Cards Features to Customers

 His Majesty Sultan Haitham bin Tarik arrived in Brussels this evening, on a three-day state visit to the Kingdom of Belgium.

HRH the Crown Prince and Prime Minister meets with the Prime Minister of Mongolia

Future of wealth lies in human capital, shared prosperity: RAK Ruler

HH the Amir Visits Military Academy Sandhurst

Kuwait committed to supporting rights of people with disabilities

Saudi Arabia Initiates Second Phase of Aid to Assist Lebanese People

Launch of Experimental Scientific Rocket “Duqm-1” Postponed

Environment Authority Announces Pasture Resting Project in Dhofar Governorate

December 7, 2024

Cooling Labor Market Presents Challenges and Opportunities for Digital Roles, IT Industry Remains Strong

Significantly, digital roles continue to be in high demand worldwide. The IT industry remains the leading sector, with the strongest hiring outlook reported for the third time this year (39%). However, this represents a 7% decrease compared to the same period last year.

Following the IT industry, the energy and utilities sector reported a robust outlook (34%), while companies in communication services (22%) and consumer goods and services (22%) expressed the least optimistic hiring plans.

Economists have pointed out that recent data indicates a cooling down of the labor market, characterized by a decline in job openings and an increase in layoffs. Companies have become more cautious about hiring and are facing ongoing challenges in finding workers with the necessary skills for in-demand positions.

Despite the potential challenges ahead, talent acquisition professionals have noted a silver lining — it’s a great time to build talent pipelines.

A recent report suggests that, amidst this cooldown, recent college graduates are adjusting their expectations. Some graduates are avoiding companies and industries that are experiencing difficulties. To address this, HR leaders and executives can mitigate the situation by offering professional development and advancement opportunities.

Despite the potential challenges, talent acquisition professionals have identified a silver lining – this is an opportune time to build talent pipelines. Talent acquisition teams are planning to enhance their technology infrastructure and concentrate on improving recruitment strategies throughout the year.

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