Oman Introduces New Savings Scheme To Protect Expat Workers’ End-Of-Service Benefits

Employers must contribute 9% of basic salaries under new end-of-service savings scheme Dubai: Oman has introduced a mandatory savings scheme for expatriate workers, requiring employers to contribute 9 per cent of their monthly basic salaries to a government-regulated fund from July 19, 2027, in a major reform aimed at protecting end-of-service benefits and strengthening financial security. The new Provident Fund…