Indian expat population in Oman down to less than a million

Workers clean after the Iftar meal during the holy month of Ramadan on May 09, 2019 in the Omani capital Muscat. (File/AFP)
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Updated 28 October 2020

Indian expat population in Oman down to less than a million

  • Foreigners make up more than 40 percent of Oman’s population of 4.6 million
  • About 25 million foreign nationals, mostly Asians, live and work in the Arab Gulf

DUBAI: There are now less than half a million Indian workers living and working in Oman by the end of the third quarter, 20 percent lower compared with the previous period last year, the country’s National Centre for Statistics and Information said.
But the 499,431 Indians still represent the biggest single bloc of expatriates in the sultanate, local daily Times of Oman reported.
Their numbers stood at 542,091 in July and decreased to 517,702 in August after the government implemented measures to reduce the expatriate population and allow more Omanis to join the workforce.
Foreigners make up more than 40 percent of Oman’s population of 4.6 million, and have played a major role in the country’s development for several decades.
About 25 million foreign nationals, mostly Asians, live and work in the Arab Gulf.
The number of Bangladeshis in Oman during the period also declined 13.9 percent to 550,471; Pakistanis down 15.7 percent to 176,550; Filipinos down 8.2 percent to 45,038; Egyptians down 8.2 percent to 31,511 and Ugandans almost halving their count to 14,099.


Bitcoin hits $19,000 for first time in 3 years

Updated 24 November 2020

Bitcoin hits $19,000 for first time in 3 years

  • The world’s most popular cryptocurrency has gained around 160 percent this year

LONDON: Bitcoin hit $19,000 on Tuesday for the first time in nearly three years and was just shy touching an all-time high of just under $20,000.
The world’s most popular cryptocurrency has gained around 160 percent this year, fueled by a demand for risk-on assets amid unprecedented fiscal and monetary stimulus, hunger for assets perceived as resistant to inflation, and expectations that cryptocurrencies would win mainstream acceptance.
Bitcoin has gained over 37 percent in November alone.