Davos, The Sultanate ranked sixth in the Arab
World Competitiveness Report 2018 issued by the World Economic
Forum on its website.
The report said that the Sultanate has advanced 4 positions globally
to reach 62th place as a result of the improvement in the
macroeconomic environment, higher education, training and
The report was based on 12 factors, including education,
infrastructure, labor market dynamics, training and rehabilitation.
The reported affirmed that the Arab countries need to provide 58
million job opportunities by 2040 to maintain current job search rates,
which will require creating more jobs if they want to reduce these rates.
Source: Oman News Agency