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