INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Private firms in Oman can use government evaluation system

    • The new system evaluates employees based on the quality of their performance within a certain timeframe

    • The timeframe can range from three to six months, depending on when assessments are conducted

    Oman authorities have said private-sector companies may use the new evaluation system that it is rolling out for many government employees, according to local reports.

    The system is expected to be implemented in the country from January next year, said the reports.

    A Ministry of Labor official was quoted by the reports as saying that the new system evaluates employees based on the quality of their performance within a certain timeframe.

    The timeframe can range from three to six months, said the official, depending on when assessments are conducted.

    The new evaluation program is said to differs significantly from the existing method of appraisal, which is based on work experience, an employee’s behavior, and how long he/she spends at work.

    In the new system, incentives such as bonuses, allowances, and other rewards, as well as any additional benefits, depend solely on an employee’s job performance during the period in question, said the reports.

    Elements such as creativity, productivity, and delivery of assigned work on agreed-upon deadlines will also reportedly be taken into account in the new assessment system.

    Employees who deliver good work ahead of time will be considered to have exceeded expectations. Those who finish on time have met expectations, but the staff who hands in work late would be below company expectations.

    The system is expected to affect people across a number of roles, whether they are regular employees, officials, or managers at whichever branch or department they serve.

    The new system aims to be flexible, with the ministry recommending that all bodies that adopt it carry out evaluations either one every three months, every four months, or every six months. Evaluations should be carried out at least twice a year, said the reports.