Tag: Oman

  • FULL LIST: World’s best countries for high earners in 2025

    FULL LIST: World’s best countries for high earners in 2025

    Choosing a career that pays well can often be the safe and smart route to financial stability, benefits, and long-term growth.

    For some people, doing what they love and earning enough to live comfortably always go hand in hand.

    A high paid job satisfies one’s basic needs and at the same time provides the key to spend the surplus in fulfilling one’s dreams like buying homes, cars and luxury lifestyle.

    A latest study by Atmos analysed countries to identify the best destinations for high earners seeking wealth optimisation.

    According to Nick Cooke, the CEO of Atmos, he explained that Gulf States consistently offer the most attractive conditions through complete tax elimination combined with strong safety records, while select European jurisdictions compete through quality of life and EU access.

    The research developed a ‘Wealth Comfort Score’ based on safety, quality of life, taxation policies, and cost of living, with countries offering investor residency programs receiving additional advantages in the rankings.

    Here are the countries below:

    Oman

    Oman ranks first as the best global destination for high earners.

    The Sultanate delivers great value through zero personal income tax, zero capital gains tax, and zero inheritance tax, creating completely tax-free conditions for affluent residents.

    With the lowest monthly living costs of just $753, Oman combines affordability with strong safety standards while also offering attractive investment visa programs that facilitate long-term residency.

    Andorra

    Andorra secures second place with its modest tax legislation.

    The principality charges just 10% on both income and capital gains while maintaining zero inheritance tax.

    With living expenses at $898 monthly and an outstanding quality of life rating, Andorra does well in public security.

    The country also provides easy residency options for wealthy foreigners, making it the best European option for high earners.

    Qatar

    Qatar takes third position. The nation imposes zero income tax and zero inheritance tax while applying a moderate 10% capital gains rate.

    Qatar sustains affordable living costs at $889 monthly while registering great safety metrics.

    Qatar also implements its Golden Visa program, offering easier routes to permanent residency for investors and high earners.

    Brunei

    Brunei ranks fourth, delivering complete tax elimination across all categories. The sultanate upholds zero income tax, zero capital gains tax, and zero inheritance tax, matching Oman’s tax-free approach.

    Brunei offers moderate monthly expenses of $801 and solid quality of life standards. The country also welcomes high-earner expatriates through special visa arrangements.

    United Arab Emirates

    The United Arab Emirates captures fifth place as yet another Gulf option for high earners.

    The federation sets zero taxes on income, capital gains, and inheritance categories while demonstrating the highest safety standards among all ranked nations.

    The UAE’s living costs are close to the study average, and the country is offering the Golden Residence program that facilitates long-term stays.

    Saudi Arabia

    Saudi Arabia holds the sixth position with a selective taxation approach.

    The kingdom provides zero income tax and zero inheritance tax while applying a 20% capital gains rate, still reasonable by international standards.

    Read Also: FULL LIST: Countries that have qualified for 2026 FIFA World Cup

    Saudi Arabia offers solid security levels for high-income residents seeking Gulf region advantages, while keeping monthly housing expenses at just $817.

    The country’s recent Premium Residency initiatives welcome affluent international professionals.

    Estonia

    Estonia ranks seventh, proving European nations can compete through innovative tax structures.

    The Baltic state charges 20% on both income and capital gains while maintaining zero inheritance tax. Monthly expenses in Estonia stand at $1,051, which is reasonable in the European context.

    The country is perfectly safe and shows excellent quality of life standards. Estonia’s digital nomad visas and startup programs especially appeal to tech-savvy high earners seeking EU access.

    Luxembourg

    Luxembourg secures eighth place as the EU’s financial hub. The grand duchy applies 42% income tax, 21% capital gains tax, and 14.4% inheritance tax.

    Living costs in Luxembourg amount to $1,263 monthly, supporting the highest quality of life among all countries studied.

    The country also runs investor residence programs that grant access to European Union benefits.

    Bahrain

    Bahrain takes ninth position, continuing the Gulf states’ dominance in the rankings.

    The island nation stands out with complete tax elimination across income, capital gains, and inheritance categories.

    Bahrain keeps housing expenses at a manageable $854 per month, while accommodating high-income individuals with a safe local environment and flexible visa policies.

    Isle of Man

    The Isle of Man completes the top 10, offering unique offshore advantages.

    The British Crown dependency charges 22% income tax while eliminating capital gains and inheritance taxes entirely.

    With living expenses of $1,214 monthly and the high quality of life scores nearly matching Luxembourg levels, the Isle of Man provides great value for wealthy individuals.

    The island ensures secure conditions while its special relationship with the UK provides additional stability for high earners seeking offshore benefits.

  • NewGlobe to showcase Nigerian Learning Success at 3rd ICESCO Education Ministers Conference in Oman

    NewGlobe to showcase Nigerian Learning Success at 3rd ICESCO Education Ministers Conference in Oman

    Nigeria’s Amina Mohammed, the Deputy Secretary-General of the United Nations and Chair of the United Nations Sustainable Development Group will co-lead the opening ceremony at the “Beyond Transforming Education”  Summit where NewGlobe, a global leader in learning and learning expert will be showcasing homegrown education transformation at scale success stories from impactful projects in Nigeria.

    On the 2nd and 3rd of October 2024, Muscat, the capital of Oman will host the 3rd ICESCO Education Ministers Conference, under the theme: “Beyond Transforming Education Summit: from Commitments to Actions,” according to the official website of ICESCO.

    The event is held by the Islamic World Educational, Scientific and Cultural Organization (ICESCO), in collaboration with Oman’s Ministry of Education and in coordination with the Omani National Commission for Education, Culture, and Science. 

    The Conference will see the attendance of education ministers from Islamic countries, along with high-level delegations from 27 regional and international organizations, as well as civil society institutions focused on educational matters.

    The Conference aims to strengthen the commitment to transforming education within ICESCO Member States, and to establish effective mechanisms for disseminating best practices and accelerating their implementation.

    Additionally, it seeks to foster cooperation among Member States, build a network linking funding and donor bodies, develop mechanisms to monitor the outcomes of the Education Transformation Summit, and create programs that support Member States’ efforts in this field. 

    The Conference will also highlight the ethical and value-based foundations underpinning education transformation in the Islamic world’s civilizational heritage.

    The Conference will feature a scientific exhibition, with participation from leading global organizations and companies in the field of education, including NewGlobe.

    NewGlobe represented by Dr. Shannon May Co-Founder and President will share insights and learnings from homegrown large-scale Nigerian education transformation solutions that NewGlobe has been a part of. 

    Partnering with State governments in Nigeria, NewGlobe is strengthening education systems in Edo (EdoBEST), Lagos (EKOEXCEL), Kwara (KwaraLEARN) and Bayelsa (BayelsaPRIME) and by extension delivering life-changing education solutions to children in urban and even hard-to-reach rural communities. 

    Read Also: World Youth Skills Day: How NewGlobe is equipping Nigeria for the future

    These states have adopted the attainment of SDG-4 as a strategy for enshrining future economic prosperity, peace and stability.

    NewGlobe partnered education programs utilize a holistic learning methodology that was the subject of a 2-year study led by 2019 Nobel Prize winning professor Michael Kremer. 

    The Kremer Study finds that NewGlobe methods deliver unequivocal major learning gains across every academic year in NewGlobe-supported schools, compared with other schools. These are particularly large in the “key grades” for Foundational Literacy and Numeracy (FLN), primary classes One and Two.

    Kremer and his co-authors found that students in early childhood years supported by NewGlobe received the equivalent of an additional year and a half of learning in two years.

    NewGlobe is uniquely positioned to support foundational literacy and numeracy growth in Nigeria, a key objective for Nigeria’s participation in the ICESCO Education Ministers Conference tagged “Beyond Transforming Education – From commitments to Actions.

    Academic sessions will also be held during the Conference, addressing key educational topics such as: perspectives on global education, multilateral partnerships for transforming education, artificial intelligence in education, green education, and education during crises and emergencies. Several executive reports and technical documents will also be reviewed and adopted.

    The Reports to be discussed include: ICESCO’s educational activities from January 2021 to July 2024, the current state of girls’ education, media literacy, outcomes of the High-Level Ministerial Meeting in London, early childhood education and care development, and ICESCO’s Charter on AI Ethics. Moreover, the technical documents to be presented include: progress on transforming education from commitments to implementation (2022-2024), green education in Member States, improving teaching quality, and adapting the Program for International Student Assessment (PISA) and digital education.

    The Conference will conclude with the adoption of the “Muscat Declaration on Transforming Education in the Islamic World” and the announcement of the date and location for the next edition of the Conference.

  • 40 Oman supporters injured in Gulf Cup celebration

    40 Oman supporters injured in Gulf Cup celebration

     

    About  40 football fans from Oman were injured on  after a glass barrier broke during celebrations following the country’s Gulf Cup win over the United Arab Emirates.

    Oman claimed the title for only the second time in the nation’s history with a 5-4 penalty shoot-out win after the game had ended scoreless after 120 minutes, Friday night

    The barrier at the Jaber International Stadium broke as Oman fans pressed against the glass during celebrations, with the team several metres below at pitch level.

    The Kuwait Football Association said on its Twitter account ‘around 40 people’ had been hospitalised for minor injuries and posted videos of some of those involved after they had received treatment.

    Wounded supporters were taken to the nearby Farwaniya Hospital to receive treatment following the incident at the 60,000-capacity stadium in Kuwait City.

    Kuwait stepped in to host the keenly contested regional tournament at the last minute after diplomatic issues between original hosts Qatar and Saudi Arabia, the UAE and Bahrain threatened this year’s competition.

    Goalkeeper Faiyz Al Rashidi was the hero for Oman as he denied UAE’s Omar Abdul Rahman twice from the spot, once in normal time and once during the shoot-out.

    Mohsin Al Khaldi then stepped up to score the winning penalty in the shootout sparking wild celebrations at the packed Jaber International stadium.

    Oman are currently ranked 89th in the world and have previously won the Gulf Cup in 2009, when they hosted the tournament.

    The current squad boasts one former Premier League player, veteran goalkeeper Ali Al-Habsi, who played for Bolton, Wigan, Brighton and Reading in England.

    Oman are managed by veteran coach Pim Verbeek who previously managed Australia and South Korea. He was formerly an assistant with UAE in 2005.

  • OPEC may include output quotas for Nigeria, Libya – Oman Oil Minister

    OPEC may include output quotas for Nigeria, Libya – Oman Oil Minister

    OPEC and other oil-producing states could set quotas on oil production for Nigeria at 1.8 million barrels per day and for Libya at one million barrels per day, Oman ’s Minister of Oil and Gas Mohammed Rumhi said Thursday.

    Later in the day, the oil and energy ministers of all the parties to the oil output cut deal between the OPEC and a group of non-cartel states will hold a meeting in Vienna to discuss the future of the accord and its potential extension.

    Ahead of the meeting, the Austrian capital hosted the session of the Joint OPEC-Non-OPEC Ministerial Monitoring Committee ( JMMC ) established to control the implementation of the accord.

    “I think they will try today to put a number for them [Libya and Nigeria], to try to get an agreement.

    “Like last [time] you remember, I think, [the quota of] Nigeria was 1.8 [million barrels per day], [and the quota of] Libya – like one million barrels per day.

    “So maybe today we will try to confirm that,” Rumhi said.

    The oil producers’ JMMC on oil output cuts has recommended to extend the deal between OPEC and non-OPEC states by nine months, the minister told reporters answering a corresponding question.

    OPEC and several non-cartel oil producers reached a deal in the Austrian capital of Vienna in 2016, agreeing to cut oil output by a total of 1.8 million barrels per day in an effort to stabilise global oil prices.

    Non-OPEC states pledged to jointly reduce oil output by 558,000 barrels per day, with Russia pledging to cut production by 300,000 barrels daily.

    In May, the deal was prolonged for nine more months, until the end of March 2018.

    Libya and Nigeria, both OPEC member states are exempted from the obligation to cut production within the deal.

    NAN

    Read Also: Budget 2018 at risk as OPEC mulls capping Nigeria’s output at 1.8m bpd

  • How my search for greener pastures in Oman landed me in  hell, says lady returnee

    How my search for greener pastures in Oman landed me in hell, says lady returnee

    Driven by unemployment, a Nigerian lady recently went to Asian country, Oman, in search of greener pastures. But she returned with a tale of woes, GBENGA ADERANTI reports.

    THERE was innocent and trusting; two attributes many would consider noble for a 26-year-old lady. But Adetutu was also naive, a weakness that was exploited by some people to subject her to untold hardship in a foreign land (Oman). Now she is living in fear of her tormentors.

    On the surface, Adetutu looks every bit a happy lady. But deep inside her, she rages with anger at the terrible experience she had in Oman, the Middle East country where she had gone in search of job.

    Jobless and without hope of getting a job any time soon, she had jumped at a touted employment opportunity in Oman because she needed to take care of not just herself but also her baby. So, it was like a prayer answered when she was told of an employment opportunity in the land of the Arabs.

    Today, she looks back at her short stay in the country with regrets. It was nothing but a journey to hell. Narrating her ugly experience in a chat with our correspondent, the Mass Communication graduate from one of the polytechnics in the South West said: “I was looking for a job when one of my neighbours told me that his sister from Egypt sent him a message on WhatsApp that her agent had asked if she had any lady that would like to work as a housemaid in Oman.

    “When the guy talked to me about it, I decided to tell my boyfriend about it. He asked me what it would cost me to get to Oman, and I told him that I was told the agent wanted the sum of N200,000, which my boyfriend paid twice.”

    It was when she got to Oman that the reality dawned on her that she had been swindled.

    “What the agent told me was not what I met there,” she said.

    “Before I left Nigeria, he told me that I would be taken care of and I would be free. But to my surprise, when I got there, it was far from that.

    “On the day we got there, because we were three girls that travelled from Nigeria, we were taken to the Middle East Sophisticated Project Manpower office where we stayed for three days before sponsors from different places came around to pick us one by one for what we were there for (house help).”

    Signs that she was in a big mess started unfolding when her supposed host rudely impounded her phone and international passport and became very hostile.

    She said: “As soon as I got to my sponsor’s house, they collected my mobile phone and my international passport and told me that I would not be able to communicate with my family members for two years, and if I must, then I would have to recharge their phone to call my mum only.”

    If the reception she got from her host was rude, the job she did the days that followed was demeaning. “I woke up daily around 5 am and would not sleep until 11 pm or midnight as I would still be busy performing all manner of house chores. I was never offered breakfast until about 4 pm. Many times, I would have to steal bread from the fridge and take it to the bathroom to eat.

    “Later, I told them to take me to the office; that I didn’t like to work with them, because they never allowed us to go out for anything. Their house was like a prison. All the gates were always locked.”

    Reprieve came her way when her hosts could no longer cope with her nagging and rebellious attitude. Adetutu was sent back to the agents’ office where she met other Nigerians with tales similar to hers.

    While her phone had been seized by her sponsors, she was fortunate to see some other girls who still had theirs. “I made use of someone’s phone to start communicating with my boyfriend, to intimate him with the situation over there,” she said, adding that it is much better to serve as a housemaid in Nigeria than to do so in Oman.

    Adetutu’s hope of returning to Nigeria got a boost when her boyfriend decided to send her a ticket. But her bid to return met a brick wall.

    “When I told them at the office that I was going back home, a guy in the office, an Egyptian named Sahid, said that if I insisted on going back home, I would not be paid my salary for three weeks, which was about N15,000. In short, I was not given my salary and my phone.

    Adetutu left for Oman with high expectations but returned flattened and devastated. She returned to Nigeria without a dime to show for her toil, but she would consider herself luckier than some other girls that travelled with her in that she was not sexually abused.

    Among the unlucky girls was one whose journey to Oman Adetutu said was facilitated by an Alhaja, who on getting to Oman worked for a Nigerian couple as a housemaid.

    Adetutu said: “The girl in question was turned into a sex machine by her male employer. To make matters worse, the male employer in question was always collecting her used menstrual pad for unknown reasons. And when the Alhaja who facilitated her journey to Oman was contacted in Nigeria, the elderly woman said there was no big deal in the way the Nigerian girl was being treated.

    “That is the height of wickedness. As a Yoruba woman, she should know that the used pads collected from her were being used for rituals.”

    Adetutu is sad that the ‘agents’ who are responsible for this heinous act still roam the streets of Nigeria free, swindling many innocent ladies in the name of giving them employment in Oman and other Middle East countries.

    Adetutu said while she has forgiven those people, it is worrisome that some parents still patronise them by supporting their female children to embark on this satanic trip in the name of looking for jobs abroad.

    She also blamed many radio presenters, especially in Ibadan, who out of ignorance, allow the “criminals to use their air time to advertise this modern slavery. I just decided to open up because there are many ladies and parents out there who still encourage their children to patronise these criminals.

  • 3.2bn people at risk of malaria globally – WHO

    3.2bn people at risk of malaria globally – WHO

    The World Health Organisation (WHO), has said that about 3.2 billion people remained at risk to malaria attack globally.

     

    This is contained in a report entitled: “Eliminating Malaria”, released on Monday on World Malaria Day, observed every year on April 25.

     

    It stated that in 2015 alone, 214 million new cases of the disease were reported in 95 countries and no fewer than 400,000 people died of malaria.

     

    The “Global Technical Strategy for Malaria 2016-2030”, approved by the World Health Assembly in 2015, calls for the elimination of local transmission of malaria in at least ten countries by 2020.

     

    WHO’s estimates showed that 21 countries were in a position to achieve this goal, including six countries in the African Region, where the burden of the disease is heaviest.

     

    It added that the efficacy of the tools that secured the gains against malaria in the early years of this century is now threatened.

     

    The WHO also said that mosquito resistance to insecticides used in nets and indoor residual spraying is growing.

     

    It also warned of parasite resistance to a component of one of the most powerful antimalarial medicines.

     

    It added that further progress against malaria will likely require new tools that do not exist today, and the further refining of new technologies.

     

    “Since the year 2000, it showed that malaria mortality rates have declined by 60 per cent globally.

     

    “It also showed that in the African Region, malaria mortality rates fell by 66 per cent among all age groups and by 71 per cent among children under five years.”

     

    The advances, it added, came through the use of core malaria control tools that have been widely deployed over the last decade:

     

    They are insecticide-treated bed-nets, indoor residual spraying, rapid diagnostic testing and artemisinin-based combination therapies.

     

    WHO, however said in 2015 for the first time, the European Medicines Agency issued a positive scientific opinion on a malaria vaccine.

     

    In 2015, it added, all countries in the European Region , for the first time, recorded zero indigenous cases of malaria, down from 90 000 cases in 1995.

     

    Outside this region, it added that eight countries reported zero cases of the disease in 2014: Argentina, Costa Rica, Iraq, Morocco, Oman, Paraguay, Sri Lanka and United Arab Emirates.

     

    Eight other countries, it added, tallied fewer than 100 indigenous malaria cases in 2014.

     

    It also added that 12 countries reported between 100 and 1000 indigenous malaria cases in 2014.

     

    WHO says vigorous leadership by the governments of affected countries is key.

     

    It said that governments must strengthen surveillance of cases to identify gaps in coverage and be prepared to take action based on the information received.

     

    It also said, as countries approach elimination, the ability to detect every infection becomes increasingly important.

     

    “Reaching the goals of the “Global Technical Strategy” will require a steep increase in global and domestic funding from 2.5 billion dollars to an estimated 8.7 billion dollars annually by 2030.

     

    “Through robust financing and political will, affected countries can speed progress towards malaria elimination and contribute to the broader development agenda as laid out in the 2030 Agenda for Sustainable Development,” the report said.

     

    NAN reports that the Global Technical Strategy for Malaria 2016-2030, launched in January, seeks to reduce the rate of new malaria cases, and malaria death rate by at least 90 per cent.

     

    Others are eliminate malaria in at least 35 countries and prevent a resurgence of malaria in all countries that are malaria-free.

  • Arab League postpones talks on regional military

    Arab League postpones talks on regional military

    A meeting of Arab defence chiefs and foreign ministers on forming a joint regional military force has been postponed for the second time in two months, the Arab League said Wednesday.

    The talks, scheduled for Thursday, were postponed on requests from Saudi Arabia, Algeria, Kuwait, Iraq, Oman, Bahrain, Qatar and the United Arab Emirates, the Cairo-based League said in a statement.

    The pan-Arab organisation did not give a reason for the delay, saying that a new date for the meeting will be set later.

    The countries were meant to endorse an agreement on creating a military force that would tackle the growing influence of hard line jihadists in the region.

    Arab defence chiefs had met twice in May and June to draft the mechanism for setting up the joint force, which was initially approved at an Arab summit held in Egypt earlier in 2015.

    In late March, Saudi Arabia and Sunni fellow Arab countries unleashed an air campaign in Yemen targeting Shiite Houthi rebels allied with Shiite Iran.

    In 1950, members of the Arab League signed a joint defence agreement, which has been rarely enforced.

  • Japan ready for Nigeria LNG Spot Cargo

    Japan, the world’s largest buyer of liquefied natural gas, is set to receive a spot cargo from Nigeria, ship-tracking data show.

    The LNG Enugu, with a capacity of about 143,000 cubic meters, is sailing to the Higashi-Ohgishima terminal south of Tokyo, according to transmissions captured by IHS Fairplay on Bloomberg.

    The vessel loaded the supercooled gas at Nigeria LNG Ltd.’s Bonny Island terminal and departed November 13, the data show, without indicating the its arrival date in Japan.

    The Higashi-Ohgishima Terminal, owned by Tokyo Electric Power Co. (9501), has a capacity of 14.28 million metric tons a year and receives long-term shipments from Indonesia, Malaysia, Qatar, Australia, Oman, Abu Dhabi, Brunei and Russia, according to data compiled by Bloomberg.

    Tepco, as the company is known, is seeking to buy one spot shipment for January and two for February, according to two people with knowledge of the matter. Asian LNG buyers typically import spot cargoes from December to March to meet peak heating and power demand during winter in the northern hemisphere.