Saudi Arabia bans foreign workers in 12 sectors; Indian expats to be affected

Agencies
February 6, 2018

New Delhi, Feb 6: In a bid to pressure companies into hiring more Saudi citizens and reduce unemployment in the country, the Kingdom of Saudi Arabia has imposed a restriction on the expatriates from working in 12 sectors.

The tighter policy has been approved by Labor Minister Ali bin Nasser al-Ghafis, a report in Prabhat Khabar said.

The new rule could potentially affect large numbers of people since about 12 million foreigners work in Saudi Arabia, doing many of the strenuous, dangerous and lower-paid jobs shunned by 20 million Saudi citizens.

The restriction is also likely to affect over 30 lakh Indians who live and work in Saudi Arabia.

Minister of Labour and Social Development will restrict working in these 12 sectors in a phased manner.

The following sectors will be restricted for hiring of expatriates from September 11, 2018:

- Car and motorbike showrooms

- Readymade clothes stores

- Home and office furniture stores

- Home appliances and kitchen utensils stores

The following sectors will be restricted for hiring of expatriates from November 9, 2018

- Electronics stores

- Watches and clocks stores

- Optics stores

The following sectors will be restricted for hiring of expatriates from January 7, 2019

- Medical equipment and supplies stores

- Building material stores

- Auto spare parts stores

- Carpet selling stores

- Sweet shops

The jobless rate among Saudis aged 15 to 24 stood at 32.6 percent last year, according to the International Labour Organisation. Saudi Arabia posted an economic contraction in 2017 for the first time in eight years due to severe austerity measures.

The new rule is a part of the ongoing economic reforms launched last year to ease joblessness among Saudis by 2020. Saudi Arabia is India's fourth largest trade partner after China, the US and the UAE.

The country is a major source of India's energy requirement as it accounts for almost one-fifth of India's crude oil requirement.

Comments

Nagesh
 - 
Tuesday, 6 Feb 2018

maybe they could sell pakodas there.

 

Hari
 - 
Tuesday, 6 Feb 2018

Why it affects only workers? What about the people who running companies or business there? Through them country getting benefit. so those people needed..!

Kumar
 - 
Tuesday, 6 Feb 2018

It will affect more to Indian economy. Indian economy bulit by arab countries money... by indian people who work in arab countries

Danish
 - 
Tuesday, 6 Feb 2018

Indirectly they are doing Swadeshi movement. many countries following the same thing.

Mohan
 - 
Tuesday, 6 Feb 2018

India should do the same for creating more job oppurtunities to Indian citizens

Ganesh
 - 
Tuesday, 6 Feb 2018

Many countries doing the same for protecting their people. Foreigners doing work their may create lack of jobs for citizens.

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News Network
June 4,2020

Bengaluru, Jun 4: Karnataka opposition leader Siddaramaiah created a flutter on Wednesday saying many disgruntled BJP leaders had met him.

"Many disgruntled BJP lawmakers have met me and, of course, expressed their displeasure," tweeted Siddaramaiah.

Congress leader Siddaramaiah''s statements assume significance as recently several reports emerged highlighting some north Karnataka legislators meeting over dinner to put pressure on Chief Minister B.S. Yediyurappa to expand the cabinet and offer them ministerial roles.

North Karnataka leaders such as Umesh V. Katti, Chitradurga MLA G. H. Thippareddy and Vijayapura MLA Basanagouda Patil Yatnal and others met over dinner.

However, the Chief Minister said he was too busy to even look at the dissidence because he is occupied with development work of the state and fighting Covid.

Siddaramaiah, the former chief minister, alleged that Yediyurappa''s son Vijayendra is functioning as a non-constitutional chief minister.

"This is true in the BJP. That dissent will continue. We are not responsible if the government collapses," he pointed out.

The Congress leader said Karnataka has stooped to the level of not being in a position to even pay salaries to its employees.

"The state was the first in economic discipline during our government. Now the government has no money to pay salaries to government employees. Not only the state but the entire country is financially bankrupt," he said.

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coastaldigest.com news network
May 27,2020

Abu Dhabi-based NMC Healthcare has reportedly received bids to sell its distribution unit and will soon be selling it to different parties.

The development comes over three months after NMC Healthcare’s founder and then-chairman B R Shetty stepped down amid allegations of massive fraud. 

The company, which recently laid off hundreds of workers, is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations. In addition, this stake sale will help the company pay off some of its debt

"There are parties who have strong interest in the distribution business. NMC will be offloading the unit soon and that also to different parties," a source said.

"The company is in the process of exploring options for NMC Trading, the group's distribution business, which it has determined to be non-core and requiring substantial levels of working capital. The process should not materially adversely impact distributors' activities, nor NMC Trading's customers," an NMC Healthcare spokeswoman said.

The UK-court has appointed Alvarez & Marsal as administrator to oversee the operations of the debt-ridden hospital operator. The healthcare firm has been caught in a whirlpool of $6.6 billion debt while its senior former high management team is under investigation for financial irregularities.

The UAE Central Bank has direct local banks to freeze all bank accounts of NMC founder BR Shetty and his family members as well as accounts of those companies where he has a stake. The Central Bank move is subsequent to a criminal complaint filed by Abu Dhabi Commercial Bank, which has the largest exposure to NMC Healthcare, amounting Dh3 billion.

As the company faces financial difficulties, Reuters reported that NMC Health delayed May staff salaries and now expects to complete making payments by the first week of June.

The spokeswoman said: "The company has been in regular dialogue with its creditor constituencies through various creditor committees, including the direct bank lenders to its NMC Trading businesses."

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News Network
June 10,2020

Bengaluru, June 10: A court in Bengaluru has ejected the bail plea of Amulya Leona Noronha, a college student who has been accused of sedition for saying “Pakistan Zindabad” at the beginning of a speech during a protest against the Citizenship Amendment Act (CAA) in the city on February 20.

The court claimed that if granted bail, the 19-year-old student of journalism and English at a Bengaluru college “may involve (herself) in similar offence which affects peace at large”.

Rejecting her bail plea, 60th additional city civil and sessions judge Vidyadhar Shirahatti said in his order, “If the petitioner is granted bail, she may abscond. Therefore, the bail petition of the petitioner is liable to be rejected.”

The police had booked Amulya under charges of sedition and promoting enmity between groups, although her friends claimed she was trying to convey a message of universal humanity by chanting zindabad in the name of all nations, including Pakistan and India.

Amulya, known for her oratory, and often invited at protests against the CAA, NRC and NPR, was arrested on the evening of February 20.

Video clips of the speech showed her chanting “Hindustan Zindabad” soon after saying “Pakistan Zindabad” and trying to tell the audience — her microphone had been taken away by then — that all nations are one in the end. She could not complete the speech; the protest was being held at Bengaluru’s Freedom Park.

Amulya’s bail plea was delayed on account of the lockdown, which came into force on March 25 — around the time hearings were due to begin in a lower court. Bengaluru police did not file a chargesheet against the student during the lockdown.

In the course of bail hearings, which began after lockdown restrictions were eased, the public prosecutor argued that Amulya was trying to incite people to create a law and order problem. The prosecutor also argued that she had earlier been accused of causing hatred and disaffection towards religion and the government established by law in India by holding a placard that stated “F##k Hindutva” during a student protest.

The prosecution argued that the student, if released, may commit similar offences since cases were already registered against her.

Defending Amulya, a friend who was part of the February 20 protest said, “Before she could complete what she wanted to say they surrounded her and grabbed the microphone. She was later placed under arrest on charges of sedition. What she was trying to say was, if we love one country it does not mean we should hate another.” Another friend said, “Please see her Facebook post of February 16, around 8 pm. Loving another country does not mean you are going against your own — this is exactly what she was trying to say (at the protest). She is promoting unity among nations…”

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