Saudi: 60-year-old expats to be counted as 2 employees!

October 9, 2016

Taif, Oct 9: Any expatriate who is 60 years of age or above will be counted as two expat staff in the Nitaqat Saudization program, Al-Madina Arabic newspaper reported on Saturday.Nitaqat

However, expats registered as investors or academicians (professors, associate professors, assistant professors, lecturers) or working in medical profession as doctors will not be considered as two staff even though they are above 60 years of age.

But pharmacists and medical technicians will not be exempted from this decision.

The Ministry of Labor and Social Development has initiated a long-term strategy to equip Saudis to dominate the job market over the period of 25 years which started in 2010.

The unemployment rate has dropped since the implementation of the strategy and in 2015 the number of unemployed Saudis was 647,000.

The plan also included making the private sector an attractive hub for Saudi jobseekers, this led to the increase of Saudis in the private sector who exceeded 1.7 million by 2015.

The year 2015 also marked an increase in the number of employed Saudi women who increased by 21% compared to 2014. Among the domains that women increased their presence in are: Construction, training, social services, downstream industry, insurance, real estate and business, transportation, agriculture and fishing, mining, electricity, water, and gas.

Meanwhile the ministry has supported special needs people through its program “Tawafouq” and Nitaqat Plus.

The ministry has started to implement a wage protection system based on seven stages to ensure that employees get their salaries on time.

Over 7,000 establishments have been included in 2015 in the wage protection system with more to be included in the coming two stages.

To make the Saudization effective no Saudis are included in Nitaqat if their monthly wages are below SR1,500.

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Agencies
May 28,2020

Sharjah, May 28: The Ministry of Interior has warned the public against visiting wadis during bad weather conditions, including rainy seasons, to avoid the risk of getting caught in flash floods that could endanger their lives.

A video posted on its official Instagram account depicted several such incidents involving cars being swept away by floods.

The warning comes after four people were found dead this week in Sharjah's Wadi Al Helo, an area hit by floods during heavy rains that lashed the emirate, authorities said.

The National Search and Rescue Centre (NSRC) found the bodies as it conducted an operation to look for seven people who were reported missing amid the unstable weather conditions.

In a separate incident yesterday, 20 passengers of a bus that got stuck in Wadi Hatta's Umm Al Nosor area in Dubai were also rescued by police after their vehicle was swept away by floods.

The ministry urged the public to follow the directives issued for their own safety.

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News Network
May 5,2020

Abu Dhabi, May 5: The overall real GDP (gross domestic product) of the United Arab Emirates is estimated to have grown by 1.7 percent in 2019, the country’s central bank said in a statement on Monday carried by WAM.

"The UAE hydrocarbon sector is estimated to have exhibited a growth of 3.4 percent in 2019. However, non-oil activities advanced at a softer pace growing by 1.0 percent. As a result, overall real GDP is estimated by FCSA (Federal Competitiveness and Statistics Authority) to have grown by 1.7 percent in 2019," said the financial regulator in its Annual Report 2019.

"The spread of COVID-19 is expected to impact trade and supply chain movements, coupled with travel restrictions which paves way for high volatility in capital markets and commodity prices. While the outbreak is expected to negatively affect the global and domestic economies, it is still early to gauge the scale of the economic fallout," the report added.

The report noted that the higher hydrocarbon output, as well as growth in non-hydrocarbon economic activity, supported the pace of the country's overall economic growth in 2019.

"Meanwhile, the fading effect of VAT, the appreciating Dirham, lower energy prices and decline in rents pushed inflation in negative territory. However, the employment rate registered a steady rebound. Looking ahead, the economic outlook for 2020 remains uncertain owing to the COVID-19 outbreak," the report elaborated.

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Agencies
June 18,2020

Riyadh, Jun 18: Minister of Tourism Ahmed Al-Khateeb said that Saudi Arabia will resume tourist activities at the end of Shawwal (June 21) after a hiatus of more than three months due to lockdown measures imposed following the outbreak of coronavirus pandemic.

The minister made the remarks during a television interview after chairing the emergency meeting of the Arab Ministerial Council for Tourism on Wednesday. He said that the current indications are positive and that the Kingdom is ready to launch the summer program, which will be a boost for domestic tourism.

“It was revealed in a research study carried out by the Tourism Authority that 80 percent of Saudi citizens want to take advantage of domestic tourism. We will launch the domestic tourism program for the public after having made necessary coordination with the Ministry of Health and the concerned higher authorities,” he said.

Several Arab tourism ministers and officials of the relevant organizations attended the meeting, which discussed the challenges that the region’s tourism sector is facing due to the pandemic. Al-Khateeb pointed out that the Arab Ministerial Council for Tourism, headed by Saudi Arabia, held the virtual session in exceptional circumstances to discuss ways to get out of this pandemic and revitalize the tourism sector.

“Saudi Arabia has initiated a package of financial stimulus activities with a total value of more than $61 billion to protect jobs and businesses and reduce the economic burden of the crisis. The domestic tourism sector has benefited from it as one of the important economic sectors, as it covered 60 percent of salaries of Saudi employees in the private sector for a period of three months,” he added.

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