Saudi: 8-year expat cap plan under review

May 26, 2014

expatsJeddah, May 26: The Labor Ministry announced Sunday that it has finalized seven new regulations, including a law that allows expats to transfer their sponsorship onto new employers without the permission of their current sponsors.

Ahmed Al-Humaidan, deputy minister for labor policies, said a working team has been appointed to conduct more studies on the draft law that restricts the stay of expats in the Kingdom in order to propose alternatives and other solutions by the first quarter of the coming Hijri year.

Many companies and employers had objected to the move restricting expats’ period of stay in the Kingdom to a maximum of eight years and discouraging them from bringing their families, saying it would negatively affect their businesses.

The new transfer of service law, which has been published on the ministry’s website (http://www.ma3an.gov.sa), insisted that it is allowed on the basis of certain conditions and should be endorsed by the labor minister.

The law said such transfers are allowed if the worker had a labor dispute with the sponsor and the latter failed to attend the two labor court sessions without any legitimate reason. In addition, judicial authorities should have proof that the sponsor deliberately tried to delay the case and that the worker should not have caused the delay.

An expat can also transfer his sponsor if the previous sponsor did not pay his salary or delayed its payment for three months continuously, provided the worker did not cause the delay.

“The condition stands if the employer was absent and could not carry out his duties because of travel, imprisonment or death, while failing to appoint an agent to take care of his firms and workers,” the law said, explaining other conditions.

Ahmed Al-Humaidan, deputy minister for labor policies, said the ministry has completed discussions on 24 labor regulations with the participation of officials, lawyers and consultants.

“We have presented the draft laws on our website to initiate discussions and allow businessmen, ordinary citizens and expat to give their opinions,” he said, adding that a number of workshops have been conducted for this purpose.

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Agencies
July 30,2020

Kuwait will allow citizens and residents to travel to and from the country, starting August 1, the government communication center tweeted on early Thursday, citing a cabinet decision.

The decision excludes residents coming from Bangladesh, Philippines, India, Sri Lanka, Pakistan, Iran, Nepal.

Last month, Kuwait announced it would partially resume commercial flights from August, but does not expect to reach full capacity until a year later, as its aviation sector gradually recovers from a suspension sparked by the Covid-19 crisis.

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News Network
May 4,2020

Dubai, May 4: An Indian salesman in the UAE has won a whopping 10 million dirhams at an Abu Dhabi draw, a media report said.

Dileep Kumar Ellikkottil Parameswaran, from Kerala’s Thrissur, works with an auto spare parts company in Ajman and earns 5,000 dirhams (USD 1,361) a month, Gulf News reported on Sunday.

Parameswaran, who won the 10 million dirhams (USD 2.7 million) prize at the Big Ticket draw in Abu Dhabi, will spend a big part of the money to repay a loan of 700,000 dirhams (USD 190,574 ), according to the report.

He said that a good part of the prize money will be spent on the education of his two children.

Parameswaran, who has been a resident of the UAE for 17 years, lives in Ajman along with his family.

Big Ticket is the largest and longest-running monthly raffle draw for cash prizes and dream luxury cars in Abu Dhabi.

A live monthly draw is organized at the Abu Dhabi International Airport on 3rd of each month.

Tickets are sold for 500 dirhams (USD 136).

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News Network
April 26,2020

Dubai, Apr 26: The Central Bank of the UAE (CBUAE) has instructed financial institutions in the country to search and freeze all bank accounts of Indian billionaire BR Shetty and his family along with those of companies where he has a stake.

The apex bank has also blacklisted several firms associated with Shetty along with their entire senior management.

In an advisory issued last week, CBUAE cited decisions of the Federal Attorney General and asked financial institutions to search and freeze any bank accounts, deposits or investments in the name of Shetty or his family members.

Financial institutions have been directed to stop transfers from these accounts and deny access to deposit boxes.

Currently in India and facing a string of charges, Shetty is the founder of NMC Health.

The heathcare provider was placed into administration by a UK court recently following an application by the Abu Dhabi Commercial Bank (ADCB) which alone has an exposure of $981 million (Dh3.6 billion).

Overall, UAE banks have a combined exposure of more than Dh8bn to NMC which owes money to Oman-based banks and financial institutions as well.

Probing credit facilities
The Central Bank has sought information about credit facilites extended to the Shettys along with details of their safe deposit boxes and the financial transfers they have made till date.

A similar advisory has been issued for NMC Healthcare and NMC Holding, based on the decision of the Head of Plenary Fund Prosecution.

The Central Bank has also blacklisted several companies associated with Shetty. Key staff members of these firms have been similarly blacklisted.

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Angry Indian
 - 
Monday, 27 Apr 2020

when you make money with good country you should not make doka to that country, first of all we indian have bad name in GCC now this will make more dought on indian hindus..

 

after BJP come to power in india,our country is acting like maron, this will only end with final WAR.

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