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.

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
June 4,2020

New Delhi, Jun 4: The Supreme Court on Wednesday sought response from Prajwal Revanna, the grandson of former Prime Minister HD Deve Gowda, on a plea challenging his election in 2019 from Hassan Lok Sabha constituency as a joint candidate of the Janata Dal Secular and the Congress.

A bench of Chief Justice SA Bobde and Justices AS Bopanna and Hrishiksh Roy issued notice to the returned candidate from the high-profile constituency on an appeal challenging the Karnataka High Court's order by which an election petition against his win was dismissed.

In the proceedings held through video-conferencing, the top court issued notice and tagged the appeal filed by G Devarajegowda for hearing with other similar pending plea filed by the BJP candidate on the issue.

Mr Devarajegowda in the plea said that his election petition was dismissed by the High Court on "procedural irregularities". The plea said that Mr Prajwal had resorted to unfair and corrupt practices and his election should be set aside.

It said the High Court did not consider the fact that by dismissing the election petition, it was running a risk of having a representative in parliament who has not got the maximum number of valid votes.

The petitioner, an advocate by profession, sought a declaration of rival BJP candidate, A Manju, as the winner for having secured the maximum number of valid votes.

A separate appeal was earlier filed by Mr Manju against the High Court order and the top court had already issued notice to the retuned candidate on that.

Mr Manju had challenged the 2019 election of Mr Prajwal on the ground that there was allegedly non-disclosure of assets held by him in his election affidavit.

Mr Prajwal was declared winner with 6,76,606 votes. Mr Manju came first runner-up with 5,35,282 votes.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 26,2020

Bengaluru, Jul 26: Today, one of the Co-founders of Infosys, SD Shibulal announced that over the last three days (22nd - 24th July) his family members have sold a portion of (representing approximately 0.20 per cent of the paid-up equity share capital) their holding in Infosys Ltd on the stock exchanges.

Proceeds from the partial stake monetization will be utilized for a combination of philanthropic and investment activities.

The sale was executed by Citigroup Global Markets India Private Limited as the Sole Broker.

The Founders, have served Infosys in various capacities, since its inception in 1981 until October 2014. Over the three decades, the Founders have nurtured the company transforming it into one of the professionally run companies in India with a global presence.

This press release is for information purposes only and is not an offer to sell, or a solicitation of an offer to buy, any of the shares described herein. The shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or in any state or other jurisdiction of the United States.

Securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the US Securities Act. 

There has not been and there will not be any public offering of the shares in the United States.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 29,2020

Mangaluru, Mar 29: Dakshina Kannada Co-operative Milk Producers’ Union Limited in a statement announced that their milk collection centres across Dakshina Kannada and Udupi districts will be closed on March 29 and 30.

Due to a shortage of storage space with them, the Union has decided to stop collecting milk on these two days, according to the statement issued here on Saturday.

The sale/retail of milk and milk products won’t be affected in these two days.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.