Saudi King orders to pay unpaid salaries; SR100 million to be deposited

[email protected] (ARAB NEWS)
August 8, 2016

Jeddah, Aug 8: Custodian of the Two Holy Mosques King Salman on Sunday issued a series of directives to agencies concerned to address once and for all the cases of distressed workers of companies who have contracts with the government.king web

The king directed the Minister of Labour and Social Development to take necessary measures, in coordination with the Ministry of Finance, to oblige contracting companies to pay the salaries of their employees in accordance with the government's Wage Protection Program that ensures workers' salaries are fully paid.

According to sabq.org, the directive is for the government not to release what it owes those companies unless the Labor Ministry confirms that the companies have paid on time what they owe their employees.

The king's directives comes amid increasing complaints by workers that they have not been paid their salaries for months. Construction giant Saudi Oger, for one, has been the subject of complaints by thousands of its workers for not paying their salaries for the past nine months.

The issue came to a head when hundreds of expatriate workers of the company marched on the streets in Jeddah to air their grievances, saying that Saudi Oger management has simply ignored them.

Accomodation, exit visas

In one of his directives on Sunday, King Salman authorized the labor minister to also immediately address the housing and accommodation services of the distressed workers by contracting with companies that provide such services.

While the government of India and the Philippines as well as their communities in the kingdom have rallied behind their compatriots at Saudi Oger by providing them food, those of other nationalities have reportedly not gotten the same attention.

According to the king's directive, the cost of these services for the distressed workers are to be deducted from the employers' receivables from the government.

The king also commissioned the labor minister to coordinate with the Saudi Arabian airlines to transport foreign workers who wish to return to their countries and to charge the cost to their employers. The labor minister is also authorized to contract with legal consultancy agencies to pursue the financial claims of the workers in local courts.

In the case of workers in distress who wish to leave the kingdom, the king directed the Passport Department to facilitate issuance of final exit visas in coordination with the Foreign Ministry and relevant agencies.

SR100 million fund

An amount of SR100 million is to be deposited in the Saudi Arab Fund account for use to fulfill the king's orders. The fund is to be under the disposal of the labor minister, who will provide the Ministry of Finance with all details of the expenditures and the amounts spent. The Finance Ministry will then deduct the spent amounts from the floundering companies' accounts.

The king also instructed the labor minister to meet with representatives of countries concerned to discuss the issue of unpaid salaries and to explain the steps taken by the kingdom to address such issues.

“King Salman also directed labor minister to coordinate with the minister of culture and information to highlight the kingdom's efforts aimed at ending the suffering of the distressed workers especially the Indian and the Filipino workers and to ensure that this case was a mere individual mishap by one company and the number of affected workers is insignificant compared with the millions of other expats who are working in the public and he private sectors in KSA,” Sabq.org said.

Comments

Mohammed SS
 - 
Tuesday, 9 Aug 2016

This is a true quality and nature of blood, there is no Gangasara and energy of Haram mixed with their blood like our Indian Bakwas ministers, long live KSA and King Salman for the prompt step and to prove that your country is a safest and peaceful in the world

Fairman
 - 
Monday, 8 Aug 2016

Dear Dombiah,

Please don't play dombarata.

Coastal Digest may pro-Saudi. But it is not anti national.

Though pockets of unrest here, Still Saudi is the safest and peaceful place to live on.

God bless KSA

Abdul Latif
 - 
Monday, 8 Aug 2016

Generosity...Al Hamdulillah

Irfan
 - 
Monday, 8 Aug 2016

May Allah bless kingdom and the King Salman for his kind gesture.
Even our Govt also did amazing job by reaching out to those hard working people.

Rikaz
 - 
Monday, 8 Aug 2016

Good job His Royal Highness! May Allah help you.....you are just doing exactly what is said in the Holy Book of Quran....

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News Network
January 15,2020

Bengaluru, Jan 15: The Indian startups secured 12.7 billion in funding last year -- a 15% growth compared to 2018 - and Bengaluru startup community topped the list, with securing $5.3 billion across 267 deals, a new report said on Tuesday.

In total, the Indian startups attracted 766 deals in 2019, taking total deal count between 2014-2019 to 5,011, said DataLabs by Inc42 in its annual startup funding report.

Sequoia took the top spot as the most active VC in 2019 with 53 deals, followed by Accel that participated in 38 deals. Blume Ventures, Matrix Partners and Tiger Global were in the top five VCs in 2019.

"The Indian startup economy is entering new decade with over $58 billion in fundraising and 2,984 funded startups between 2014-2019," the findings showed.

With an average of $21 million, the ticket size value of funding increased by 15% in 2019.

Ecommerce and fintech -- with $2.6 billion funding each -- took the top slot with 93 deals and 125 deals, respectively.

"Ecommerce continued to remain at the top by the end of 2019. The growing investor confidence towards sub-sectors such as vertical ecommerce, social commerce and private label businesses is one major factor for ecommerce maintaining its lead," a DataLabs spokesperson said in a statement.

According to the estimates, the funding amount and deal count in 2020 will be around $12.6 billion at a 1% decline from 2019.

"Nevertheless, the investment activity is expected to rise in 2021," said the report.

The data suggests that 2019 had lowest number of startups funded (664) in the last five years, with seed-stage funding deals dropping by 53%, compared to 2016.

With $252 million in funding, seed-stage deal value fell by 44% (compared to 2018) as only 306 seed funding deals were recorded, the report said.

The enterprise tech had a blockbuster year with total funding of $1.15 billion across 114 deals in 2019. The sector recorded a 49% surge in total funding amount, compared to 2018.

The Indian startup economy saw 275 unique VCs participating in funding in 2019, said the report.

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News Network
March 27,2020

Mangaluru, Mar 27: Nine throat swab samples that were sent for testing of the coronavirus, have been declared as negative while samples of four more persons are currently being tested, official sources said on Friday.

Dakshina Kannada Deputy Commissioner Sindhu B. Rupesh said that 2,902 people are under home quarantine in the district as of today while three were admitted to hospitals for observation.

Around 38,051 people have been inspected, so far, here in this district.

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