Saudization: 20,000 Riyal fine for each expat working in gold sector

News Network
November 29, 2017

Jeddah, Nov 29: Gold and jewelry shops that employ foreigners will be asked to pay a fine of Saudi Riyal 20,000 (around Rs 3.5 lakh) for each expat worker after Dec 3 when 100% Saudization of the sector comes into force.

The ministry also intends to appoint permanent inspectors in every market and mall to conduct surprise inspections and punish violators of the Saudization law.

Khaled Aba Al-Khail, spokesman of the Ministry of Labor and Social Development, said field inspectors will track down violators and impose fines after the Dec. 3 deadline.

However, members of the precious metal and stone committee at the Council of Saudi Chambers have expressed their reservation over the success of Saudization in the sector.

“We need to fight tasattur or cover-up business to make Saudization successful,” said Abdul Mohsen Al-Namir, a member of the committee, referring to jewelry shops run by expats in the name of Saudis.

There are more than 6,000 gold and jewelry shops in the Kingdom that employ about 25,000 workers including expatriates. Some of them are owned by foreign investors.

“The success of Saudization depends on the success of fighting corruption. Many owners of gold and jewelry shops and showrooms are foreigners,” Al-Namir told Al-Madina Arabic newspaper.

“Many of the shops are in the name of Saudis but they are actually owned by expats. Some foreigners have entered into partnership business with Saudis,” he explained.

Al-Namir also spoke about the possibility of accommodating Saudis involved in tasattur business as investors.

He asked the ministry to study the reasons for the failure of Saudization and give shops enough time to deal with the reasons that have prevented 100 percent Saudization of the sector for the last 16 years.

“At present Saudization rate in the sector does not exceed 50 percent,” he pointed out.

Abdul Ghani Al-Muhanna, another member of the committee, expressed hope that the ministry’s full-scale Saudization will lead to saving the sector from tasattur (cover-up) business.

“The decline in the number of Saudi employees in the sector is really a matter of deep concern,” he said told Al-Madina newspaper.

He said expatriates were purposely trying to keep Saudis away from the sector to maintain their dominance.

Saudi employees in the sector are forced to work long hours affecting their social and family commitments, Al-Muhanna said.

“Many Saudis receive low salaries which has forced them to leave their jobs at gold and jewelry showrooms,” he pointed out.
 

Comments

Althaf
 - 
Wednesday, 29 Nov 2017

Acche din for saudis. 

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
August 9,2020

Bengaluru, Aug 9: A youth was killed and three others injured as a pillar of an old temple on the outskirts of Bengaluru fell on them as they and five others dug under it in search of treasure, police said on Saturday.

"One treasure hunter got crushed under a pillar, three suffered injuries and have been hospitalised while five are on the run," a police official said.

The incident occurred at a centuries-old Anjaneya temple in Hindiganala village near Hoskote, around 50 km away from the city, on Thursday night.

Suresh, 23, got crushed to death while Manjunath, 23, Srinivas, 22, and Sebastian Raja Rathna, 22, were injured.

Following the unexpected accident, the injured treasure hunters called a 108 ambulance, leading to the entire incident coming to light.

The ambulance staff helped the youth stuck under the temple pillars and took them to hospital.

Police have registered a case under various sections of the Ancient Monuments Act, the Karnataka Treasure Trove Act, and the Indian Penal Code.

According to the official, local youth the village as well as a nearby village were involved in the hunt.

Police are on the lookout for the five treasure hunters on the run.

However, the police official said that it was an old ruined temple and there was nothing there.

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
April 16,2020

Bengaluru, Apr 16: Special Investigating Team (SIT), headed by Joint Commissioner of Police (Crime), Sandeep Patil, subjected former underworld don turned social activist Muthappa Rai in connection with gangster and underworld don Ravi Poojary's criminal cases.

Sandeep Patil, Joint Commissioner of Police (Crime) said that the Assistant Commissioner of Police, Venugopal and police inspector Bulletin have questioned Rai in his house for more than two hours about Ravi Poojary case.

Muthappa Rai was allegedly one of the accused in builder Subbaraju murder case. They both were allegedly close in the initial days and they were like a team, said a senior officer. So Rai was questioned about their connection. Rai, who reformed himself many years ago, is into business and social service at present.

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
January 21,2020

Kochi, Jan 21: Eight tourists from Kerala were found dead in a resort at Daman in Makwanpur district of Nepal, reports said. The dead include a couple and four minor children.

The deceased were identified as Praveen Kumar Nair (39), Saranya (34), Ranjith Kumar T.B (39), Indu Ranjith (34), Sreebhadra (9), Abhinav Soorya (9), Abhi Nair (7) and Vaishnav Ranjith (2).

The deceased are from Chengottukonam in Thiruvananthapuram and Kundamangalam in Kozhikode. Praveen, a travel enthusiast hailing from Chengottukonam, went on the Nepal trip with his wife, three children and friends from Kochi, last week.

 “They were using a gas heater in the room. Suffocation might have caused their death,” said superintendent of police Sushil Singh Rathore of the District Police Office in Makwanpur, news agencies reported.

According to newspaper reports here, the deaths occurred at a resort named Everest Panorama. They were airlifted to HAMS hospital where they were pronounced dead on arrival, superintendent of police Sushil Singh Rathaur said.

They were part of a group of 15 people travelling from Kerala to Pokhara, a popular mountain tourist destination, The Himalayan Times reported.

They were on their way back home and stayed at Everest Panorama resort in Daman in Makawanpur district on Monday night.

The tourists are suspected to have died of asphyxiation after turning on the gas heater and shutting all the windows to keep warm.  Hotel staff opened the room using duplicate keys as there was no response from the rooms when the other members of the group went to check on them.

According to the manager of the resort, the guests stayed in a room and turned on a gas heater to keep themselves warm. Although they had booked a total of four suites, eight of them stayed in a room, the manager said, adding that all the windows and the door of the room were bolted from inside.

“All arrangements have been made to bring the bodies to Kerala at the earliest. The Union government is coordinating with the Indian Embassy in Nepal. A doctor from the Indian embassy will be present during the post mortem. Other members of the group are being brought to Kathmandu by road,” said Union minister V Muraleedharan.

Chief minister Pinarayi Vijayan said that NORKA will coordinate with Nepal authorities to bring dead bodies.

 “Embassy officials are at the government hospital where a post mortem is being done. Formalities will be completed at the earliest and arrangements are in place to bring dead bodies by Wednesday evening. State government is in constant contact with Nepal authorities,” said Kadakampally Surendran, tourism minister.

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.