More Saudization to yield more work visas

June 9, 2014

Jeddah, Jun 9: The Labor Ministry announced Sunday that it would allow firms in the high and medium green categories of Nitaqat to recruit foreign workers required for the expansion of their business activities.

Work visasHowever, the same privilege will not be available for companies in the lower green, yellow and red categories. “We have clearly mentioned the categories of companies that would benefit from this service,” said Labor Minister Adel Fakeih.

He said companies would be given visas as per their requirements and in line with recruitment conditions, but their status should not decline to lower green as a result of the new recruitment, he said on his Twitter account.

Ziyad Al-Bassam, vice chairman of the Jeddah Chamber of Commerce and Industry (JCCI), said the decision would have limited impact on the labor market as it addresses only those companies that have fulfilled Saudization conditions.

“The real estate sector will be the major beneficiary of this decision,” Al-Bassam told Arab News. It will also benefit tourism companies that have entered the higher green category, he added.

Abdullah Marae Binmahfouz, a member of the JCCI board, said he had requested the minister to allow companies in the lower green and yellow categories to benefit from the service to help them expand their activities. “This is a positive step,” he said while urging the ministry to ease recruitment procedures to boost the market as well as the economy.

“We have made remarkable headway in Saudization, which is a continuing process and will not be limited to a specific time,” he explained.

Abdullah Al-Sharief, an HR expert, said the decision would benefit only a few companies.

He urged the ministry and labor offices to speed up recruitment procedures to meet manpower requirements of various projects.

He also requested the minister to allow sectors such as handicrafts, where Saudization was not successful in the past, to recruit foreign workers.

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News Network
April 26,2020

Dubai, Apr 26: Saudi Arabia reported 1223 new cases of coronavirus, bringing the total number of infections in the country to 17522, the Ministry of Health announced on Sunday (April 26).

Meanwhile, the ministry reported 142 recoveries today, with total recoveries in the kingdom at 2357. There are 115 cases in intensive care.

The ministry also confirmed 3 deaths, bringing the total number of deaths in the kingdom to 139.

Saudi King Salman Bin Abdul Aziz has ordered the partial lifting of a curfew imposed due to the new coronavirus across the country while keeping a 24-hour lockdown in the holy city of Mecca, the Saudi news agency SPA reported Sunday. The partial lifting of the restriction started Sunday from 9am until 5pm and will continue until May 14, the agency added.

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News Network
April 16,2020

Dubai, Apr 16: Saudi Arabia reported 518 new cases of coronavirus, bringing the total number of infections in the country to 6380, the Ministry of Health announced on Thursday.

According to the ministry of health, the number of recoveries today were 59, making total of recoveries in the kingdom 990, with 71 critical cases in intensive care.

The ministry also confirmed 4 deaths, bringing the total number of deaths in the kingdom to 83.

Saudi Arabia imposed a 24-hour curfew and lockdown on the cities of Riyadh, Tabuk, Dammam, Dhahran and Hofuf and throughout the governorates of Jeddah, Taif, Qatif and Khobar. This week the curfew was extended until further notice by king Salman

Overall, Saudi Arabia has reported one of the lowest rates of infections in the region, with around 6000 cases in a population of over 30 million.

Private sector support

Saudi Arabia has allocated SR50 billion (Dhs49 billion)to support the private sector as part of its package of initiatives approved by King Salman on Wednesday aimed at mitigating economic repercussions from the coronavirus disease (COVID-19).

The package targets small and medium-sized enterprises (SMEs) and economic activities that have been most affected by the pandemic.

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News Network
May 20,2020

Cairo, May 20: A senior Kuwaiti lawmaker has called for imposing a tax on expatriates’ remittances to shore up the country’s finances.

MP Khalil Al Saleh, the head of the parliament’s Human Resources Committee, has presented a draft law on the proposed tax to the legislature.

“Imposing fees on expatriates’ transfers will have a role in improving the state's revenues and diversify sources of income,” he told Al Rai newspaper.

Migrant workers transfer about 4.2 billion dinars annually from Kuwait, he added, citing figures from Kuwait’s Central Bank.

“This system is in effect in most countries of the world and in more than one Gulf country. Expats there have not objected to it. Allowing this money to exit the country is very dangerous and has a direct effect on economy,” MP Al Saleh said.

“We do not target brotherly expats because imposing symbolic fees on financial transfers will not affect their money, but will have a positive effect on the state’s sources,” he said. “This has become a necessity after the money transferred outside Kuwait has reached 4.2 billion dinars annually without the state [Kuwait] making any benefit from this.”

Foreign workers make up 3.3 million of Kuwait’s 4.6 million population.

Several Kuwaiti public figures have recently pushed for redrawing the demographic imbalance in the country, accusing expatriates of straining health facilities and increasing the Covid-19 threat.

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