Tuesday 30 January 2018

Saudi Arabia bans expatriates from 12 job types


Saudi Arabia has banned the kingdom’s expatriates from working in 12 occupational domains, making them available to Saudi nationals only.

The decision by Minister of Labour Ali bin Nasser al-Ghafis will take effect starting September 2018, SPA news agency reported on Sunday.


The ministerial decree’s objective was to grant Saudi men and women more job opportunities in the private sector, SPA said.

Labour ministry spokesman Khalid Abalkhail, said that the jobs mostly included sales categories; sales in watches, eyewear, medical equipment and devices, electrical and electronic appliances, auto parts, building materials, automobiles, furniture stores, and more.

He also noted that a committee will be formed to facilitate the project.

The unemployment rate in Saudi Arabia surpassed 12 percent last year as the economy grappled with the fallout from low oil prices.

The moves comes amid nationwide changes to revamp the economy by Crown Prince Mohammed bin Salman.

On Tuesday, a high-profile “anti-corruption purge” appeared to be winding down as Saudi authorities released all remaining detainees from the Ritz-Carlton hotel, after more than two months of detention on allegations of corruption.

Dozens of royal family members, ministers, and top businessmen were arrested in early November during an “anti-corruption crackdown” launched by Bin Salman. Allegations against those detained included money laundering, bribery, extorting officials.

Saudi Arabia’s Attorney General Sheikh Saud al-Mojeb said that the kingdom has seized more than $100bn in anti-corruption settlements.

The amount – SAR400bn ($106.7bn) – represented various types of assets, including real estate, commercial entities, cash and more.

The government’s Vision 2030 plan to revitalise and diversify Saudi Arabia’s oil-dependent economy has seen the kingdom introduce a value-added tax (VAT), which applies to a wide range of commodities, including food, clothes, entertainment, electronics, and telephone, water and electricity bills.

Saudi Arabia also halted state payments of water and electricity bills for royal family members.

No comments:

Post a Comment

Get more stories like this on our twitter @Abdul_Ent and facebook page @abdulkukublogspot