Private Sectors Can Reduce Salary Upto 40 % According to New Saudi Labor Law
A Saudi ministerial decision issued on Monday allows companies in the private sector to reduce salaries by 40 per cent and allows termination of contracts owing to the economic hardships res...
May 04, 202019118Category: Saudi Arabia
Linking The Riyal Exchange With The Dollar Is A Strategic Option
The Saudi Arabian Monetary Authority (SAMA) affirmed its commitment to the policy of linking the Saudi riyal exchange rate with the US dollar as a strategic option that contributed to the growth of th...
May 05, 20201075Category: Saudi Arabia
Expert Says That Setting Up A Business In Saudi Arabia Is Now Much Easier
Setting up a business in Saudi Arabia has become much easier despite the coronavirus pandemic as the Kingdom’s temporary economic stimulus has made the process faster and cheaper than before, ac...
May 05, 2020632Category: Saudi Arabia
A Total Of 542 ‘remote’ Marriage Contracts Were Finalized In Riyadh
A total of 542 ‘remote’ marriage contracts were finalized here through “Najiz” portal since March 16 when suspension of work in courts was announced due to coronavirus outbreak...
May 05, 2020897Category: Saudi Arabia
HR Ministry: No Salary Cut Without Reduction Of Working Hours
The Ministry of Human Resources and Social Development has stressed that it is not permissible for private sector companies to reduce the worker’s wages without reducing his working hours.
&l...
May 05, 202013810Category: Saudi Arabia
MOI Announces Provisions And Penalties For Violating Coronavirus Measures
The Ministry of Interior announces strict measures and penalties against those violates precautionary measure undertaken with the concern for the health and safety of citizens and expatriates and to c...
May 06, 20201000Category: Saudi Arabia
Deaths Rate With Coronavirus In Saudi Arabia Is Very Low - MOH
Saudi Arabia’s Health Minister Dr.Tawfiq Al-Rabiah said on Wednesday that the global death rate from COVID-19 is ten times higher than that of Saudi Arabia.
In a televised address here on Wed...
May 06, 2020628Category: Saudi Arabia
SR1m Fine And 5 Years Jail For Violating Coronavirus Measures
The Ministry of Interior announced new fines and penalties of up to SR1 million, and up to five years in prison for violating precautionary measures undertaken by the competent authorities to combat c...
May 06, 20201047Category: Saudi Arabia
Pakistani Embassy In Saudi Arabia Sends Off First Batch Of Stranded Nationals
Some offices in the Saudi capital have partly returned to work on a rotation basis after the relaxation of curfew hours during Ramadan.
The curfew across Saudi Arabia was partially lifted early on ...
May 07, 2020612Category: Saudi Arabia
Saudi Arabia Doesn’t Use Oil As A Weapon - Fahad Nazer
Saudi Arabia doesn’t use oil as a weapon. This is simply not how it conducts its oil policy, said Fahad Nazer, the Spokesperson for Saudi Arabian Embassy in United States, during a radio intervi...
May 07, 2020589Category: Saudi Arabia
When Can A Company Cut Employee Salary Or End Contract?
Saudi Arabia requires private companies to fulfill a set of requirements before it can reduce an employee’s salary or terminate their contract amid the coronavirus crisis.
The Ministry of Lab...
May 07, 20202177Category: Saudi Arabia