Category: Local News

Corrupt officials feel the pinch 0

Corrupt officials feel the pinch

  Corrupt officials feel the pinch 126 municipality staff suspended within 33 days after Qasabi’s takeover   Okaz/Saudi Gazette RIYADH — The disciplinary action against 126 municipal employees across the Kingdom on corruption charges comes...

SMEs comprise ‘99% of Saudi private sector’ 0

SMEs comprise ‘99% of Saudi private sector’

SMEs are absorbing some 70 percent of the country’s workforce JEDDAH: Ninety-nine percent of the Saudi private sector consists of small and medium enterprises (SMEs), the secretary-general of the National Entrepreneurship Initiative (NEI), Omar...

Saudi Arabia launches new phase of renewables plan 0

Saudi Arabia launches new phase of renewables plan

The combined generation capacity will be 1.51 gigawatts, enough to power 226,500 households The projects are expected to create more than 4,500 jobs during construction, operations and maintenance LONDON: Saudi Arabia has launched the...

126 local government employees suspended on corruption charges 0

126 local government employees suspended on corruption charges

  RIYADH – Ministry of Municipal and Rural Affairs said on Tuesday it had suspended 126 local government employees at municipalities across the kingdom on corruption charges. “They are charged with involvement in a number...

Unemployment rate of Saudis decreases 0

Unemployment rate of Saudis decreases

        Saudi Gazette report   RIYADH — The unemployment rate of Saudis decreased from 12.9% in Q3 of 2018 to 12.8% in the previous quarter, according to the General Authority for...

Saudi Arabian government to spend $27 billion on industry development plan 0

Saudi Arabian government to spend $27 billion on industry development plan

Saudi Arabia’s 2019 budget allocated $8.7 billion for the energy, industry, mining and logistics sectors Saudi Arabian government will spend $27 billion in 2019 and 2020 RIYADH: The Saudi Arabian government will spend $27...

Saudi Arabia seeks to attract $427 bln with industrial program 0

Saudi Arabia seeks to attract $427 bln with industrial program

  Riyadh — Saudi Arabia aims to attract investment worth 1.6 trillion riyals ($427 billion) through a national industrial development and logistics program, Energy Minister Khalid Al-Falih said on Saturday. He said Riyadh would announce...

Banks can’t withhold end-of-service award 0

Banks can’t withhold end-of-service award

By Saleh Al-Zahrani Okaz/Saudi Gazette JEDDAH — Banks are not allowed to withhold a Saudi client’s end-of-service award or deduct any amount from it unless there is a judicial verdict to do so, according to...

Shoura seeks details of study on raising private sector fees 0

Shoura seeks details of study on raising private sector fees

RIYADH — The Shoura Council on Wednesday sought from the Ministry of Commerce and Investment the outcome of studies to raise various fees on the private sector. The Council session, chaired by its President Abdullah...

Deal signed to localize 80,000 jobs in real estate, contracting 0

Deal signed to localize 80,000 jobs in real estate, contracting

  The deal aims to increase the Saudization rate and motivate growth in the real estate and contracting sectors JEDDAH: A memorandum of cooperation (MoC) was signed on Wednesday to localize 80,000 jobs for...

No delays in private sector’s payments, says Saudi ministry 0

No delays in private sector’s payments, says Saudi ministry

    Foreign investment in Saudi Arabia more than doubled in 2018 to reach $3.5 billion JEDDAH: Saudi Arabia’s Finance Ministry has confirmed that 97 percent of its payments for private sector contracts are...

SAMA receives requests to open digital, traditional banks 0

SAMA receives requests to open digital, traditional banks

  RIYADH — The Saudi Arabian Monetary Authority (SAMA) has received requests to open digital and traditional banks, Saudi Press Agency (SPA) reported, citing Ahmed Al-Kholifey, the central bank’s governor. SAMA is open to receiving...

Civil service ministry launches national training program for public sector employees 0

Civil service ministry launches national training program for public sector employees

  The “National Program for Rehabilitation and Training of Human Resources Personnel and Leaders in Government Agencies” which aims to expand the skills of government personnel The training program is in line with the...

Uniform code for women’s work environment launched 0

Uniform code for women’s work environment launched

RIYADH — A new initiative, launched by the Ministry of Labor and Social Development, seeks to empower women and increase their participation in the labor market and in the private sector. The Ministry launched...

Expat traders call it quits, leave Saudi tasattur partners in a legal quandary 0

Expat traders call it quits, leave Saudi tasattur partners in a legal quandary

Expat traders call it quits, leave Saudi tasattur partners in a legal quandary Shop owners in Madinah file lawsuits against Saudis seeking unpaid rents   Saudi Gazette report MADINAH — Owners of commercial buildings in...

Saudi-UAE Council launches key initiatives 0

Saudi-UAE Council launches key initiatives

ABU DHABI — The Saudi-UAE Coordination Council discussed a number of initiatives, the results of the action progress of each initiative and the desired results in its Executive Committee meeting here on Saturday. The first...

85% of Saudis prefer AI to customer service staff 0

85% of Saudis prefer AI to customer service staff

  DUBAI — New research has found that 85% of Saudi consumers prefer to receive answers to their questions and inquiries while shopping online from artificial intelligence techniques before reaching customer service staff, compared to...

Compensatory visas for trades lacking qualified Saudis — MLSD 0

Compensatory visas for trades lacking qualified Saudis — MLSD

      Okaz/Saudi Gazette RIYADH – The Ministry of Labor and Social Development has launched an initiative to issue compensatory visas to offset the shortage of Saudi workforce in certain rare specializations or...