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FINANCIAL NEWS
Saudi Arabia plans to limit guest workers to 20%
22 Oct 2011
(MENAFN) Saudi Arabia’s Labor Ministry unveiled a plan to lower the ceiling on the kingdom’s guest workers to 20 percent, in a bid to help find jobs for nationals, Arab News reported.
The new plan will force up to three million expat workers to leave Saudi Arabia over the next few years.
Earlier this month, the kingdom’s government said it will begin to pay unemployment benefits for the first time from November.
The government will also seek to encourage the hiring of more Saudi nationals in the private sector starting next year.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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