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FINANCIAL NEWS
Saudi govt to allow short-term contracts for construction workers
08 Jul 2013
(MENAFN) Saudi Arabian government has decided to allow short-term labourer contracts from November, in order to face an expected shortage following the Kingdom’s crackdown on illegal workers, Arab News reported.
Many of the illegal labourers who left the Kingdom during the amnesty period that began in April were construction workers.
But with billions of dollars in construction underway in the country the low paid labourers are in high demand.
The construction boom includes a USD21.3 billion renovation and expansion of the Grand Mosque at Madina, a USD150 million metro network and countless housing and hotel buildings.
The paper cited sources from the industry as saying that the government has now approved three companies, comprising 13 recruitment firms, to issue workers contracts on an annual basis to allow developers to complete projects.
It will include unskilled and skilled workers and means they will be able to change jobs without having to transfer their sponsorships.
The hiring program will begin at the end of the amnesty period.
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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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