Recent news
Latest items of recent news relevant to Saudi Arabia as reported in our fortnightly newswire ‘Dernières nouvelles’.
Saudi Arabia: Further Saudization in aviation industry
New targets now apply in the private sector aviation industry …
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Saudi Arabia: Whistleblower law approved
The law is aimed at protecting individuals who come under threat of revenge, intimidation or assault for giving evidence, or for being called to give evidence, in court that exposes corporate wrongdoing …
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Saudi Arabia: Details of new RHQ tax rules
Under the Regional Headquarters program (RHQ) tax rules, entities established in Saudi Arabia that meet certain criteria are granted a 30-year renewable tax incentive of 0% corporate income tax (CIT) and 0% withholding tax (WHT) on nonresident dividends and payments for services that are necessary for the RHQ’s activities …
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Saudi Arabia: Training contracts
Back in September 2023 we predicted that there would be a coming requirement for employers to disclose training data, with private sector companies employing 50 or more workers being obliged to report their training data annually through the Qiwa platform …
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Saudi Arabia: Saudising engineering jobs set to begin in July 2024
The decision to localize 25% of engineering professional positions in the private sector will apply to establishments that employ at least five workers in such jobs …
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Saudi Arabia: 2023 Health and safety at work statistics
According to a latest report released by the Saudi General Authority for Statistics (GASTAT), 45 …
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Saudi Arabia: Insurance sales jobs to be localized
The Insurance Authority is planning to Saudize all jobs related to sales of insurance products from 15th April 2024 …
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Saudi Arabia: Reduced penalties for labour law violations
According to the amended table of violations and penalties, the penalty for the late payment of wages and allowances of workers has now been fixed at SR300 for each worker, regardless of the size of their establishment …
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Saudi Arabia: Attracting multinationals to relocate regional HQ to Riyadh
An economic transformation is taking place in Saudi Arabia in the face of the World’s decreasing reliance on oil …
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Saudi Arabia: Retirement age still based on Islamic lunar calendar
Back in 2012, Saudi Arabia imposed a ban on the use of the Gregorian calendar in official dealings by both governmental and private agencies …
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Saudi Arabia: Digital service certificates
Workers are now able to obtain a “Service Certificate” electronically at the end of their contractual relationship through the Qiwa platform …
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Saudi Arabia: New bodies to coordinate sectoral initiatives
The Saudi labour ministry has unveiled 12 sectoral councils to partner with competent agencies – such as education and training institutions – when setting plans, objectives and skill programmes …
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Saudi Arabia: Mandatory authentication of job contracts
Earlier this year, the Saudi Ministry of Human Resources unveiled an authentication plan for its Qiwa platform …
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Saudi Arabia: Active job search methods used by unemployed Saudis (Q2 2023)
Saudi job seekers utilize an average of 4 …
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Saudi Arabia: Extension of e-visa coverage
Nationals of Turkey, Thailand, Panama, Saint Kitts and Nevis, Seychelles, and Mauritius may now apply for a Saudi visitor e-visa via the official portal at visa …
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