Saudi Arabia announces plans to ease foreign workers' contractual restrictions

News Image

MG News | November 04, 2020 at 02:42 PM GMT+05:00

November 4, 2020: Saudi Arabia will ease foreign workers' contractual restrictions, including freedom to change jobs, the kingdom's deputy minister for human resources said on Wednesday.

The plans, which will take effect in March 2021, include foreign workers' right to leave the country without employers' permission, Abdullah bin Nasser Abuthunain told reporters.

The aim is improve Saudi labor market attractiveness, Abuthunain added.

Reuters

Related News

Name Price/Vol %Chg/NChg
KSE100 167,193.44
366.12M
0.88%
1456.68
ALLSHR 101,164.95
815.04M
0.80%
806.11
KSE30 49,320.68
134.37M
0.99%
482.30
KMI30 238,958.16
110.19M
0.84%
2000.56
KMIALLSHR 65,336.06
481.98M
0.82%
528.42
BKTi 46,284.55
24.74M
0.99%
454.81
OGTi 33,773.06
6.87M
0.71%
237.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,300.00 79,875.00
76,260.00
-3445.00
-4.27%
BRENT CRUDE 112.42 114.07
111.03
-2.46
-2.14%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
-1.55
-1.19%
ROTTERDAM COAL MONTHLY 145.70 145.70
145.60
-0.15
-0.10%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 103.56 104.99
102.43
1.56
1.53%
SUGAR #11 WORLD 19.52 19.80
19.34
0.18
0.93%

Chart of the Day


Latest News
October 30, 2026 at 06:10 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


October 30, 2026 at 12:02 AM GMT+05:00

Diesel price rises by Rs0.85/litre, petrol unchanged


October 29, 2026 at 11:57 PM GMT+05:00

SBP reserves rise $33m to $21.5bn


October 29, 2026 at 11:43 PM GMT+05:00

SCRA balance falls Rs115m to Rs38bn in week ended Oct 23


October 29, 2026 at 09:02 PM GMT+05:00

Banks to extend Saturday hours for tax payments



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg