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 184,050.10
472.43M
2.08%
3748.40
ALLSHR 110,789.83
917.40M
1.70%
1851.00
KSE30 54,944.21
207.72M
2.29%
1228.18
KMI30 260,634.87
119.12M
1.29%
3307.40
KMIALLSHR 71,378.23
501.29M
0.84%
594.03
BKTi 51,624.46
128.24M
6.08%
2958.41
OGTi 36,942.77
7.95M
0.12%
44.11
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 60,150.00 60,705.00
57,850.00
1250.00
2.12%
BRENT CRUDE 71.12 73.53
71.03
-1.83
-2.51%
RICHARDS BAY COAL MONTHLY 107.50 107.50
107.50
0.00
0.00%
ROTTERDAM COAL MONTHLY 119.25 122.00
119.25
0.15
0.13%
USD RBD PALM OLEIN 1,135.00 1,135.00
1,135.00
0.00
0.00%
CRUDE OIL - WTI 67.99 70.19
67.92
-1.51
-2.17%
SUGAR #11 WORLD 14.96 15.25
14.84
0.14
0.94%

Chart of the Day


Latest News
July 01, 2026 at 08:26 PM GMT+05:00

PSX in FY26: Rides Out the Storm


July 01, 2026 at 07:05 PM GMT+05:00

World Bank urges fiscal reforms in Pakistan


July 01, 2026 at 07:00 PM GMT+05:00

CARE Pakistan calls for climate, women partnerships


July 01, 2026 at 06:48 PM GMT+05:00

Govt to invest above Rs8bn in footwear sector upgrade


July 01, 2026 at 06:41 PM GMT+05:00

Meezan Bank crosses Rs1tr in market cap



Top 5 things to watch in this week

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