Saudi businessmen and economists have opposed the new proposals - TopicsExpress



          

Saudi businessmen and economists have opposed the new proposals made by the Labor Ministry to restrict the stay of foreign workers to seven years and discourage them from bringing their families to the Kingdom, saying such measures are counterproductive. These proposals will push 70 percent of private companies into the red category of the Nitaqat nationalization scheme,,,,,,,,, “The discussions will continue for a week, after which it would come up with recommendations to be submitted to the Labor Ministry,” He said only five days were left to arrive at a consensus on the proposals before they are submitted to the Council of Ministers for approval. According to the draft proposal, an expat worker living in the Kingdom with his wife and two children will be considered as two foreign workers under the proposed system
Posted on: Thu, 23 Jan 2014 06:42:35 +0000

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