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SAUDI LABOR MARKET
A home that washes, cools and thinks for you: Inside LG's 'Zero Labor Home' vision for IndiaLG Electronics is building a future home powered by artificial intelligence. Intelligent appliances, connected platforms, and robots will w...
Global Markets | Asian stocks track US rally on Iran peace pushAsian markets opened higher, mirroring Wall Street's positive trend. Hopes for further United States-Iran talks have boosted investor confi...
Saudi Arabia tightens rules on job titles held by foreign workersSaudi Arabia has halted changes to specific job titles for foreign workers, particularly in senior and commercial roles. This move, impleme...
Saudi Arabia implements stricter employment contract rules with new digital verification systemSaudi Arabia is introducing stricter labor contract rules. All employment agreements must now be registered on two government platforms. Th...
Saudi Arabia’s overall unemployment falls to just 2.8 per cent, with women leading the chargeSaudi Arabia's unemployment rate hit a record low of 6.3 per cent in Q1 2025, it is driven by increased participation of women in the workf...
Why maids keep dying in Saudi ArabiaIn Kenya, women eager for new opportunities in Saudi Arabia often face dire conditions instead. Promised decent wages, many encounter abuse...
Saudi Arabia tightens work visa rules for Indian workersSaudi Arabia now requires pre-verification of professional and academic qualifications for work visas, aiming to enhance labor standards un...
Saudi Arabia introduces new work visa rules for foreign domestic workersThis move comes as part of Saudi Arabia's efforts to streamline and regulate the domestic labor market. The Ministry of Human Resources has...
World Bank sees Saudi Arabia's economy contracting in 2023, MENA growth sharply lowerThe World Bank has revised its growth forecast for Saudi Arabia, expecting the country's economy to contract by 0.9% in 2023. This is due t...
Labor Day 2023 boosts 'The Equalizer 3' box office, Christopher Nolan's 'Oppenheimer', Barbie continue glorious runLabor Day in USA has provided boost to box-office business of The Equalizer 3. Meanwhile, Christopher Nolan's 'Oppenheimer' and Greta Gerwi...
Oil prices set for sixth weekly gain as producers pledge output cutsBrent on Thursday clawed back a 2% drop in the Wednesday session, leaving futures set for a 0.4% weekly gain, while WTI was to close the we...
What if deglobalization is good for emerging markets?Access to low-cost raw materials plays a large role in determining the geographical distribution of industry. Typically, these relative pri...
Oil wobbles as demand woes stalk market after Saudi price cutsUS West Texas Intermediate crude for October was at $68.88 a barrel, down 41 cents, or 0.6%, from Friday's close, with no settlement price ...
Goldman says Saudi peg ‘here to stay,’ though at cost to economyGoldman said the government’s fiscal plans will likely help the current account return to surplus next year and ensure that in the medium t...
Saudi Arabia announces additional rights to expatriate workers; to benefit over 2 million IndiansThe initiative allows expatriate workers labor mobility and amends existing exit procedures in a manner that does not conflict with Saudi L...
Saudi Arabia announces plans to improve foreign workers freedomThe plans, which will take effect in March 2021, include foreign workers' right to leave the country without employers' permission, Abdulla...
Remittance boom is turning into a bust for emerging markets in AsiaIndia is the world’s top recipient of transfers and a leading supplier of labor to the gulf; it took in $83 billion last year, exceeding th...
Jobs-for-Saudis plan tests retailers used to cheap foreign labourMeeting the Saudization diktat by replacing foreing workers could push many businesses over the edge.
Saudi Arabia's $90 billion reason to allow women drivingEnding the ban is one of the most socially-consequential reforms implemented by Saudi Arabia’s Crown Prince Mohammed bin Salman.
Saudi Arabia bars foreigners from mall jobs to help citizensThe decision is expected to generate about 35,000 jobs, and companies will be given sufficient time to deal with foreign labor contracts.