Saudi Arabia is introducing stricter labor contract rules. All employment agreements must now be registered on two government platforms. Th...

Saudi 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...

In Kenya, women eager for new opportunities in Saudi Arabia often face dire conditions instead. Promised decent wages, many encounter abuse...

Saudi Arabia now requires pre-verification of professional and academic qualifications for work visas, aiming to enhance labor standards un...

This move comes as part of Saudi Arabia's efforts to streamline and regulate the domestic labor market. The Ministry of Human Resources has...

The 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 in USA has provided boost to box-office business of The Equalizer 3. Meanwhile, Christopher Nolan's 'Oppenheimer' and Greta Gerwi...

Brent 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...

Access to low-cost raw materials plays a large role in determining the geographical distribution of industry. Typically, these relative pri...

US 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 said the government’s fiscal plans will likely help the current account return to surplus next year and ensure that in the medium t...

The initiative allows expatriate workers labor mobility and amends existing exit procedures in a manner that does not conflict with Saudi L...

The plans, which will take effect in March 2021, include foreign workers' right to leave the country without employers' permission, Abdulla...

India 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...

Meeting the Saudization diktat by replacing foreing workers could push many businesses over the edge.

Ending the ban is one of the most socially-consequential reforms implemented by Saudi Arabia’s Crown Prince Mohammed bin Salman.

The decision is expected to generate about 35,000 jobs, and companies will be given sufficient time to deal with foreign labor contracts.