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FinancialNews
08-01-18
Saudi Aramco set to increase staff wages after royal orders
(MENAFN) Following the royal order of extending handouts to government staff, Saudi Arabian Oil Co. along with several prominent companies announced their employees to be paid more.
Aramco is set to grant "eligible employees" an additional $267 monthly for a year effective in January, marking the largest first public offering to be seen.
According to sources, the payments are to be handed for employees who make $5,333 monthly or less within Saudi Arabia.
MENAFN0801201800450000ID1096321585
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