image description
image description
Tell A Friend

FinancialNews


  • 27-07-21

    Saudi Arabia to start implementing insurance on domestic labor contract

    (MENAFN)According to Al Eqtisadia paper, Saudi Ministry of Human Resource and Social Development is estimated to implement insurance on the domestic labor contract early in the coming year together with the Saudi Central Bank (SAMA).

    The ministry further declared that this decision assurances the rights and advantages of the employer and the worker, including recompensing the employer for the cost of bringing in a replacement domestic worker in the event of death, or passing through chronic or critical diseases.

    This plan aims to attract more Saudi labor market, improve the contractual ties amid workers and employers, and reduce risks in the domestic labor recruitment market, serving to cut costs.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved