Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi - Labor Ministry 'measures' evoke mixed response  Join our daily free Newsletter

MENAFN - Arab News - 31/12/2013
No. of Ratings : 0
Add to Mixx!


(MENAFN - Arab News) The move to streamline the labor market by Labor Minister Adel Fakieh has evoked mixed reactions from the companies and employees. Some believe, it will contribute to a level field that will prove to be advantageous for all parties concerned. It is said that the cleanup will encourage and strengthen professionalism, but at the same time it will also create shortage of manpower.
Some say that before beginning streamlining the market, a replacement plan should be put into place to prevent collapse of the system.
The cleanup also means that the tendency to make maximum profit at minimum investment should give way to a more liberal and reasonable policy that contributes to profitability but not cutting corners when it comes to labor employment and benefits.
The attitude of the Saudi workers will also play an important part. It is heartening to note that an increasing number of nationals are joining the workforce, but they also have to adjust to the pays and privileges that the market can afford.
Mohammed Tahqique, factory manager, Al-Shamrani Factory for Draw Bar Trailers, stressed that the clean up of the market was necessary for safety and security reasons, and for making jobs available for Saudis. "This should have been done from the beginning at the time of nitaqat," he said.
According to him manpower shortage is there. "Earlier we had 95 workers, now we have to do with 50," he said, adding that it is not enough because the business is there, projects are being implemeted, and others are coming up.

As for the contract signed by the labor minister recently, he said it remains to be seen how many workers will come and on what conditions, and how they will be distributed. It is possible that big companies may get the manpower and small firms may not benefit that much.
Tahqique said the very fact that the ministry has launched "Maan" (Together) portal on its website to collect views and proposals of the public on various issues before arriving at a final decision, augurs well, as it will bring out the problems and also generate solutions to the same in an atmosphere of cooperation and coordination.
Azizurrab, general manager of a machinery division at Abdullah Hashim Co. Ltd. praised the portal in that perspective. "Unless this is clear nobody can accept or decline to comment and put forward proposals. If a clear and real picture is given people can be in a better position to contribute ideas and advise.
According to him, the day-to-day economy is rolled out by the common man. He explained that the middle class in any country moves the economy - not the lower class or the upper class.
He said that a proper replacement plan should be in place before beginning cleanup otherwise the system will collapse. "Most of the projects in Saudi Arabia are related with the government, and these are being announced and implemented with a strategy to develop the country and if the cleanup goes against it then this is not a healthy sign for a developing country," he added.

 


Arab News




  MENA News Headlines
 Dec 9 2016 - UAE packaging paper industry to grow by 5pctMENAFN
(MENAFN) UAE paper and packaging industry is increasing fast in the MENA region, reaching a market valued at USD2.3bn and will remain an annual growth rate of 5 percent till 2019.Meanwhile, Paper ...

 Dec 9 2016 - Qatar aims USD13bn investment in infrastructure projectsMENAFN
(MENAFN) Qatar is ready to pump almost USD13bn on mega infrastructure projects in the country in the coming year with a main focus on projects related to the FIFA World Cup 2020.Moreover, the country ...

 Dec 9 2016 - GCC, UK confirm to make closer tiesMENAFN
(MENAFN) A mutual summit between GCC leaders and British Theresa May confirmed to launch the GCC-UK Strategic Partnership to enhance relations in all fields.Moreover, UK will spend more than 3bn euro ...

 Dec 9 2016 - Qatar expected to have 912,000 cars by 2020Gulf Times
(MENAFN - Gulf Times) The number of passenger cars in use in Qatar is expected to reach about 912,000 units by 2020, registering the highest annualised growth of 5.4% in the Gulf Co-operation Council ...

 Dec 9 2016 - Prime Minister condoles with Moroccan PMGulf Times
(MENAFN - Gulf Times) HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani held a telephone conversation with the Prime Minister of Morocco Abdelilah Ben ...

 Dec 9 2016 - Qatar believes in protecting religious freedom: MinisterGulf Times
(MENAFN - Gulf Times) HE the Minister of State for Foreign Affairs, Sultan bin Saad al-Muraikhi chaired Qatar's delegation to the Ninth Bali Democracy Forum, which kicked off in Bali, Indonesia, ...

 Dec 9 2016 - Qatar- Commercial Bank participates in prestigious CSR conferenceGulf Times
(MENAFN - Gulf Times) Commercial Bank, Qatar's first private bank, has participated at the annual Corporate Social Responsibility (CSR) Conference for organisations in Qatar. The CSR Conference, ...

 Dec 9 2016 - Qatar- Prime Minister honours persons with disabilitiesGulf Times
(MENAFN - Gulf Times) HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa al-Thani attended a ceremony held by national institutions to support persons with ...

 Dec 9 2016 - MEC recalls KIA Optima 2016 modelGulf Times
(MENAFN - Gulf Times) The Ministry of Economy and Commerce (MEC) has announced a recall of Kia Optima, model year 2016, due to a noise in the right front axle drive shaft. The recall is being ...

 Dec 9 2016 - Qatar- Ooredoo urges public to download 'Inland Sea' applicationGulf Times
(MENAFN - Gulf Times) Ooredoo has urged those who travel or camp at the Inland Sea to download its recently-updated desert navigation app as the camping season comes to full swing. The ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help