Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Firms executinggovt contractsstop transferof sponsorship  Join our daily free Newsletter

MENAFN - Arab News - 04/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Many firms which have contracts with government departments have halted the transfer of sponsorships of newly hired expat workers as a first step to creating jobs for saudis.

at the same time a number of expats are complaining of difficulty in transferring their sponsorship to their new employers although they have started working in their firms.

on the other hand quite a few firms have also engaged in short-term contracts with government departments but do not want to hire expats for long-term durations. instead they plan to let their new expat workers off when their current contracts expire.

'we need to increase the saudi percentage improve our grade in the nitaqat program. private firms classified in the red zone cannot sign contracts with government agencies especially if there is trouble with the labor office. at the same time most construction companies are keen on being involved in government projects but they must first provide job opportunities to saudis" ali al-matrrok ceo of a private construction firm told arab news.


there are also many small firms that get contracts with government bodies to execute projects but they have limited budgets. so they hire expats temporarily but refuse to transfer their sponsorships.

'private companies must comply with the labor ministry's nationalization laws if they hope to execute government projects" abass rashed hr manager of a private firm told arab news.

'i got a chance to work as a public relations official with a private company which has a contract with a government body.

i have already spent eight months trying to transfer my iqama to my employers but i think they are reluctant to do so" ahmed mahmoud a sudanese resident who lives in jeddah said.

an application for the transfer of sponsorship requires a letter from the new sponsor certified by the ministry of commerce and industry a copy of the iqama (residency permit) and the passport. the expat worker is also required to fill out a form provided by the labor office and make a payment of sr2000 for transferring his sponsorship if it is for the first time.


 


Arab News




  MENA News Headlines
 Sep 29 2016 - Kimberly process chair steps up momentum on Africa initiativeMENAFN Press
(MENAFN Press) Zimbabwe was the next stop on his extensive tour of African States, to give Africa a Voice, for which the Kimberley Process was originally intended. In Harare, the KP Chair met with ...

 Sep 29 2016 - Global Virtual Reality Market 2016 Share, Trend, Segmentation and Forecast To 2020MENAFN Press
(MENAFN Press) Global Virtual Reality Market 2016 Share, Trend, Segmentation and Forecast To 2020 next five years in an average of 106% CAGR; by 2020 over 430 billion products will be sold, and 21 ...

 Sep 29 2016 - NY Gov. Cuomo's Justice Center a Corruption SchemeMENAFN Press
(MENAFN Press) NY Gov. Cuomo's Justice Center a Corruption Scheme Jonathan Carey "Champion for the Disabled" Born September 12,1993 Killed by caregivers on February 15,2007 The corruption is ...

 Sep 29 2016 - Solving the last jigsaws to minimize risks, optimize costs and accelerate commercialization at Biosimilars North AmericaMENAFN Press
(MENAFN Press) Solving the last jigsaws to minimize risks, optimize costs and accelerate commercialization at Biosimilars North America The 3rd annual Biosimilars North America by popular demand, ...

 Sep 29 2016 - Haptic Interface Market 2016 market Share, Current and Future Players, Analysis and Forecast to 2022.MENAFN Press
(MENAFN Press) Haptic Interface Market 2016 market Share, Current and Future Players, Analysis and Forecast to 2022. Global Haptic Interface Market Information, by Components (Hardware, Software), ...

 Sep 29 2016 - Cold Forging Machine: Consumption, Demand, Sales, Competitor and Forecast 2016 2021MENAFN Press
(MENAFN Press) Cold Forging Machine: Consumption, Demand, Sales, Competitor and Forecast 2016 – 2021 Cold Forging Machine Global Market 2016 Analysis and Forecast to 2021 PUNE, INDIA, September ...

 Sep 29 2016 - Global Wind Power Market Top Manufactures, Market Demands, Trends, Industry Growth Analysis & Forecast 2021MENAFN Press
(MENAFN Press) Global Wind Power Market Top Manufactures, Market Demands, Trends, Industry Growth Analysis & Forecast 2021 Global Wind Power Market Information Report by Application (Residential ...

 Sep 29 2016 - Global Facial Injectable Market 2016 Technological Innovations, Revenue Share, Opportunities, Trends and Forecast- 2027MENAFN Press
(MENAFN Press) Global Facial Injectable Market 2016 Technological Innovations, Revenue Share, Opportunities, Trends and Forecast- 2027 Market Research Future Global Facial Injectable Market ...

 Sep 29 2016 - Salad Dressing: Consumption, Demand, Sales, Competitor and Forecast 2016 2021MENAFN Press
(MENAFN Press) Salad Dressing: Consumption, Demand, Sales, Competitor and Forecast 2016 – 2021 Salad Dressing Global Market 2016 Analysis and Forecast to 2021 PUNE, INDIA, September 29, 2016 ...

 Sep 29 2016 - Global 3d vr virtual reality glasses Market 2016 Share, Trend, Segmentation and Forecast To 2020MENAFN Press
(MENAFN Press) Global 3d vr virtual reality glasses Market 2016 Share, Trend, Segmentation and Forecast To 2020 conditions, including the product price, profit, capacity, production, capacity ...

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