Monday, July 27, 2026
32 C
New Delhi

Saudi Arabia revokes expat worker fees in industrial sector

Saudi Arabia revokes expat worker fees in industrial sector

Saudi Arabia removed expatriate worker fees in industrial sectors, boosting factory efficiency, competitiveness, and Vision 2030 goals/Representative Image

Saudi Arabia has revoked fees on expatriate workers in licensed industrial establishments, signaling a clear push to empower national factories and boost the Kingdom’s industrial competitiveness globally. The move reflects the leadership’s commitment to building a sustainable and resilient industrial economy under Saudi Vision 2030. The Council of Ministers, chaired by Crown Prince and Prime Minister Mohammed bin Salman, approved the fee cancellation following a recommendation from the Council of Economic and Development Affairs (CEDA). The measure is part of a broader strategy to support and modernize the industrial sector, underscoring the leadership’s commitment to strengthening national factories and enhancing their global standing.By lifting fees on foreign workers, industrial establishments gain greater operational flexibility and reduced financial burdens. This step allows factories to expand production, improve efficiency, and compete more effectively in international markets. Leaders view it as a practical way to reinforce sustainability while promoting economic growth.The initiative is closely tied to Saudi Vision 2030, which identifies industry as a cornerstone of national economic diversification. Developing a resilient and competitive industrial sector is seen as essential for sustaining long-term growth, fostering innovation, and attracting investment.Overall, the removal of expatriate worker fees demonstrates the Kingdom’s ongoing dedication to creating a supportive environment for industrial development. It highlights the Crown Prince’s commitment to ensuring that Saudi factories remain sustainable, globally competitive, and capable of driving the country’s economic transformation.

Go to Source

Hot this week

What is Tana Mongeau and Clavicular’s feud? Podcast remarks explained

What is Tana Mongeau and Clavicular’s feud? Read More

Anti-defection law: Supreme Court ready to hear plea for its interpretation

The apex court has issued notice to the Centre for its response NEW DELHI: Observing that there are “enormous issues” with the working of 10th Schedule, Supreme Court Monday agreed to hear senior advocate Kapil Sibal Read More

Love Island UK crowns winners of twist-filled series

ITV/Shutterstock Naomi Clarke BBC Newsbeat 48 minutes ago This article contains spoilers for the Love Island final. Julia Majchrzak and Lorenzo Alessi have been crowned the winners of Love Island UK 2026. Read More

Feige claims Thanos was ‘built up in people’s heads’; fans REACT

Marvel Studios president Kevin Feige has addressed criticism surrounding Robert Downey Jr’s introduction as Doctor Doom in the Marvel Cinematic Universe (MCU). Read More

CWG: Sharmila wins historic gold in para athletics as India shines with multiple medals

Glasgow, Jul 28 (PTI): Sharmila Dhankar scripted history by becoming India’s first-ever Commonwealth Games para-athletics gold medallist, while high jumper Sarvesh Kushare and weightlifters Valluri Ajaya Babu and Gyaneshwari Yadav clinched a s Read More

Topics

Anti-defection law: Supreme Court ready to hear plea for its interpretation

The apex court has issued notice to the Centre for its response NEW DELHI: Observing that there are “enormous issues” with the working of 10th Schedule, Supreme Court Monday agreed to hear senior advocate Kapil Sibal Read More

Love Island UK crowns winners of twist-filled series

ITV/Shutterstock Naomi Clarke BBC Newsbeat 48 minutes ago This article contains spoilers for the Love Island final. Julia Majchrzak and Lorenzo Alessi have been crowned the winners of Love Island UK 2026. Read More

Feige claims Thanos was ‘built up in people’s heads’; fans REACT

Marvel Studios president Kevin Feige has addressed criticism surrounding Robert Downey Jr’s introduction as Doctor Doom in the Marvel Cinematic Universe (MCU). Read More

CWG: Sharmila wins historic gold in para athletics as India shines with multiple medals

Glasgow, Jul 28 (PTI): Sharmila Dhankar scripted history by becoming India’s first-ever Commonwealth Games para-athletics gold medallist, while high jumper Sarvesh Kushare and weightlifters Valluri Ajaya Babu and Gyaneshwari Yadav clinched a s Read More

Shirse becomes first Indian to reach 110m hurdles final in CWG, then suffers injury

Glasgow, Jul 28 (PTI): National record holder Tejas Shirse became the first Indian to qualify for the men’s 110m hurdles final at the Commonwealth Games but finished last in the medal race after sustaining an injury here. Read More

Supreme Court: Insolvency shield is for firm, not promoters

IBC is to facilitate the resolution process and not to eclipse the statutory remedies NEW DELHI: Promoters of real estate companies use pending insolvency proceedings as a shield to protect themselves in court cases filed by homebuy Read More

Related Articles