Saudi Laws Update

 Cabinet approval of domestic worker insurance contract The Cabinet approved the submission of His Excellency the Minister of Human Resources and Social Development, Eng. Ahmed bin Sulaiman Al-Rajhi, regarding the preparation of a formula for insurance for domestic workers to guarantee the rights of the employer and the worker The recommendations approved by the Council of Ministers include the following: - Insurance on the domestic labor contract, for the first two years from the date of the start of the contract, provided that the insurance after that is optional for the employer when renewing the worker’s residence. Approving the forms of insurance policy forms in accordance with what is stipulated in the Cooperative Insurance Companies Control Law. Determining the steps for issuing and purchasing the insurance policy and the mechanism for paying its premiums. It is expected that this decision will bring many benefits to the employer and the worker, such as: compensating the emp...

  The Ministry of Human Resources and Social Development Launches the Developer Nitaqat Program The Ministry of Human Resources and Social Development launched the developer Nitaqat program, which is one of the most important pillars and pillars of the Ministry’s strategic transformation initiatives, most notably in line with the labor market strategy, which aims to develop and raise its efficiency, provide decent and attractive jobs for male and female citizens and increase the share of their participation in the labor market. The Nitaqat developer program offers three main advantages: The first is to establish a clear-sighted and transparent resettlement plan for the next three years, with the aim of increasing the organizational stability of private sector establishments. While the second depends on the direct relationship between the number of employees and the required localization ratios for each establishment through a linear equation that is proportionally related to the nu...

 M. Al-Rajhi issues a decision to localize educational jobs in private public education facilities (private schools and international schools) His Excellency the Minister of Human Resources and Social Development, Eng. Ahmed bin Sulaiman Al-Rajhi, issued a ministerial decision to localize educational jobs in private public education facilities in private schools and international schools for boys and girls, the first stage; According to a number of specializations and in several stages, it is applied in specific proportions over three years. The decision aims to increase the percentage of Emiratization in private schools in all disciplines, including mathematics, physics, biology, science and computer, and increase the percentage of Emiratization in the disciplines of Arabic language, national identity, Islamic studies, social studies, art education and physical education as a first stage in international schools. The decision aims to provide 28,000 educational jobs for the sons an...

 "Trade": 62 legislations to strengthen the commercial system since the launch of the Kingdom's Vision 2030  Shawwal 13 1442 ​Over the past five years since the announcement of the Kingdom's Vision 2030, the Ministry of Commerce has worked on preparing and developing 62 regulatory and enabling legislation for the commercial sector in the Kingdom. This came after an extensive and comprehensive study of the laws, regulations and regulations related to commercial issues in partnership with relevant international organizations, the private sector, specialists and the general public, in order to achieve the principle of transparency and participation in accordance with the best practices and international legislation. The Ministry of Commerce was keen to carry out a comprehensive restructuring of commercial systems, regulations and regulations in order to achieve the Kingdom's vision 2030 and in line with the Kingdom's economic position and influence in global mark...

Commerce Ministry renews its call for violators of the anti-cover-up system to take advantage of the corrective period within 3 months before it ends...  Shawwal 14 1442 The Ministry of Commerce and the National Anti-Concealment Program renewed the call for violators of the anti-concealment system to take advantage of the corrective period and its benefits three months before its end, which will continue until Muharram 15, 1443 AH corresponding to August 23, 2021 AD. The corrective period, which started at the end of last February, provides multiple options for the violator of the provisions of the system, whether he is: (Saudi or non-Saudi) by exempting those who apply to correct their status; From the penalties prescribed in the system and their consequences, and from the retroactive payment of income tax. The ministry confirmed the intensification of field efforts with the participation of government agencies partner in the national program to combat cover-up to control violatio...

IT spending in Saudi Arabia set to rebound to $27.7bn in 2021 The total spent in this sector rose 8.7 percent year-on-year to $965 million in 2020. (Shutterstock) May 29, 2021 According to a new report, $27.593 billion was spent on IT in the Kingdom in 2020, a decline of 1.6 percent compared to 2019 However, the figure is expected to grow by 2.1 percent year-on-year in 2021 to $27.734 billion RIYADH: Spending on IT systems in Saudi Arabia is expected to rebound in 2021, after a slight decrease in 2020 as a result of the economic impact of the coronavirus pandemic, according to a forecast by US-based research firm Gartner. According to a new report, $27.593 billion was spent on IT in the Kingdom in 2020, a decline of 1.6 percent compared to 2019. However, the figure is expected to grow by 2.1 percent year-on-year in 2021 to $27.734 billion, and by 5.1 percent in 2022 and 5.2 percent in 2023. Despite the overall decline last year, a breakdown of the figures showed that a push by companie...

Saudi Central Bank considers adding COVID-19 insurance coverage for non-Saudi tourists ARAB NEWS, May 27, 2021 Saudi Central Bank says possible coverage would remain for the duration of a visit to the Kingdom SAMA approved COVID-19 insurance coverage on May 2 for Saudi citizens traveling outside the Kingdom JEDDAH: The Saudi Central Bank (SAMA) announced the possibility of adding coronavirus (COVID-19) coverage to insurance policies for non-Saudi tourists visiting the Kingdom. The bank said, in a statement, that possible coverage would remain for the duration of a visit and that it would communicate with the insurance company that issued the initial travel documents. SAMA said this step comes in the interest of the health and safety of Saudis and expatriates alike so all can have access to necessary health care. Insured travelers can contact the central bank website (Sama Cares) or call the toll-free number for more information. Along with the Council of Cooperative Health Insurance, S...

Saudi Arabia’s General Entertainment Authority announces the resumption of entertainment activities for vaccinated people amid COVID-19 precautions.   ARAB NEWS, May 27, 2021 Entertainment venues will be allowed to open at 40 percent capacity The Kingdom begins relaxing restrictions imposed to check the spread of the disease RIYADH: Saudi Arabia will allow entertainment activities to resume for those who are vaccinated against the novel coronavirus (COVID-19), the General Entertainment Authority (GEA) said on Thursday. The announcement came as the Kingdom begins relaxing restrictions imposed to check the spread of the disease, in accordance with procedures approved by the Public Health Authority (Weqaya). The procedures also include requirements for event organizers and visitors to apply precautionary measures when holding entertainment events. The measures include four main axes: environment, prevention and social distancing; reporting and monitoring; awareness; and implement...

 Pandemic ‘drastically accelerated’ digital marketing in Saudi Arabia, says Facebook executive SHANE MCGINLEY May 26, 2021 DUBAI: Demand for digital marketing has “drastically accelerated” as a result of the pandemic and Saudi companies need to target potential new customers online to grow and compete, according to Facebook’s regional head of retail and e-commerce. Anna Germanos, head of retail and e-commerce for Facebook in the Middle East and North Africa, said she did not believe that users were overburdened by adverts on the company’s platforms, which include Facebook, Messenger and Instagram. “Today, within digital advertising in general, people have a choice,” Germanos told Arab News. “They have the choice to click on (product) X, to stop the video, to close the tab.” Germanos said that, while users did have the option of scrolling past an advert, the only way for businesses in the region to expand was to always be on the lookout for new customers, something Facebook calls “d...