Firms win Saudization deadline extension
JEDDAH:AL-ANSARI ARAB NEWS / AL-EQTISADIAH
Thursday 4 April 2013
Last Update 4 April 2013 3:30 am
The Riyadh governor last night extended the Saudization time limit given to businesses such as money exchanges, banks, gold and jewelry, vegetable shops, furniture, used furniture, public service offices for two months beginning April 11.
Local reports earlier said the Riyadh Province's Saudization committees would start inspecting various sectors next week to ensure adherence to Nitaqat quotas.
According to Al-Eqtisadiah, inspections will include banks, joint-stock companies, private schools, estate agents, public services offices, gold markets, food suppliers, the vegetable market, houseware stores, Haj and Umrah offices and used furniture markets.
No one will be exempted from the inspections, said Labor Ministry spokesperson Hattab Al-Enezi.
Other provinces are expected to follow suit soon.
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