21-April-2019
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Economy News
 
Saudi approves $3.1-bn plan to ease levies firms pay on foreign workers
11-Feb-2019

Saudi Arabia's King Salman has approved a plan to ease levies businesses pay on foreign workers to help revive economic growth. Authorities will exempt some companies from paying the 2018 fees or reimburse those that have already paid, according to the official-Saudi Press Agency. To qualify for the aid, businesses need to have made strides in hiring more Saudi nationals.

News Source:- https://www.business-standard.com/article/international/saudi-approves-3-1-bn-plan-to-ease-levies-firms-pay-on-foreign-workers-119021000345_1.html