Saudi Labor Ministry calls on employers to issue prepaid salary cards to domestic workers

Updated 05 February 2018
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Saudi Labor Ministry calls on employers to issue prepaid salary cards to domestic workers

JEDDAH: The Ministry of Labor and Social Development has renewed its call for individual employers to issue prepaid payroll or salary cards to domestic workers as soon as they arrive in the Kingdom, the Saudi Press Agency (SPA) reported.
To get a prepaid payroll card, the employer (sponsor) must register for the service at a bank, then, through the Musaned online portal (www.musaned.com.sa), he can create an electronic recruitment contract and specify the worker’s monthly wage before saving the contract on the website and printing a copy.
“The ministry’s wage protection system aims to protect the rights of all parties in the contractual relationship — both the employers and domestic workers — and electronically document employment contracts for these workers,” said Khalid Aba Al-Khail, the ministry’s spokesman.
He added: “By issuing prepaid payroll cards, workers’ wages will be transferred to their bank accounts, which will guarantee the protection of their wages.”
Aba Al-Khail pointed out that the wage protection system covers all kinds of domestic workers in the Kingdom, and it will gradually be enforced. The ministry wants all employers, who already have domestic workers inside Saudi Arabia, to get on board with the new scheme within six months.
He explained that the program aims to protect the rights of both employers and workers, improve work circumstances for domestic workers, increase their job security, and promote the principles of human rights in Saudi Arabia.
“Contract services will be available through the Musaned online portal and smartphone app,” he said.
The ministry’s spokesman called on all recruitment offices and companies to raise the awareness of their clients and domestic workers on the rights and obligations of this contractual relationship.
Both parties can report violations or problems through the customer service call center at 19911.


High-level investment forum aims to further boost business between Saudi Arabia and Japan

Updated 18 June 2019
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High-level investment forum aims to further boost business between Saudi Arabia and Japan

  • Japan is one of Saudi Arabia’s most important economic partners

TOKYO: More than 300 government, investment and industry leaders on Monday took part in a high-level gathering aimed at further boosting business opportunities between Saudi Arabia and Japan.

The Saudi Arabian General Investment Authority (SAGIA) welcomed key figures from the public and private sectors to the Saudi-Japan Vision 2030 Business Forum, held in Tokyo.

Hosted in partnership with the Japan External Trade Organization (JETRO), the conference focused on the creation of investment opportunities in strategic sectors of the Kingdom. Delegates also discussed key reforms currently underway to enable easier market access for foreign companies.

Speaking at the event, Saudi Economy and Planning Minister Mohammed Al-Tuwaijri, said: “Today’s forum is a testimony to the success of the strategic direction set by the Saudi-Japanese Vision 2030 two years ago, which seeks to drive private-sector involvement, both by partnering with public-sector entities.”

SAGIA Gov. Ibrahim Al-Omar said: “At SAGIA, we have been working on creating a more attractive and favorable business environment in Saudi Arabia, which is making it easier for foreign companies to access opportunities in the Kingdom.”

Japan is one of Saudi Arabia’s most important economic partners. It is the Kingdom’s second-largest source of foreign capital and third-biggest trading partner, with total trade exceeding $39 billion.

JETRO president, Yasushi Akahoshi, said: “Saudi-Japan Vision 2030 has made great progress since it was first announced. Under this strategic initiative, the number of cooperative projects between our two countries has nearly doubled, from 31 to 61, and represents a diverse range of sectors and stakeholders.”

Since 2016, the Saudi government has delivered 45 percent of more than 500 planned reforms, including the introduction of 100 percent foreign ownership rights, enhancing legal infrastructure and offering greater protection for shareholders.

As a result, the Kingdom has climbed international competitiveness and ease-of-doing-business rankings, with foreign direct investment inflows increasing by 127 percent in 2018 and the number of new companies entering Saudi Arabia rising by 70 percent on a year-on-year basis in the first quarter of 2019.