Monday, February 23, 2026
27.4 C
Lagos

Saudi Arabia Bans Foreigners from Selling Mobile Phones

Saudi Arabia’s government has passed a decree banning foreign workers from selling and maintaining mobile phones and accessories for them.

It is also requiring that retail stores are at least 50% staffed by Saudi nationals within three months, and be entirely staffed by locals within six months.

The Ministry of Commerce and Industry said that the deadline to Saudise the telecom sector will come into effect on 2nd July.
Violators face up to two year in prison and will be deported.

The moves after reports that more than half of phone retailers in the country are owned by a Saudi national in name only, and are fronts for foreign investors.

It could also see around 20,000 Saudi’s offered jobs in the retail sector, and may be seen as the beginnings of a more aggressive move to create non-oil jobs for Saudi nationals.

spot_img
spot_img
spot_img

Hot this week

Mutual Benefits Begins 2026 with ₦5.9bn January Claims Settlement

Mutual Benefits Assurance Plc, a leading Nigerian insurance company,...

Unity, Providus Banks Merger a Done Deal as Integration Progresses

Following the recently held Court-Ordered Meeting and subsequent overwhelming...

NCC Seeks Stakeholders’ Input on National Telecoms Policy Review 

The Nigerian Communications Commission (NCC) has called on interested...

CBN Chief, Olayemi Cardoso, Tasks Central Banks, DFIs on Africa’s Growth

The Governor of the Central Bank of Nigeria, Mr....

NCC Management Hosts ATCON EXCO on Courtesy Visit

L- R: Abraham Oshadami, Executive Commissioner Technical Services, Nigerian...

Topics

The Nigeria Prize for Literature: Akubuiro, Gomba, Ojomu Make 2023 Shortlist of Three

The Advisory Board for The Nigeria Prize for Literature...

Stanbic IBTC Celebrates Digital Graduate Trainees 

  The firstever digital graduation ceremony of the Stanbic IBTC...

El-Dabaa Nuclear Power Plant Project Construction Phase Begins in Egypt

The “first concrete” pouring for the El-Dabaa Nuclear Power...

Danbatta Tasks NODITS on Effective Actualisation of Mandates

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO)...

FG Unveils 10-Point Fiscal Roadmap to Grow Economy

Mrs. Kemi Adeosun, Minister of Finance has unveiled a...

ASUS Presents Incredible Unfolds at CES 2022

KEY POINTS Zenbook 17 Fold OLED, Zenbook 14X OLED...

Nigeria Needs Strong Institutions, Diversified Economy for Growth

“Nigeria has experienced growth in the recent past and...
spot_img

Related Articles

Popular Categories

spot_imgspot_img