Wednesday, April 22, 2026
32.1 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

QEDNG Summit 2026 Set for August 11 in Lagos

The QEDNG Creative Powerhouse Summit will hold its second edition on...

NLNG MD, Adeleye Falade, Commends Rivers Police, Seeks Stronger Security Collaboration

Adeleye Falade, MD, NLNG, (centre); Olakunle Osobu, Deputy MD...

Renaissance MD, Tony Attah, Predicts Merger of Operators at Nigerian Content Lecture

The Managing Director of Renaissance Africa Energy Company Limited,...

NCDMB, Seplat Firm Up Plans for Take-off of Centre of Excellence at DELSU

 Key Management staff of the Nigerian Content Development and...

FG Denies Allegation of Hidden Spending, Diversion of Federation Revenue

The attention of the Federal Ministry of Finance has...

Topics

Chain Reactions Africa Clinches Top Honours as Nigeria’s Most Celebrated PR Firm at SABRE Awards

L-R: Israel Opayemi, MD/Chief Strategist, Chain Reactions Africa; Arik...

Global Influencers Set for 2016 Communication Forum in Davos

On 8-9 March, 2016, communication professionals, CEOs, representatives of...

Jobberman, Mastercard Target 5m Job Seekers in Alliance for Better Work Initiative

Jobberman, a major job placement website in sub-Saharan Africa,...

Celebrating 24 Years of Telecom Transformation in Nigeria

By Elvis Eromosele Twenty-four years ago, Nigeria took a giant...

Stanbic IBTC Bank’s Gas, Infrastructure Confab Charts Path for Economic Growth

L-R: Umah Imoh, Acting Sector Head, Energy, Client Coverage,...

Banks’ Non-Performing Loans Top N1.6Tr in June 2016

Banks operating in Nigeria accumulated non-performing loans of over...

‘Why Nigerian, African Varsities Rank Lowly Globally’ – Ghana VC

Leading African Development Economist and Vice Chancellor of University...

Making Sense of a Manual ‘Digital’ Directive

By Elvis Eromosele The COVID19 pandemic is not letting up....
spot_img

Related Articles

Popular Categories

spot_imgspot_img