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
spot_img
spot_img

Hot this week

Heirs Insurance Group Poised for Leadership in Nigeria’s Post-Recapitalisation Insurance Era

  Heirs General and Heirs Life meet NAICOM’s recapitalisation...

FACTS, NOT FEAR: A POINT-BY-POINT RESPONSE TO ATIKU ABUBAKAR ON NIGERIA’S REFORM JOURNEY

Politics thrives on disagreement. Democracy demands it. But disagreements...

NLNG, CORA Celebrate 11 Poets on 2026 Longlist

NLNG in partnership with The Committee for Relevant Art...

Stanbic IBTC Marks 30 Years of Custody Services with NGX Closing Gong Ceremony

Stanbic IBTC recently celebrated 30 years of providing custody...

CIIN President: Digital Revolution Presents Opportunities for Insurers on Innovation for Inclusive Solutions

L-R:  Mr. Emmanuel Ovaga, MD/CEO, PufferPay Ltd; Sola Longe-Okenimkpe,...

Topics

NAICOM, PenCom, Sanlam, NEM, Africa Re, AIICO Back NAIPE’s 2024 Annual Conference

As preparations for the 2024 annual national conference of...

WEF Convenes Global Business for COVID Action Platform

The dramatic spread of COVID-19 has disrupted lives, livelihoods,...

Imoke, Buratai, Maida, Others to Headline GOCOP 2024 Conference in Kogi

A former Minister for Power and Steel, Senator Liyel...

Africa Telecom, Finance Leaders Assess Digital Investment Opportunities

Leaders from Africa's biggest telecom investment companies including MTN,...

Access Bank Tops Print Advert Ranking in Q2 2020

ThisDay Newspaper was the most sought after publication for...

Africa, Middle East PC Market Suffers 28.7% Slump

The Middle East and Africa (MEA) PC market suffered...

The Address Homes: Pushing the Frontier of Luxury Houses in Nigeria

‘There’s no place like home,’ or ‘Home is where...

Children’s Day: Ecobank Counsels Parents on Remote Learning

  Patrick Akinwuntan Managing Director Ecobank Nigeria   The Managing Director, Ecobank Nigeria, Patrick...
spot_img

Related Articles

Popular Categories

spot_imgspot_img