Monday, April 6, 2026
29.7 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

APC National Chairman, Nentawe Yilwatda, Donates N15m to Jos Attack Victims, Vows End to Killings in Plateau State

The National Chairman of the All Progressives Congress (APC),...

PR Industry Leaders Hail Adejumoh’s Book, Advocate Strategic Shift in Practice

L-R: Chief Yomi Badejo-Okusanya (YBO), Chairman, Board of the...

Beta Glass Reports Revenue of N149.1bn in Audited Results for 2025

Beta Glass Plc, the leading glass container manufacturer in...

Stanbic IBTC Sets Sustainable Growth Agenda for Key Sectors at Inaugural Nigeria Business Summit

Stanbic IBTC, a leading financial services provider in Nigeria,...

Ecobank Nigeria Assures Customers of Uninterrupted Banking Services During Easter Public Holidays

Ecobank Nigeria, a member of Africa’s leading pan-African banking...

Topics

African Dev Bank Unveils $500m Deal with African Trade Insurance Agency

The African Development Bank (AfDB) and African Trade Insurance...

Linkage Assurance Unveils Insurance Plan for SMEs

Linkage Assurance Plc says it’s committed to helping small...

Stanbic IBTC Pension Facilitates Home Ownership for RSA Holders

Stanbic IBTC Pension Managers, Nigeria’s leading pension fund administrator...

The Maggi Magic Nestlé Redressing Micronutrient Deficiency in Africa with New Maggi Cube

MAGGI CUBES: FORTIFIED SEASONING Nestlé sells millions of Maggi...

SMILE Unveils 0702SMILE 4GLTE SIM, Brand Ambassador

Smile Communications Nigeria limited has further pushed the notch...

Sovereign Trust Insurance Earn TEXEM’s Recognition Award

L-R: Segun Bankole, DGM/Head, Corporate Communications & Investor Relations,...

Sustained Sell Offs Pull YTD Return into Negative Region… NSE ASI Down 1.3%

Sustained sell offs in the local bourse, which have persisted...

PenOp Unveils Induction Academy to Equip New Pension Industry Employees

The Pension Operators Association of Nigeria (PenOp) has successfully...
spot_img

Related Articles

Popular Categories

spot_imgspot_img