Saudi Arabia
Middle East | 25 Mar 13
2 million expats in saudi face losing
It is estimated that at least 2 million expatriates working in Saudi Arabia are at risk of losing their jobs, with about 250,000 companies yet to meet ‘Saudisation’ requirements “days before the deadline”, according to local media.
ncb cap first Saudi firm to launch dublin ucits
Wealth manager NCB Capital has become the first Saudi Arabia institution to establish a non-Saudi registered range of Ucits funds in Ireland.
Middle East | 20 Nov 12
expats and their saudi employers confront
A new Saudi Arabian scheme to boost employment of Saudi nationals by fining companies that draw more than half their staff from expatriate circles has caused controversy and debate in the six days since it came into force.
Middle East | 12 Nov 12
barclays faces probe into alleged
Barclays bank, which is already facing a series of allegations, is reportedly under investigation by the US Department of Justice over claims it made improper payments to win a licence in Saudi Arabia.
Middle East | 12 Sep 12
Saudi cma surprises gulf with hostile warning
Saudi Arabias regulator the Capital Market Authority has surprised many in the Gulf region by issuing a strongly worded warning notice to those operating without a licence in the country.