Table of Contents Table of Contents
Previous Page  1 / 20 Next Page
Information
Show Menu
Previous Page 1 / 20 Next Page
Page Background

Low salary and nominal transportation allowance are

some of the major hurdles faced by female workers as

the third phase of feminizing women accessory shops

comes into force.

Citizens and expats welcomed the decision to allow foreign mothers of Saudis

and non-Saudi children of Saudi women to work in those professions which are

restricted only to Saudi nationals.

KHC, AL-HILAL SIGN DEAL

>>

P16

P5 <<

GRISLY MASSACRE BY DAESH

WWW.

SAUDIGAZETTE

.COM.SA

Issue No: 14619 ISSN (1320-0326 )

I

Saudi Riyal 2

TUESDAY 24. 10. 17 SAFAR 4 1439

Aramco IPO on

track for 2nd half

of 2018: CEO

RIYADH —

Saudi Aramco’s ini-

tial public offering will take place

in the second half of 2018, CEO

Amin Nasser said Monday, dis-

missing reports that the oil giant’s

plans could be shelved.

“We have always said that we

will be listing in 2018, and to be

more specific, in the second half

of 2018,” Nasser said in an inter-

view with CNBC television.

“The IPO is on track. The list-

ing venue will be discussed and

shared in due course,” Nasser told

the channel in Riyadh.

The Aramco chief also said

Saudi authorities were not in talks

with Chinese or other investors to

sell a stake in the firm.

Aramco, which controls Saudi

Arabia’s massive energy assets,

plans to list nearly five percent of

its shares in the stock market.

Nasser predicted on Sunday

it will be easy to convey to inves-

tors how Saudi Aramco’s focus on

long-term planning has allowed

the company to drive past results.

He believes the interests of its

sole current shareholder — the

government — and its future in-

vestors are aligned.

“I think both are looking for

results,” he said. “Both are going

to be looking for a better perfor-

mance, and I don’t see any issues

between our current shareholder

and the public that will be partici-

pating when we are listed because

ultimately we need to deliver bet-

ter results.”

Saudi Aramco has kept up a

robust exploration program, even

through the three-year oil price

downturn, allowing it to add to its

reserves, according to Nasser.

He promised that Saudi Aram-

co will “meet all the requirements

of that market in terms of reserve

assessment” and other rules of the

country where it chooses to list.

Ultimately, Saudi Arabia is

largely operating in line with its

closest peers, the integrated inter-

national oil companies like Exxon

Mobil and BP, Nasser claimed.

“I can say Aramco has always

been run like a publicly traded

company,” he said.

“If you look at our governance,

we have independent board mem-

bers. Everything that has been

done in the company is similar to

any international oil company in

terms of the way we do business.”

—Agencies

Amin Nasser

Women demand employment rights

By Shatha Al-Hisaiki,

Abrar Al-Sharqawi and

Amirah Al-Muwalad

Okaz/Saudi Gazette

JEDDAH —

Many female em-

ployees are complaining about

low salaries and transportation

allowance as the third phase of

feminizing women accessory

shops and stores began on Sat-

urday.

Amani, who works at a wom-

en accessory retail store, said

she gets only SR500 a month as

transportation allowance while

she has to pay SR1,400 a month

to commute from home to work-

place.

“Transportation is the biggest

obstacle for working women. We

have to spend a huge portion of

our salary on it,” said Amani.

Nourah Mohammad said

she often has to leave her job in

order to stay home with her in-

fant daughter. “Nurseries and

daycares cost SR1,200 a month

in addition to the transportation

expenses. If I work, I have to pay

for my daughter’s daycare which

costs me more than I can afford.

But if I stay home with my daugh-

ter I can’t make any money,” said

Mohammad.

Many female workers are not aware of their labor rights.

— Okaz photo

Manal Al-Jehani, working at

a women retail store in Madinah,

said when she signed her em-

ployment contract there was no

mention of transportation allow-

ance in it.

“The contract only covered

the basic salary, social insurance

and the job description. I was not

aware of my rights as an employ-

ee,” said Al-Jehani.

Israa Al-Ahmadi, employee

at a private store, said her em-

ployer did not have her sign any

contract.

“I just began working there

and I was told that the salary for

a night shift is SR1,800. When I

checked my social insurance ac-

count I found out that my salary

was supposed to be SR3,000,”

said Al-Ahmadi.

Abrar Al-Jehani said she saw

an advertisement for a job at a

retail store that sells abayas, eve-

ning dresses and perfumes.

“The new contract enlists

that all women employees will

have transportation arranged for

them as long as they are regis-

tered through the Taqat program.

There are employees at the store

that have been working there for

over a year and they were not

Work visa validity

reduced to one year

By Fatima Muhammad

Saudi Gazette

JEDDAH —

The validity of

employment visas issued by the

Ministry of Labor and Social

Development (MLSD) for the

private sector firms has been

reduced from two years to one

year.

But this will not be appli-

cable to visas issued for gov-

ernment services as well as for

domestic workers, according to

an order issued by Minister of

Labor and Social Development

Dr. Ali Al-Ghafis.

The decision was taken on

the basis of Article 11 of the La-

bor Law under which the min-

ister can take the procedures

that are deemed necessary for

improving the efficiency of the

employment market.

The ministry has started im-

plementing the decision of the

minister, the Saudi Press Agency

reported.

On Sunday, the minister is-

sued another order allowing for-

eign mothers of Saudis as well

as non-Saudi children of Saudi

women to work in those profes-

sions which are restricted only

to Saudi nationals.

Employing anyone in this

category will be counted as one

Saudi employee while calculat-

ing the percentage of Nitaqat

Saudization program.

Both Saudis and expatriates

welcomed the decision.

Mohammad Al-Owain, a me-

dia person, described it a “right

decision.”

This decision offers a decent

life to those families which have

been living in the Kingdom for

decades years, he said.

Shadia Al-Ghamdi, a Saudi

woman, noted that any com-

pany that refuses to employ for-

eign mothers of Saudi children

or non-Saudi children of Saudi

women should be fined.

Mohammad Al-Saad hoped

individuals included in this de-

cision will be offered nationality

soon.

Abdul Aziz Al-Nigamshi said

non-Saudi children of female

citizens should also be consid-

ered as Saudi nationals.

However, some people said

that non-Saudi children of Saudi

women should not be given citi-

zenship.

Nawal Al-Shihri said that

many expatriates tend to marry

Saudi women just for the sake

of benefiting from them. There-

fore, she is against giving citi-

zenship to non-Saudi husbands

and children of Saudi women.

Karim ibn Saleh said that

Saudi woman who accepts a for-

eigner as her husband forfeits

her right to seek citizenship for

her children.

Maha, daughter of a Saudi

mother, asked: “Why do you

offer nationality to non-Saudi

children of Saudi men but not to

children of Saudi women?”

Three Shoura Council mem-

bers — Latifa Al-Shalan, Haia Al-

Munai and Ata Al-Sabti — have

presented a recommendation to

modify the nationality system to

allow non-Saudi children of Sau-

dis to obtain citizenship.

Kuwait seeks postponement of GCC summit

By Muhammad Saud

Okaz/Saudi Gazette

RIYADH —

Kuwait has reportedly

proposed the postponement of the 39th

Gulf Cooperation Council (GCC) sum-

mit by six months, sources told Okaz.

“The postponement aims to resolve

the crisis that has erupted because of

Qatar’s lack of commitment to the 2013

Riyadh Agreement and the 2014 Supple-

mental Agreement,” the source told

Okaz.

“Postponing the summit was a Ku-

waiti suggestion, and Kuwait has not

yet received an answer from the other

countries.”

The summit is scheduled to take

place in December in Kuwait City.

Kuwaiti newspaper Al Rai reported

that the summit will most probably be

postponed due to the “lack of progress

in resolving the Gulf crisis”.

It will be postponed for six months

“unless there is a big political,” a diplo-

mat was quoted as saying by Al Rai.

However addressing a joint press

conference with US Secretary of State

Rex Tillerson in Riyadh on Sunday

evening, Saudi Foreign Minister Adel

Al-Jubeir said that the Kingdom will

participate alongside the United Arab

Emirates and Bahrain in the Gulf sum-

mit even if the Qatari crisis continues.

Reacting to the ongoing efforts of

the Kuwait Emir to hold the Gulf Sum-

mit on time in Kuwait, he said that con-

sultations are now underway among

countries and (the outcome) will be an-

nounced.

On June 5, Bahrain, Saudi Arabia, the

UAE and Egypt severed their relations

with Qatar saying it supports extremists

and funds terrorism.

Kuwait’s Emir Shaikh Sabah Al Ah-

mad has been mediating between the

two sides, but no breakthrough has been

achieved so far.

The summit is scheduled to take place in December

in Kuwait City.

able to have this service due to

the fact that they are not regis-

tered on the Tagat program,” said

Al-Jehani.

Human Resources Expert

Waad Al-Aboud said many wom-

en are ignorant about their rights

under Labor Law.

“The Labor Office should

take a proactive role in creat-

ing awareness about employees’

rights and responsibilities. The

Labor Office should simplify its

laws and use infographics and

short videos to create awareness

through social media,” said Al-

Aboud.

The third phase of feminiza-

tion targets shops selling ladies

perfumes, shoes, bags, stockings

and ready-made garments.

Kiosks selling women acces-

sories will also be fully feminized

in addition to sections in malls

and supermarkets which sell

clothes and other women acces-

sories.

The phase also includes in-

dependent small shops which

sell wedding dresses, abayas, gar-

ments, child-care and other ac-

cessories.

Pharmacies in malls which

sell cosmetics and make-up ac-

cessories will also be feminized.