SAUDI ARABIA

Cabinet stresses need to comply with coronavirus precautionary measures

April 08, 2020



Saudi Gazette report

RIYADH — Saudi Arabia is dealing with the coronavirus crisis with all transparency and clarity, the Council of Ministers stressed in a virtual session on Tuesday, Saudi Press Agency reported.

Lauding the firm preemptive measures undertaken by the authorities, the Cabinet said that the move aims to minimize socialization by 90 percent that helps prevent the spread of coronavirus.

The Council underlined the need for all individuals in the society to comply with the precautionary measures and guidelines, discern and shoulder the responsibility to enable the competent authorities in preventing the spread of infections in the Kingdom in the coming days.

They should deal with the pandemic with seriousness and stand with all firmness and determination to stop its spread.Meanwhile,
the Council approved the Kingdom’s joining the United Nations Convention on International Settlement Agreements Resulting from Mediation.

It also approved the Commercial Courts System, the Rights Guarantees System for transferred assets, and amendment of the Commercial Mortgage System.In another signification move, the Cabinet approved exempting small enterprises, which employ at least nine workers, including the business owner from paying workers' fees under certain conditions.


The exemption will apply to two expats in the enterprise, if the business owner is registered in the General Organization for Social Insurance (GOSI). The exemption will also apply to four expats if one of the workers at the enterprise and its business owner are Saudi citizens and are registered with the GOSI. The decision will be valid for three years, and will apply to four expats maximum in all cases.


April 08, 2020
7350 views
HIGHLIGHTS
SAUDI ARABIA
7 hours ago

'Saudi hospitality sector to generate SR42 billion investments and 120,000 jobs by 2030'

SAUDI ARABIA
11 hours ago

IMF forecast: Saudi economy to record 2nd highest global growth rate in 2025

SAUDI ARABIA
12 hours ago

Saudi Arabia carries out 451 flights for cloud seeding and research in 2023