Search Site

Trends banner

stc Group Q1 net profit up 11.05%

The Group reported a revenue of $5.12 billion.

SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Saudi Arabia to improve labor quality

  • The Ministry of Municipal and Rural Affairs and Housing for regulating city operators will start the first phase of issuing professional licenses for 16 professions
  • The major professions for which the ministry is seeking to introduce mandatory professional license in a phased manner consist of technicians, construction workers

Saudi Arabia will start giving out professional licenses from next year in order to improve the quality of its domestic labor. To begin with, sixteen professions will receive the mandatory license in a phased manner.

The Ministry of Municipal and Rural Affairs and Housing for regulating city operators will start the first phase of issuing professional licenses for 16 professions from the beginning of 2022, Okaz paper reported citing the Deputy Minister Ahmed Qattan.

The major professions for which the ministry is seeking to introduce mandatory professional license in a phased manner consist of technicians, construction workers, mechanic workers and beauty workers among others.

The ministry will start within two months the issuance of the first professional certificate for workers, to be applicable on 16 professions that have 72 sub-professions, he said.