Search Site

Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

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.