INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Saudi hiring of foreign domestic workers leaps up 15%

Figures also show that 46.6% of employees have received training on health and safety procedures.
  • New contracts for workers in domestic-facing roles exceeded 76,000 in December 2021, compared to 69,000 in November and 65,000 in October
  • Bangladesh topped the list of countries of workers recruited into Saudi Arabia during the month of December with more than 12,000 contracts

Saudi Arabia has recruited more than 75,000 overseas domestic workers in December 2021, a fifteen percent jump in the hiring, according to official figures released by the kingdom.

New contracts for workers in domestic-facing roles exceeded 76,000 in December 2021, compared to 69,000 in November and 65,000 in October.

Bangladesh topped the list of countries of workers recruited into Saudi Arabia during the month of December with more than 12,000 contracts, according to Musaned. Pakistan came second with more than 11,000 contracts, followed by India.

The figures were released by the Musaned platform of the Saudi Ministry of Human Resources and Social Development.

Saudi Arabia is utilizing Musaned platform to add several new countries to the recruitment of workers in the current year 2022, making sure they fit the Saudi family, based on several studies and criteria, including language, education level, expected recruitment costs and others.