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Human Rights Commission Calls for Summer Work Ban in Saudi


Saudi Arabia : 31 July

Saudi’s Human Rights Commission (HRC) called for businesses to put the summer work ban into effect immediately, despite the fact that the ruling won’t be brought in until 2011.

Saudi Arabia’s Minister of Labour Ghazi Al-Gosaibi proclaimed in June that they would partner with other nations across the Gulf and introduce a work ban over the summer, but the implementation wouldn’t take place until next year.

Starting in 2011 employers have to give their outdoor workers a mandatory break from noon to 3pm over July and August.

Ban Al-Iban, the president of the HRC, commented publicly, stating to media on Wednesday that this rule show go into practice immediately.

Al-Iban held firm to his statement claiming that employers are only being asked to protect and value their workers, realizing that there are dangers associated with working through that heat.  He also stated that employers should create a reasonable schedule that leaves out that hot point where the sun is peaking.

Saudi’s HRC has requested that Civil Defense warn employers and site supervisors about the dangerous conditions extremely hot temperatures can bring.

Paul Holdsworth, Staff Writer, Gulf Jobs Market News
31 July

Lending Increased to Saudi Arabia’s Private Sector

Saudi banks recorded a boost in lending this June, recording their biggest gain over one month since August 2009 and nearly the highest gain since late in 2008, as shown by recent data from Jadwa Investment out of Riyadh.
June saw private sector lending rise by 0.9 per cent.
This sustained increase indicates that the banks have [...]

30 July

Oman Invests $356 million in Transportation

A recent rush of new contracts put through by the Ministry of Transport and Communications in Oman will boost spending in their transport infrastructure.  The 15 new agreements covered various aspects of infrastructure including land, air and sea and the signings in July totaled OR136.9 million ($355.9 million).
The largest portion of those investments is earmarked [...]

30 July

Research Shows 22% of Expatriates in the UAE Defaulted on Debt

Over one fifth of UAE expatriates needed to default on their credit card or loan payment during the last year, according to Datamonitor’s research
Reports stated 19.7 per cent of nationals in the UAE could not meet their debt obligations, while 22.1 per cent of foreign clients could not.
In reaction, the banks are working to [...]

29 July

CEO of BP Gets Booted Out with Million Dollar Pension

Hayward to be replaced by Minnesota native Robert Dudley but leaves with $1.2 annual pension
A recent announcement names Dudley as the new CEO of BP, relieving Tony Hayward of his stressful position as of October 1.
Hayward’s time with the company has been crowned by the recent oil spill and a fall in value of more [...]

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