By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: Saudi Arabia exempting the beneficiaries of the guarantee from the housing installments for 3 months
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > Saudi Arabia exempting the beneficiaries of the guarantee from the housing installments for 3 months
News

Saudi Arabia exempting the beneficiaries of the guarantee from the housing installments for 3 months

Fesadeb
Last updated: 2020/04/11 at 8:57 PM
Fesadeb Published April 11, 2020
Share
SHARE

The Saudi Ministry of Human Resources and Social Development has announced the exemption of registrants to receive social security, orphans and people with disabilities from paying housing installments for a period of three months.

A spokesman for the Ministry of Human Resources and Social Development, Nasser Al-Hazani, said in a joint press conference today, Saturday, to present the developments of the new Corona virus crisis (Covid 19) in the Kingdom, that the ministry launched several community initiatives to confront the Corona virus, in line with government measures, support packages, support and economic stimulus.

A spokesman for the ministry revealed that one of the most important initiatives that launched our “One Food” initiative targeting families affected by foodstuffs in all regions of the Kingdom, funded by more than 37 million riyals, benefited more than 37 thousand families.

He explained that among the initiatives is the service of secondment workers through the Ajir program, which aims to take advantage of services of foreign workers as an alternative to external recruitment, and to protect enterprises during these conditions from losing work.

The Saudi Ministry of Human Resources and Social Development was issued A decision to regulate the contractual relationship between employees and employers This is based on supporting the efforts of the Kingdom of Saudi Arabia to control the consequences of the new Corona virus.

The Ministry allowed the two parties to the relationship when the force majeure was proven not to terminate the contract, but rather to suspend it, but to return to entry into force after the force majeure had ceased.

Through this initiative, the Ministry aims to protect workers in enterprises in these circumstances from dismissal and loss of contractual benefits in the employment contract, and to ensure an accessible social and economic life for them.

The initiative also seeks to protect establishments in the Kingdom by temporarily reducing operating expenses, forming new patterns of work, raising the efficiency of the labor market in the Kingdom and providing it with the necessary human resources.

Source: Saudi24news

You Might Also Like

Umuahia Children’s Centre Cries Out for Government Support as Conditions Worsen

Senate to Host National Security Dialogue as Violence Escalates Nationwide

FG Begins Overhaul of NYSC, Proposes Specialized Teachers and Medical Corps

Naira Strengthens Slightly Against Dollar in Both Official and Parallel Markets

Tinubu Inaugurates NASC Leadership, Appoints New Permanent Secretaries

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

Fesadeb April 11, 2020 April 11, 2020
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?