Middle-east Arab News Opinion | Asharq Al-awsat

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Majed Al-Osaimi, general supervisor of the social development department, speaking on the initiative aimed at employing social security beneficiaries. — Courtesy photo

Registration at the Saudi ‘Citizens Account Program’ Kicks off in February

by Asharq Al-Awsat | Jan 21, 2017 | Business

Riyadh- The Ministry of Labor and Social Development in Saudi Arabia has revealed that the beginning of February will witness registration at the “Citizens Account Program” – a program that aims at limiting impact of energy prices on citizens – in a step to...

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Investors and speculators monitor stock prices on a screen at the FALCOM investment bank in Riyadh August 5, 2014. REUTERS/Faisal Al Nasser

Saudi Ministry of Labor, Social Development Determines Mechanisms to Pay Subsidies for Eligible Beneficiaries of ‘Citizens Account Program’

by Nayef Al-Rasheed | Jan 9, 2017 | Business

Riyadh – The Ministry of Labor and Social Development in Saudi Arabia has revealed that the beginning of February will witness receiving registration applications for the “Citizens Account Program”, noting that allowances will be paid to eligible families before...

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Saudi Arabia’s unemployment rate rose to 12.1 percent in the third quarter of this year [Reuters]

Saudi Arabia: Citizens Account Program Supports Private, Public Sectors Employees

by Shuja Al-Baqmi | Dec 24, 2016 | Business

Riyadh- The unified “Citizens Account Program” represents a new step on the level of guiding the Saudi subsidy to limit the influence of energy prices increase on citizens – before, the purpose of subsidy was to reduce the rise of prices and to make them affordable...