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Saudi Arabia Extends Expatriate Fee Waiver for Industrial Workers Until 2025. Saudi Arabia has announced the extension of the state-funded fee waiver for expatriates working in the industrial sector until December 31, 2025. The decision was made during the weekly Council of Ministers session, presided over by Crown Prince and Prime Minister Mohammed bin Salman in Jeddah.
Saudi Arabia Extends Expatriate Fee Waiver for Industrial Workers Until 2025- Key Highlights of the Decision
The following table provides a summary of the key points related to the decision:
| Key Point | Details |
|---|---|
| Decision | Extension of expatriate fee waiver in the industrial sector |
| Effective Date | Until December 31, 2025 |
| Initial Waiver Period | From October 1, 2019, to 2024 |
| Purpose | Stimulate industrial investments and job creation for Saudis |
Background on the Expatriate Fee Waiver
In 2019, the Saudi government imposed fees on expatriate workers as part of a broader initiative to encourage the hiring of Saudi nationals. However, recognizing the critical role of the industrial sector in achieving Vision 2030 goals, the government introduced a fee waiver for expatriate workers in this sector. This waiver, originally set for five years starting from October 1, 2019, was aimed at boosting industrial investments and job creation.
The recent extension of this waiver underscores the government’s ongoing commitment to support the industrial sector, ensuring that it continues to attract investment and contribute to the Kingdom’s economic diversification efforts.
Saudi Arabia Extends Expatriate Fee Waiver for Industrial Workers Until 2025 – Cabinet’s Additional Discussions and Decisions
International Engagements
At the beginning of the session, the Cabinet reviewed several key international engagements:
- A message from the President of Senegal to Custodian of the Two Holy Mosques King Salman.
- A meeting between Crown Prince Mohammed bin Salman and the Speaker of the Arab Parliament, during which the Crown Prince was awarded the Leader’s Medal for his significant role in supporting Arab causes.
Regional and International Developments
The Cabinet discussed current regional and international developments, reaffirming Saudi Arabia’s commitment to:
- Supporting efforts to achieve a ceasefire in Gaza.
- Ending the Israeli occupation to restore the legitimate rights of the Palestinian people.
Domestic Initiatives
On the domestic front, the Cabinet highlighted Saudi Arabia’s initiatives in sustainability and environmental conservation, including:
- Expanding royal reserves.
- Protecting wildlife.
- Promoting afforestation.
- Supporting ecotourism.
Key Agreements and Memorandums of Understanding (MoUs)
The Cabinet approved several significant agreements and MoUs, including:
- Saudi Arabia and Uzbekistan: Mutual exemption from short-stay visas for holders of diplomatic and special passports.
- Saudi Arabia and China: MoU for cooperation in the cultural field.
- Saudi Arabia and Hong Kong: MoU for cooperation in justice matters.
- Saudi Arabia and Bahrain: Two MoUs focused on road safety, maintenance, and future transportation.
- Saudi Arabia and Switzerland: MoU for cooperation in tourism.
- Technical and Vocational Training: Authorization for the Minister of Education to discuss and sign an MoU with SESRIC (an affiliate of the Organization of Islamic Cooperation) for cooperation in technical and vocational training.
- Saudi Arabia and Yemen: MoU for cooperation in the fields of original crimes, terrorism and its financing, and money laundering.
Conclusion
The Saudi Cabinet’s decision to extend the expatriate fee waiver for industrial workers is a strategic move aimed at sustaining industrial growth and supporting the broader goals of Vision 2030. This decision, along with other domestic and international initiatives, reflects the Kingdom’s commitment to economic diversification, international cooperation, and regional stability.
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