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Saudi Civil Service: No Cost of Living Allowance for Employees Abroad

Saudi Civil Service: No Cost of Living Allowance for Employees Abroad
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Saudi Civil Service: No Cost of Living Allowance for Employees Abroad

Saudi Civil Service: No Cost of Living Allowance for Employees Abroad

The Saudi Ministry of Civil Service explained that the cost of living allowance is fully paid to the employees, who work inside the Kingdom and have employment relationship with the governmental bodies, whether legal or contractual, with their salary of the first month of the state budget.

The ministry added, in response to queries received in this regard, that the cost of living allowance is suspended for the employee during the scholarship to study abroad, and in the cases where the entire salary is stopped.

Notably, Custodian of the Two Holy Mosques King Salman bin Abdulaziz had issued a royal decree to pay a one-month cost of living allowance of about 1,000 riyals ($266.6) for citizens working in civil and military sectors for one year starting from the beginning of this year.

Meanwhile, a number of private sector companies in Saudi Arabia also paid their employees a cost of living allowance, in a gesture praised by the Saudi Ministry of Labor and Social Development.

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Riyadh Hosts Saudi-Egyptian Industrial Forum

Officials are seen at the forum on Monday. (SPA)
Officials are seen at the forum on Monday. (SPA)
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Riyadh Hosts Saudi-Egyptian Industrial Forum

Officials are seen at the forum on Monday. (SPA)
Officials are seen at the forum on Monday. (SPA)

The Saudi-Egyptian Industrial Forum kicked off in Riyadh on Monday under the patronage of Minister of Industry and Mineral Resources Bandar Alkhorayef. The forum aims to bolster strategic industrial cooperation and integration between the two countries.

Organized by the Federation of Saudi Chambers of Commerce in collaboration with the Federation of Egyptian Industries, the forum witnessed the participation of Deputy Minister for Industrial Affairs Eng. Khalil bin Salamah, Saudi Export Development Authority CEO Abdulrahman Althukair, and 300 prominent Saudi and Egyptian industry leaders and investors.

Bin Salamah underscored the significance of strengthening economic cooperation and industrial integration between Saudi Arabia and Egypt. He advocated for enhanced industrial partnerships within five priority sectors identified in the Kingdom's National Industrial Strategy: pharmaceuticals, automotive, building materials, textiles, and food industries.

He highlighted the evolving strategic integration between the two countries across initiatives like "Saudi Made,Future Factories," and "Made in Egypt," as well as in the broader goods and services sector. Bin Salamah urged Egyptian industrialists to capitalize on the industrial investment opportunities available in the Kingdom, citing its ambitious plans to establish 24,000 new factories over the next decade.

Federation of Saudi Chambers of Commerce Chairman Hassan Alhwaizy hailed the forum as a crucial milestone in Saudi-Egyptian industrial collaboration, emphasizing the strategic partnership underpinning their economic relations, particularly in the industrial sector.

Federation of Egyptian Industries Chairman Mohamed El-Sewedy stated that current global challenges are accelerating the need for industrial integration between the two countries, strengthening their partnership to tap into the African market's potential.

Saudi-Egyptian Business Council Chairman Bandar Al-Ameri highlighted the substantial growth in trade exchange between Saudi Arabia and Egypt in recent years, fueled by developing economic partnerships between their respective business communities. He emphasized that signing the agreement to protect and encourage mutual investments represents a strategic achievement serving their shared interests.