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Daily Tribune
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Bahrain Begins New Social Insurance Protection for GCC Citizens Working Abroad
The General Organization for Social Insurance (GOSI) has announced the start of applying Article 12 of the Unified System for extending social insurance protection to citizens of Gulf Cooperation Council (GCC) countries working outside their home countries, in any other GCC member state. This move comes in line with Law No. 68 of 2006 and follows decisions made at the 23rd meeting of heads of civil retirement and social insurance authorities in the GCC countries. GOSI emphasized that this step reflects its commitment to activating shared Gulf regulations and ensuring continuous insurance coverage for GCC citizens. The aim is to protect their insurance rights and create a stable working environment. The organization also urged employers to review their insurance situations, confirm that all due contributions are paid on time, and avoid delays. Private sector employers who delay paying insurance contributions for GCC nationals working in Bahrain will face additional charges. To help explain the details of Article 12 and answer related questions, GOSI will organize an online workshop soon. The workshop link will be shared via email and GOSI's official social media pages. GOSI reaffirmed its dedication to working closely with all private sector entities to support them in fulfilling insurance obligations, benefiting both employers and insured individuals alike.
Gulf Insider
8 hours ago
- Gulf Insider
Bahrain Begins New Social Insurance Protection For GCC Citizens Working Abroad
The General Organization for Social Insurance (GOSI) has announced the start of applying Article 12 of the Unified System for extending social insurance protection to citizens of Gulf Cooperation Council (GCC) countries working outside their home countries, in any other GCC member state. This move comes in line with Law No. 68 of 2006 and follows decisions made at the 23rd meeting of heads of civil retirement and social insurance authorities in the GCC countries. GOSI emphasized that this step reflects its commitment to activating shared Gulf regulations and ensuring continuous insurance coverage for GCC citizens. The aim is to protect their insurance rights and create a stable working environment. The organization also urged employers to review their insurance situations, confirm that all due contributions are paid on time, and avoid delays. Private sector employers who delay paying insurance contributions for GCC nationals working in Bahrain will face additional charges. To help explain the details of Article 12 and answer related questions, GOSI will organize an online workshop soon. The workshop link will be shared via email and GOSI's official social media pages. GOSI reaffirmed its dedication to working closely with all private sector entities to support them in fulfilling insurance obligations, benefiting both employers and insured individuals alike.
Daily Tribune
a day ago
- Daily Tribune
Syria signs $800 mn port deal with UAE-based company
Syria signed an $800 million deal with UAE-based company DP World yesterday to develop the port of Tartus, state media reported, as the new authorities continue their efforts to support post-war reconstruction. Following the toppling of longtime Syrian ruler Bashar al-Assad in December, the new Islamist authorities have worked to reconnect the country to global companies and kickstart reconstruction after 14 years of civil war. 'In the presence of President Ahmed Al-Sharaa, an agreement was signed between the General Authority for Land and Sea Ports and DP World, valued at $800 million, as a strategic step aimed at enhancing port infrastructure and logistics services in Syria,' state-run news agency SANA said. Following the signing of the deal, DP World CEO Sultan Bin Sulayem said Syria's economy had 'significant assets, including the Port of Tartus, which represents an opportunity to transport and export many Syrian industries.' In a statement also shared by state media, he pledged to make Tartus 'one of the best ports in the world.' DP World operates dozens of marine and inland ports and terminals globally, particularly in Asia, Africa, and Europe. The Syrian civil war devastated the country's infrastructure, and the new authorities hope to use the lifting of Western sanctions to attract investments and fuel reconstruction efforts. Qutaiba Badawi, head of the General Authority for Land and Sea Ports, said the parties were 'not merely signing a technical agreement, but we are laying the foundation for a new phase of field and maritime work in Syria, repositioning ourselves on the regional and international economic map.' In May, Damascus signed a 30-year contract with French shipping giant CMA CGM to develop and run the port of Latakia. That same month, Syria signed a $7 billion energy deal with a consortium of Qatari, Turkish, and US companies as part of efforts to revive its crippled power sector.
