Latest news with #SR250
Saudi Gazette
21-05-2025
- Business
- Saudi Gazette
HR Ministry proposes revised penalties for Labor Law violations
Ministry of Human Resources and Social Development, Ahmed Al-Rajhi, violations and penalties, Istithlaa Saudi Gazette report RIYADH — The Ministry of Human Resources and Social Development has proposed revision of the penalties for violations of Labor Law and its executive regulations. Minister of Human Resources and Social Development Ahmed Al-Rajhi has decided to update the list of violations and penalties, based on the new amendments to the Labor Law and its executive regulations. The Ministry published the table of violations and penalties on the Istithlaa public survey platform, seeking the opinion of the stakeholders and the public before implementing the new proposals. The ministry noted that this update aims to clearly and precisely define violations for both establishments and inspectors, reducing the need for discretion and personal judgment in implementing regulations across different categories of companies and establishments. These updates help address ongoing changes in the work environment, such as flexible work and remote work. The clarification of penalties provides transparency, encouraging establishments to comply with regulations and ensuring the rights of both workers and employers. The table published by the ministry includes a wide range of violations, ranging from serious to minor. The fines imposed vary based on the establishment's classification into one of three categories: establishment with 20 or less than 20 workers; 21 to 49 workers; and 50 or more workers. The violations are also classified as serious and minor. The following are the fines for various serious Labor Law violations: 1- SR200,000—SR250,000 for practicing the activity of recruiting, outsourcing, or providing labor services without a license. 2- SR200,000 for employing Saudis without a license 3- SR10,000 for an employer for hiring a non-Saudi worker without a work permit. The fines will be multiplied on the basis of the number of workers. 4- SR2,000—SR8,000 for employer for hiring non-Saudi workers in professions or activities restricted to Saudis, or registering a Saudi worker without a valid employment relationship. 5- SR10,000—SR20,000 for an employer allowing his employee to work for a third party or for their own account. 6- SR5000 for an employee working for another employer. 7- SR1,500—SR5,000 for the employer if he fails to comply with occupational safety and health regulations. 8- SR1,000 for employing a worker under the sun or in adverse weather conditions without taking precautions. 9- SR1,000—3,000 for the employer's failure to bear the fees and costs required or to pass them on to the workers 10- SR300 for the failure to pay workers' wages and entitlements on time or withholding wages, which may be multiplied by the number of workers. 11- SR1000—SR3000 for any discriminatory action by an employer. 12- SR1000—SR3000 for failure to form a committee to investigate behavioral violations, as well as for failure to investigate and recommend disciplinary action within five days, or failure to impose disciplinary action within 30 days 13- SR1,000 to 2,000 for employing children under the age of 15 14- SR1,000 for keeping worker's passport or residency permit. 15- SR3000—SR5000 for failure to facilitate the tasks of supervisors and employees assigned to supervision 16- SR1,000—3,000 for failure to comply with the regulations for advertising job vacancies and conducting interviews 17- SR1000 for failure to provide maternity leave for working women 18- SR500 for failure to provide services and facilitate arrangements to enable people with disabilities to perform their work. Fines for the non-serious violations include the following: 1- SR1000—SR3000 for failure to grant the worker the approved weekly rest period, or increasing work hours without additional payment, or failing to adhere to daily rest periods 2- SR1000—SR3000 for employer's failure to provide a worker with a service certificate and return their documents after the termination of the employment relationship 3- SR300—SR1000 for failure to provide medical insurance for the workers and their family members. 4- SR300—SR1000 for failure to disclose information about operation and maintenance contracts with government agencies or establishments in which the state holds a minimum 51 percent stake or disclosure of incorrect or incomplete information 5- SR1000 for employing Saudi male workers in activities restricted to Saudi female workers.
Zawya
01-05-2025
- Business
- Zawya
Saudi Arabia raises white land tax to 10%, introduces annual levy on vacant properties
RIYADH — Saudi Arabia has approved amendments to its White Land Tax Law, raising the annual levy on undeveloped land from 2.5% to 10% of its value and introducing, for the first time, an annual tax on long-vacant properties without justified use. The changes, passed during Tuesday's Cabinet session, are aimed at boosting property development and increasing housing supply, as the government works to address rising real estate prices. The Ministry of Municipal and Rural Affairs and Housing announced plans to offer housing units across various regions in partnership with private developers, priced between SR250,000 and SR1.2 million. The initiative targets raising Saudi homeownership to 66% this year, according to Minister Majed Al-Hogail during a recent government press conference. The amendments also unify the tax application stages, with the annual tax now covering individual or combined landholdings of 5,000 square meters or more within designated urban zones. Previously limited to residential and commercial land, the scope has expanded to include any undeveloped land suitable for development. Regulations for white lands will be issued within 90 days, while rules governing vacant property taxation are expected within a year. Minister Al-Hogail acknowledged the sharp rise in real estate prices in Riyadh but noted that Crown Prince Mohammed bin Salman had issued swift and firm directives to ensure property prices align with industrial, agricultural, commercial, and housing growth. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Saudi Gazette
01-05-2025
- Business
- Saudi Gazette
Saudi Arabia raises white land tax to 10%, introduces annual levy on vacant properties
Saudi Gazette report RIYADH — Saudi Arabia has approved amendments to its White Land Tax Law, raising the annual levy on undeveloped land from 2.5% to 10% of its value and introducing, for the first time, an annual tax on long-vacant properties without justified use. The changes, passed during Tuesday's Cabinet session, are aimed at boosting property development and increasing housing supply, as the government works to address rising real estate prices. The Ministry of Municipal and Rural Affairs and Housing announced plans to offer housing units across various regions in partnership with private developers, priced between SR250,000 and SR1.2 million. The initiative targets raising Saudi homeownership to 66% this year, according to Minister Majed Al-Hogail during a recent government press conference. The amendments also unify the tax application stages, with the annual tax now covering individual or combined landholdings of 5,000 square meters or more within designated urban limited to residential and commercial land, the scope has expanded to include any undeveloped land suitable for for white lands will be issued within 90 days, while rules governing vacant property taxation are expected within a Al-Hogail acknowledged the sharp rise in real estate prices in Riyadh but noted that Crown Prince Mohammed bin Salman had issued swift and firm directives to ensure property prices align with industrial, agricultural, commercial, and housing growth.
Zawya
29-04-2025
- Business
- Zawya
Housing minister expects moderate real estate prices in Riyadh
RIYADH — Minister of Municipalities and Housing Majed Al-Hogail said real estate prices in Riyadh are expected to moderate and align with citizens' purchasing power. He attributed this progress to the direct oversight of Crown Prince Mohammed bin Salman, whose directives are actively working to stabilize prices and accelerate housing development. Speaking at a press confrence on Monday, Al-Hogail confirmed that new regulations on white land fees will be issued soon as part of broader sector reforms. 'The Crown Prince's donation of SR1 billion to support eligible families in securing homes reflects the leadership's commitment to ensuring dignified living,' he said, adding that the donation is in addition to ongoing and upcoming projects. Al-Hogail revealed that between 60,000 and 70,000 new housing units will be introduced in Riyadh to meet demand, with additional units planned across other regions. In Riyadh, prices will start at SR250,000 after subsidies. 'We ensure that our activities focus on two key priorities: localization and job creation,' he added. The minister emphasized the transformation of Saudi cities into balanced and sustainable urban environments. 'We've worked to redefine the city as a space that meets the aspirations of residents and ranks among global standards,' he said. He noted that over six Saudi cities have been officially classified as smart cities, and efforts are underway to increase public space access for residents within an 800-meter radius by 61% before the end of the year. The ministry has activated a city monitoring center to track service delivery, reduced license issuance times to under 48 hours, and achieved a report closure rate of more than 94%. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Saudi Gazette
29-04-2025
- Business
- Saudi Gazette
Housing minister expects moderate real estate prices in Riyadh
Saudi Gazette report RIYADH — Minister of Municipalities and Housing Majed Al-Hogail said real estate prices in Riyadh are expected to moderate and align with citizens' purchasing power. He attributed this progress to the direct oversight of Crown Prince Mohammed bin Salman, whose directives are actively working to stabilize prices and accelerate housing development. Speaking at a press confrence on Monday, Al-Hogail confirmed that new regulations on white land fees will be issued soon as part of broader sector reforms. 'The Crown Prince's donation of SR1 billion to support eligible families in securing homes reflects the leadership's commitment to ensuring dignified living,' he said, adding that the donation is in addition to ongoing and upcoming projects. Al-Hogail revealed that between 60,000 and 70,000 new housing units will be introduced in Riyadh to meet demand, with additional units planned across other regions. In Riyadh, prices will start at SR250,000 after subsidies.'We ensure that our activities focus on two key priorities: localization and job creation,' he minister emphasized the transformation of Saudi cities into balanced and sustainable urban environments. 'We've worked to redefine the city as a space that meets the aspirations of residents and ranks among global standards,' he noted that over six Saudi cities have been officially classified as smart cities, and efforts are underway to increase public space access for residents within an 800-meter radius by 61% before the end of the ministry has activated a city monitoring center to track service delivery, reduced license issuance times to under 48 hours, and achieved a report closure rate of more than 94%.
