Saturday, November 29, 2025 | 12:51 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Saudi approves $3.1-bn plan to ease levies firms pay on foreign workers

The fees were introduced in 2018 as part of a drive to increase non-oil government revenue but have drawn fire from business owners in a country accustomed to cheap foreign labour

Saudi Arabia
premium

Riyadh skyline at night. Photo: Shutterstock

Alaa Shahine | Bloomberg
Saudi Arabia's King Salman has approved a plan to ease levies businesses pay on foreign workers to help revive economic growth.   

Authorities will exempt some companies from paying the 2018 fees or reimburse those that have already paid, according to the official-Saudi Press Agency. To qualify for the aid, businesses need to have made strides in hiring more Saudi nationals.

The fees were introduced in 2018 as part of a drive to increase non-oil government revenue -- a key goal of Crown Prince Mohammed bin Salman's economic transformation plan -- but have drawn fire from business owners in a country accustomed