An IMF team welcomes the move saying the new scheme aims at increasing household savings and potentially reduce remittance outflows
General Organisation for Social Insurance
Latest in General Organisation for Social Insurance
General Organisation for Social Insurance
Saudi Arabia’s new Social Insurance Law takes effect from today
Maternity benefit also starts; Female subscribers, both Saudi or non-Saudi, are entitled to maternity compensation for three months on childbirth
General Organisation for Social Insurance
Saudi Arabia announces new social insurance law, raises retirement age to 65
Saudi Arabia has made changes to maximum retirement ages for new employees
General Organisation for Social Insurance
Saudi Arabia jobs: 965,000 workers have a salary of over $2,650
Saudi Arabia sees massive increase in number of workers earning more than $2,650
General Organisation for Social Insurance
Saudi pension fund opens up for first time, says returns hit 14%
Investment arm of Saudi Arabia’s General Organisation for Social Insurance oversees $250 billion in assets
General Organisation for Social Insurance
Private sector sees surge in local workers during Q3 amid Saudisation push
Localisation percentage increases to 23.59% in third quarter of 2021, up by 0.96% compared to the previous quarter
General Organisation for Social Insurance
Saudis may work longer, pay more to fill pension fund gap
Faced with an estimated actuarial gap of $213bn at the state-controlled pension fund – the government is weighing proposals to increase the retirement age, according to sources
Abu Dhabi
Abu Dhabi’s NMC Healthcare raises full-year guidance
NMC Healthcare announced a new Saudi joint venture with the kingdom’s General Organisation for Social Insurance
General Organisation for Social Insurance
UAE healthcare firm inks deal to speed up Saudi expansion plan
NMC Health has announced the signing of definitive documents to form a joint venture in Saudi Arabia
General Organisation for Social Insurance
NMC Healthcare signs agreement to establish Saudi hospital network
At its inception, the proposed JV between NMC and Hassana will become one of the largest private healthcare operators in the kingdom
