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FINANCIAL SERVICES-
Non-Saudi workers in the local private sector will now have access to ins. coverage for their financial dues after Tadawul-listed ins. company Al Etihad inked a SAR 391 mn one-year contract with the Human Resources and Social Development Ministry to provide coverage, according to a disclosure to Tadawul. The ins. cover includes wages, unpaid dues and a return ticket to the worker’s home country.
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LOGISTICS-
Gov’t launches tender for developing 13 customs warehouses: The Zakat, Tax, and Customs Authority and the National Center for Privatization launched a tender for building and operating warehouses across the Kingdom, according to a post on X. The project includes building 12 new warehouses, renovating an existing one, and supplying equipment for 38 points of entry nationwide under a 15-year contract. Interested companies have until 14 November 2024 to express their interest and submit a request for qualification here.
