Palestinians uncertain as FIFA, UEFA step in to save soccer pitch from Israeli demolition    House panel votes to hold Clintons in contempt in Epstein probe    Trump backs off tariffs threat, says Greenland deal framework reached    Saudi Arabia signs agreement with World Economic Forum to accelerate industrial transformation    Over 78 million faithful visit Two Holy Mosques in a month    Saudi FM meets British, French counterparts in Davos    Northern Saudi cities record coldest temperatures of winter as mercury drops to –3°C    Arab coalition condemns deadly attack on Giants Brigades commander in Yemen    Sha'ban crescent sighted Tuesday    Saudi POS transactions reach 236 million, SR4bn in one week    Al-Khateeb highlights Saudi-UN partnership to shape quality of life in future cities    122 million tourists spend SR300 billion in Saudi Arabia in 2025    Italian fashion legend Valentino dies at 93    Saudi orchestra brings 'Marvels of Saudi Orchestra' to AlUla with 107 musicians    Katy Perry makes Saudi debut at Joy Awards, praises Saudi design and hospitality    Hail wins Guinness World Record with largest off-road production cars convoy    SFDA approves registration of 'Anktiva' for treatment of bladder and lung cancer    Saudi Darts Masters 2026 to offer record $200,000 prize for nine-dart finish    Al Taawoun condemn "repeated refereeing injustice" after late penalty defeat    British boxer Anthony Joshua discharged from hospital after Nigeria car crash    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Expats transfer experiences home
Published in The Saudi Gazette on 09 - 10 - 2013


Saudi Gazette report

DAMMAM — The Ministry of Labor's status rectification campaign has obliged a large number of expatriate business owners operating under tasattur (a business defined as one where foreigners run and control a business in exchange for a monthly fee paid to the registered Saudi owner), to transfer their savings and experiences to their home countries because they are unable to rectify their status.
According to Al-Eqtisadiah business daily, these expatriates have dominated commercial activities in the retail sector such as the fruit and vegetable market, poultry, carpentry, construction, furniture, repair and maintenance workshops, clothes and tailoring, private transport and many others.
Omar Al-Shaikh, a legal Yemeni expatriate, said he benefited from the long experience he gained from working for a Saudi fish company which enabled him to establish his own private fish business under tasattur with a number of his Saudi friends. “The Saudi partners played no role in the company other than finishing governmental paperwork and making a profit from the company,” he said.
Al-Shaikh said his company was a great success and he established a number of fish restaurants.
“Through the commercial licenses of my Saudi partners, I was able to recruit some of my relatives. However, after the status-correction campaign, many of my workers had to either to leave the country or transfer their iqamas to other establishments,” he said.
Al-Shaikh said he decided to move his savings and experience to Al-Ain in the United Arab Emirates. “I will also consider pursuing the same profession in my home country,” he said.
Mohammed Qamar, an Indian, said he could no longer manage to run his curtain and decoration shop after many of his workers left because of the status-rectification campaign. “I am preparing to go back to India to set up the same business there,” he said.
Akmal Salim, a Bangladeshi security guard in Dammam said, he was able to open a fruit and vegetable store.
“I asked one of my compatriots to look after the shop which was making a lot of money. My secret partner had to leave because he could not correct his status,” he said.
Salim said he would take the money he had made to his country to open a similar shop there.
Dr. Khaled Al-Ghamdi, a specialist in small and medium enterprises, expected Saudis to make sufficient profits in the retail business after the expatriates are gone. “Saudis will take over this business, which has been dominated by expatriates for a long time,” he said.


Clic here to read the story from its source.