Wisdom of Life

Tag archive of Saudi

Foreign remittances see 35 percent drop

Arab News JEDDAH: The remittances sent by foreigners to their families fell by 35 percent or SR5.5 billion during July, down from SR15.8 billion in June to SR10.3 billion in July. July marked the lowest volume of remittances in 41 months since February 2013. According to data released by the Saudi Arabian Monetary Agency (SAMA), foreign remittances this July fell 19 percent compared to July of 2015, the equivalent of SR2.4 billion. As for transfers

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Saudi lifts ban on Bangladesh workers

Star Online Report The Saudi Arabia Ministry of Labor and Social Development lifted the ban on the recruitment of Bangladeshi workers as of Wednesday, reports Arab News. The ban which was in force for the past six years excluded the Bangladeshi domestic help. Bangladesh Ambassador Golam Moshi told Arab News that this is good news for all prospective workers from the country. From now, Bangladeshi migrant jobseekers will be able to find jobs in Saudi

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50,000 Bangladeshis freed from foreign jails in 5yrs

Staff Correspondent, The Daily Star Around 50,000 Bangladeshi nationals were freed from foreign jails over the last five years, Foreign Minister AH Mahmood Ali told the parliament yesterday. As per the statistics placed in parliament, the minister said a total of 49,503 Bangladeshis were released in 20 countries between 2012 and May, 2016. The highest 18,721 Bangladeshis were released from Malaysian jails during the period, while 17,335 prisoners

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