By Innovation-sa on December 3, 2017 in News

The Ministry of Labor and Social Development announced that gold and jewellery shops employing expatriates will be imposed a fine of SR 20,000 for each non-Saudi employee after December 3, 2017.

Khaled Aba Al-Khail, spokesman of the Ministry of Labor and Social Development, said permanent inspectors will be appointed in malls and markets to track down violators and punish them after December 3.

The Kingdom currently has around 6,000 gold and jewellery shops with more than 25,000 employees. Despite government efforts to Saudize the sector since 2007, only about 50 percent is reported to have been nationalized till date.