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American LNG shipment docks in China for first time in a year

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American LNG shipment docks in China for first time in a year
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Saudi Arabia moves towards reducing working days, with financial compensation to mitigate impacts of Article 77

Saudi Arabia moves towards reducing working days, with financial compensation to mitigate impacts of Article 77

Saudi Arabia is moving towards reducing working hours and days over the next two years in an effort to enhance quality of life and increase employee productivity, with the possibility of cutting weekly working hours from 48 to 42 or 40 hours. According to classifications by the International Labour Organization, Saudi Arabia ranks eighth worldwide among G20 countries in terms of worker productivity, ahead of industrialized nations such as Japan, China, and India. HR advisor Bandar Al-Safir highlighted the importance of artificial intelligence in transforming the labor market, noting a decline in routine jobs and a rising demand for creative and technical roles, such as AI and cybersecurity. He also emphasized that developing skills and professional expertise improves employment prospects, and that improving compensation systems upon contract termination can mitigate economic impacts. He called for reviewing Article 77 of the labor law and linking severance pay to factors like years of experience and social status. Additionally, he stressed that soft skills, particularly emotional intelligence, have become vital in work environments. Achieving high salaries requires specialization in high-demand fields like technology and AI. Finally, he reminded that the shift toward reducing working hours aims to balance professional and personal life while boosting productivity.

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