Saudi MOL: Workers can quit over wage delay
Companies and businesses should not delay workers' salaries and should pay them a month's salary when they leave for their annual vacation, according to Hattab Al-Eneizi, spokesman for the Ministry of Labor.
Lebanon's Central Bank initiative gives tech startups a boost
Seven months after Lebanon’s Central Bank announced that it would set aside USD 400 million for startups, the program is in full swing with the bank touting the initiative to encourage budding businesses and with local venture capital firms using it to fund new Lebanese technology companies.
Women-only industrial city to operate soon in Yanbu
The Saudi Industrial Property Authority (Modon) has launched a project to develop an industrial city for women workers in Yanbu, on a total area of 500,000 square meters.