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Kuwait eases hiring of foreign workers with these fresh changes

08:35 PM | 8 Jun, 2024
Kuwait eases hiring of foreign workers with these fresh changes

KUWAIT CITY - Foreign workers would find it easy to move to Kuwait for employment opportunities as the government has relaxed rules in this regard.

Kuwait's Public Authority for Manpower (PAM) has amended the process for the issuance of work permits, allowing companies to hire foreign workers without constraints.

Local media sources report that businesses throughout Kuwait now have the freedom to recruit overseas workers based on their operational requirements, with each work permit priced at KD150 (approximately Dh1,793).

This fresh change marks the end of the previous system, which categorized companies into three groups depending on the percentage of foreign workers they could employ—100 per cent, 50 per cent, and 25 per cent of their projected labor needs.

The implementation of the fresh regulations, effective since June 1, aims to enhance the flexibility and adaptability of Kuwait's businesses to the demands of the labor market.

The experts believe that the amended system will not only streamline access to international talent but will also help reshape the country's economic landscape.

Under the updated rules, employers are no longer required to first transfer existing manpower within Kuwait before recruiting from abroad, making the overall environment business-friendly.

Previously, companies were compelled to fulfill their labor requirements by transferring workers internally and recruiting specific portions from overseas but this employment practice invited criticism as it increased manpower wages and, subsequently, consumer prices.

To ensure labor stability domestically, the revised regulations include a revised fee structure for issuing work permits. Initially, a work permit is obtainable for KD150 and a KD300 fee is applicable for transferring a worker from one company to another within the initial three years of employment, subject to the employer's approval.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan - Pak Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 25 June 2024

Pakistani rupee rates against US Dollar and other currencies on June 25, 2024 (Tuesday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 277.5 for buying and 280.65 for selling.

Euro's buying rate stands at 293.5 and selling rate is 297.2 while British Pound rate is 348.5 for buying, and 351.45 for selling.

UAE Dirham AED was at 75.05 and Saudi Riyal at 72.95.

Currency Rates in Pakistan

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.65
Euro EUR 293.5 297.2
UK Pound Sterling GBP 348.5 351.45
U.A.E Dirham AED 75.05 75.85
Saudi Riyal SAR 72.95 73.85
Australian Dollar AUD 182.2 184
Bahrain Dinar BHD 740.58 748.58
Canadian Dollar CAD 203 205
China Yuan CNY 38.35 38.75
Danish Krone DKK 39.91 40.31
Hong Kong Dollar HKD 35.67 36.02
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.9 1.98
Kuwaiti Dinar KWD 907.74 916.74
Malaysian Ringgit MYR 59.07 59.67
New Zealand Dollar NZD 170.38 172.38
Norwegians Krone NOK 26.38 26.68
Omani Riyal OMR 723.26 731.26
Qatari Riyal QAR 76.5 77.2
Singapore Dollar SGD 72.95 73.85
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 311.53 314.03
Thai Bhat THB 7.58 7.73

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