Gold and jewellery shops that employ expatriates will be fined of SAR 20,000 for each worker after Dec. 3 when 100% Saudization of the sector comes into force.
The ministry also intends to appoint permanent inspectors in every market and mall to conduct surprise inspections and punish violators of the Saudization law.
Khaled Aba Al-Khail, the spokesman of the Ministry of Labor and Social Development, said field inspectors will track down violators and impose fines after the Dec. 3 deadline.
There are more than 6,000 gold and jewellery shops in the Kingdom that employ about 25,000 workers including expatriates. Some of them are owned by foreign investors.
Source: Saudi Gazette