Welcome to the Saudi Arabia focus edition of Law Update.
One of the key markets in the Middle East and North Africa (MENA) that continues to lead from the front is the Kingdom of Saudi Arabia (KSA). As the largest country in the Middle East and the 18th largest economy in the world, the progress KSA continues to make is underpinned by its Vision 2030 that envisions developing the country as an investment powerhouse and hub that ultimately connects Asia, Europe, and Africa. Given Saudi Arabia’s significance to the regional economy, our team of experts have prepared a range of pertinent articles that provide insights into new laws, regulations, and the legal landscape in the Kingdom.
This edition will provide you with an up-to-date guide on matters such as; the framework issued by the Saudi Central Bank on IT governance, the anti-corruption landscape under Vision 2030; we also provide practical tips for dispute avoidance. This is only a snapshot; there are many more articles within the KSA focus section for you to read, which we hope you will find valuable and enjoyable.Read the edition
Under the current provisions of Omani labour law (the “Labour Law”) private sector employers are required to provide medical facilities to their expatriate employees working in Oman. For larger companies, the Labour Law imposes an additional obligation on the private sector entity to employ a qualified nurse, provide access to specialist doctors and complementary medicine. Many employers have chosen to satisfy these obligations by providing a medical insurance policy to their expatriate employees under which the insurance company pays the private hospital for treatment rendered to the insured employee. Under existing provisions of the Labour Law, Omani nationals are not often beneficiaries of a dedicated healthcare policy in the same way as their expatriate colleagues. The cost of their treatment at Government hospitals is borne by their employers, who do not, in general, cover the cost of private healthcare for their employees.
Under the new rules, Omani nationals will be entitled to a private healthcare insurance policy, affording them access to a wider range of health institutions. In respect of expatriates, the new rules are likely to impose stricter obligations on deviant employers who do not comply with the existing Labour Law requirements outlined above.
The new regulations are expected to be issued by the Ministry of Health during 2018. The effects are likely to be significant and will undoubtedly reduce the strain currently experienced by Government owned hospitals in Oman, which generally cater for Omani nationals only, by diverting existing users of Government facilities to the private healthcare sector. Recent studies show that only 9% of Omani nationals in the private sector are beneficiaries of healthcare insurance.
A further update will be published once the new rules have been brought into force.