Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Saudi Publicly Traded Firms to Pay Two Month Bonus, SPA Says

Saudi companies listed on the Tadawul All Share Index, including Sabic and Al Rajhi Bank, will pay their staff two months pay in bonuses in line with a royal decree covering Saudi civil servants, the Saudi Press Agency reported.

Companies include Kingdom Holding Co., Samba Financial Group, Saudi Telecom Co., Saudi Electricity Co., Saudi Real Estate Co., Saudi Arabian Mining Co. and Eastern Cement and the Saudi Investment Bank, SPA said. They also set a minimum wage of 3,000 riyals ($800) a month for all Saudi employees, it said.

Saudi King Abdullah yesterday ordered new wage bonuses for civil workers as part of a $93 billion financial package, including $67 billion on housing and funds for the military and religious groups that backed the government’s ban on domestic protests.

Some companies will speed up the hiring of Saudi nationals in line with the king’s instructions, the news service added, without naming the companies.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.