Franklin Templeton has temporarily closed its Riyadh office, while the security concerns have also prompted changes to workplace arrangements across the financial sector.
The circular sets attire standards for male and female employees, prohibits inappropriate clothing and makes compliance part of annual performance evaluations.
The proposal sought to replace the existing fixed additional fee of BD500 for a two-year work permit issued outside an establishment’s Bahrainisation quota with a progressive charge, based on the foreign worker’s average monthly salary.
The framework aims to help governments and institutions harness increasingly autonomous AI systems responsibly to anticipate change, strengthen resilience and make more informed decisions.
Thermo Fisher Scientific’s APMEA HR head, Somya, discusses how companies can bridge future skills gaps through AI, cross-industry expertise, experiential learning and industry-academia partnerships.
