[Bahrain] Labour Fund rule amended by royal decree

In Bahrain, a decree amending the Labour Fund rule has been ratified by the King. The move is intended to increase employment opportunities for Bahraini citizens, The Daily Tribune reports.

His Majesty King Hamad ratified and issued Law No 14 of 2024 amending Article 4 of Law No 57 of 2006 establishing the Labour Fund, following the approval of the Shura Council and Parliament. 

This amendment reportedly contributes to increasing the employment of nationals by limiting the support of the Labour Fund to companies owned by Bahrainis, in addition to providing support to help Bahrainis improve their efficiency, productivity and competitiveness in the labour market.

Source: The Daily Tribune

In Bahrain, a decree amending the Labour Fund rule has been ratified by the King. The move is intended to increase employment opportunities for Bahraini citizens, The Daily Tribune reports.

His Majesty King Hamad ratified and issued Law No 14 of 2024 amending Article 4 of Law No 57 of 2006 establishing the Labour Fund, following the approval of the Shura Council and Parliament. 

This amendment reportedly contributes to increasing the employment of nationals by limiting the support of the Labour Fund to companies owned by Bahrainis, in addition to providing support to help Bahrainis improve their efficiency, productivity and competitiveness in the labour market.

Source: The Daily Tribune