GOSI


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AcronymDefinition
GOSIGeneral Organization of Social Insurance (Saudi Arabia)
GOSIGlobal Outsourcing and System Integrator (software consulting)
References in periodicals archive ?
Applicants will be required to work until August 31, said a Gosi statement.
Applicants who register with the Early Retirement Scheme will be required to work until the 31 st of August, 2019, said a GOSI statement.
GOSI, one of the largest pension funds in the world by assets under management, will own (through a wholly-owned subsidiary) a 47% stake in the JV through its contribution of its 38.88% stake in the Tadawul-listed National Medical Care Company (Care) at SAR 54.00 per share.
NMC Healthcare will control 53 per cent of the venture, while Gosi's stake will total 47 per cent.
Furthermore, GOSI, one of the largest pension funds in the world by assets under management, will own (through a wholly-owned subsidiary) a 47% stake in the JV through its contribution of its 38.88% stake in the Tadawul-listed NMC Company at SAR 54.00 ($14) per share.
The joint venture is formed by NMC's contribution of its five assets in Saudi Arabia and SR250 million ($66 million) of additional cash injection by NMC at closing, and Gosi and Hassana's contribution of their 38.88% stake in Tadawul-listed National Medical Care Company (Care) at a price of SR54 per share.
Saad Al-Fadhli, chief executive of Hassana, GOSI's asset-management arm, set out the rationale for the program: "This partnership is driven by our view that the education market in Saudi Arabia is one of the most attractive growth markets over the long-term.
According to GOSI, a work injury is one that occurs to the subscriber during work or due to work.
This benefit will become available to all Saudi national employees who are registered with GOSI and who are under the age of 59 when the Draft Law is implemented.
Kim was speaking on the sidelines of the inauguration yesterday of a new Bin Hindi Informatics Samsung Experience Shop at Gosi Complex.
For instance, Saudi General Organization of Social insurance (GOSI) requires Nationals working in the country to pay a charge of 9% on their monthly salaries, a factor that acts as a significant deterrent for many young nationals to work in the Kingdom.
The ministry found out that 47,000 Saudis registered as private sector employees at the General Organization of Social Insurance (GOSI) are in fact not working in the private sector.