Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns
    Business

    Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

    Published by Uma Rajagopal

    Posted on October 22, 2024

    2 min read

    Last updated: January 29, 2026

    This image features the Carrefour logo, symbolizing the retailer's commitment to addressing concerns raised by Amnesty International regarding worker conditions at its Saudi partner, Majid Al Futtaim. The article discusses allegations of labor exploitation affecting migrant workers.
    Carrefour logo with a background of migrant workers - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:Human Rightsretail tradecompliancefinancial services

    Quick Summary

    PARIS (Reuters) -French supermarket retailer Carrefour said on Monday it is reviewing how staff are treated at

    PARIS (Reuters) -French supermarket retailer Carrefour said on Monday it is reviewing how staff are treated at Majid Al Futtaim (MAF), its Saudi Arabia franchise partner, after Amnesty International raised concerns over employees’ working conditions.

    A report by Amnesty International, published on Monday, said some staff working at the Carrefour/Majid Al Futtaim stores in Saudi Arabia were underpaid and overworked, and were especially vulnerable due to their migrant status.

    Amnesty said its findings were based on interviews and information provided by 17 men from Nepal, India and Pakistan.

    They worked in Carrefour sites in Riyadh, Dammam and Jeddah between 2021 and 2024, and nearly all are or were employed by labour supply companies and contracted out to Majid Al Futtaim.

    Following Amnesty’s alert, we immediately asked our partner MAF to conduct internal investigations among its employees and subcontractors in Saudi Arabia,” Carrefour said in a statement.

    In order to prevent potential human rights non-compliance situations within our franchise partner’s direct and indirect operations, we decided to extend our investigations to a wider scope of activities, covering all human rights requirements. To this end, an independent expert has been appointed,” it added.

    Workers told Amnesty International that they were forced to work 60-hour weeks and were at times unpaid for overtime and forced to go without rest days, in violation of Saudi labour law which limits maximum working hours to 48 per week.

    Any form of labour abuse or exploitation is unacceptable, and allegations of this nature are comprehensively investigated by the relevant authorities,” a spokesperson for the Saudi Ministry of Human Resources and Social Development said in a statement.

    Reuters has previously reported on migrant workers at other companies in Saudi Arabia going for months with unpaid wages while living in unsanitary conditions in desert camps.

    Hundreds of Indian workers sued a Saudi construction firm in 2020 over unpaid earnings after they were laid off due to the coronavirus pandemic.

    (Reporting by Sudip Kar-Gupta; Editing by Kirsten Donovan and Susan Fenton)

    Frequently Asked Questions about Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

    1What is compliance?

    Compliance is the act of adhering to laws, regulations, and guidelines set by authorities to ensure ethical and legal business practices.

    2What is retail trade?

    Retail trade involves the sale of goods and services directly to consumers, typically through stores or online platforms.

    3What are human rights?

    Human rights are the basic rights and freedoms that belong to every person, ensuring dignity, freedom, and equality.

    4What is financial services?

    Financial services encompass a broad range of services provided by the finance industry, including banking, investment, insurance, and asset management.

    More from Business

    Explore more articles in the Business category

    Image for Empire Lending helps SMEs secure capital faster, without bank delays
    Empire Lending helps SMEs secure capital faster, without bank delays
    Image for Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Why Leen Kawas is Prioritizing Strategic Leadership at Propel Bio Partners
    Image for How Commercial Lending Software Platforms Are Structured and Utilized
    How Commercial Lending Software Platforms Are Structured and Utilized
    Image for Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Oil Traders vs. Tech Startups: Surprising Lessons from Two High-Stakes Worlds | Said Addi
    Image for Why More Mortgage Brokers Are Choosing to Join a Network
    Why More Mortgage Brokers Are Choosing to Join a Network
    Image for From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    From Recession Survivor to Industry Pioneer: Ed Lewis's Data Revolution
    Image for From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    From Optometry to Soul Vision: The Doctor Helping Entrepreneurs Lead With Purpose
    Image for Global Rankings Revealed: Top PMO Certifications Worldwide
    Global Rankings Revealed: Top PMO Certifications Worldwide
    Image for World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    World Premiere of Midnight in the War Room to be Hosted at Black Hat Vegas
    Image for Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Role of Personal Accident Cover in 2-Wheeler Insurance for Owners and Riders
    Image for The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    The Young Rich Lister Who Also Teaches: How Aaron Sansoni Built a Brand Around Execution
    Image for Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    Q3 2025 Priority Leadership: Tom Priore and Tim O'Leary Balance Near-Term Challenges with Long-Term Strategic Wins
    View All Business Posts
    Previous Business PostAnalysis-Can the new CVS CEO handle the Aetna challenge?
    Next Business PostForvia clinches new supply deals with China’s BYD and Xiaomi, shares jump