Hi Rajaryan, this is what I received from my lawyer:
"At this point, especially with the holidays approaching and reduced hours at the Embassy, we do not expect that you will receive your work permit by December 28. As such, you should take any steps that you need to take with respect to your Saudi documentation."
I have to cancel the exit-entry visas now to avoid the penalty.
I will need to be more patient and hold on till January.