When the Business Visa will expire? An alternative would be to exit in other GCC country (Bahrain, for instance. Other option is to extend the Visa (if it is still possible). The Company's Mandoob that will hire you knows best and can do all these procedures.

If they will process your work Visa in the Philippines (under POEA/OWWA) it will be regulated under Philippine Labor law then that would entail more cost on the part of recipient's company.

Business Visa to work Visa still needs an NOC from your previous Sponsor.