Riyadh Saudi Arabia, First Published Dec 22, 2021, 11:59 PM IST
Riyadh: The number of local and female employees in the private sector is on the rise in Saudi Arabia due to the beating of foreigners. Indigenization Saudization) projects are proof of this. The number of expatriates working in the private sector has increased to 19 lakh this year.
There are several schemes being implemented in the country to promote indigenization. According to the Ministry of Human Resources and Social Development, the number of expatriates working in the private sector has increased to 19 lakh this year. This is the first time that the number of Saudi workers in the private sector has increased so much. In addition to cafes and restaurants, the localization of medicine, pharmacy, dentistry, engineering, and accounting has played a key role in achieving this goal.
Setback for expats; Indigenization in more employment sectors
Riyadh: Saudi Arabia will soon announce plans to implement Saudization in more jobs, raising concerns for foreigners who depend on it for their livelihood. Under Secretary, Ministry of Human Resource Development, Saudi Arabia and Women’s Empowerment, NG. This was revealed by Majid al-Duhawi. Saudiization will be mandatory in areas including media, consultancy and entertainment.
The full economic indicators are promising in terms of providing employment to the natives. Vision 2030 has begun to deliver project results. The employment share of Indigenous women has risen to over 34 per cent. In this regard, the Vision 2030 project target has already been surpassed. Saudiisation of the private sector has increased from 21.5 percent to 23.6 percent in one year. The Ministry of Manpower and Social Development has announced a roadmap for several Saudiisation decisions this year. The revised Nitakhat has also started. He said the move would increase Saudiisation in the private sector in the coming years. Majid al-Duhawi said.
Last Updated Dec 22, 2021, 11:59 PM IST
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