Saudi Arabia
420000 jobs to open up for Saudis soon
Nearly, 4,20,000 jobs are soon likely to be on offer for Saudi citizens in an effort towards localisation, Labor and Social Development Minster Ahmed Al Rajhi said at the Saudi Budget budget 2020 conference.
Following the announcement of Saudi Budget 2020, the minister told the national media that several steps have been undertaken to localise 595,000 jobs. Of this, 175,000 jobs have already been Saudized till September 2019. Which means, 4,20,000 will open up for Saudi citizens soon.
Read: Top 10 Takeaways of Saudi Budget 2020
The minister’s comment appeared in the country’s leading media outlets. He further highlighted the launch of Future Work Company which will focus on activating “unconventional and modern work” such as distance employment, flexible work hours, freelancing and so on.
The ministry has helped improve women’s participation in the job market, which exceeded 2020 objectives and achieved 25.3% in 2019, he further noted.
Read: GCC to create over 200,000 jobs in solar energy sector by 2030
On Monday, Saudi Arabia approved one trillion and twenty billion Saudi Riyals state budget for the fiscal year 2020. The budget 2020 underlined the importance of economic transformation, in line with the kingdom’s Vision 2030, and stressed on the steps needed to execute it.
Read: Saudi Arabia Wants to Lower Unemployment. It Needs Tourists To Help
-
Artificial Intelligence1 month agoTop 5 Interesting Things AI Did This Month – September 2026 Edition
-
Economy4 weeks agoOER Magazine September Edition 2026
-
Fashion4 weeks agoLuxury Watches That Could Appreciate Over the Next Decade [2026 Auction Buyer Guide]
-
Banking & Finance2 months agoThe GCC’s 10 Richest Billionaires: Inside US$253.5 Billion of Wealth
-
Alamaliktistaad Magazines3 weeks agoAlam Al-Iktisaad Magazine September 2026 Edition
-
Banking & Finance2 months agoINVESTIGATION: What If You Bought Apple Stock Every Time You Bought an iPhone?
-
News2 months agoOPEC+ Holds Output Steady for October as Focus Shifts to 2027 Quotas
-
Artificial Intelligence1 month agoWhat the World’s Top 10 Tech CEOs Really Earn
