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Mostrando entradas de marzo, 2015

SAUDISATION: A NATIONAL ISSUE.

Saudisation: A nationa l issu e by Hadi Khatib on Mar 21, 2015   Saudi Arabia’s new king, Salman Bin Abdul Aziz Al Saud will, in the coming months, be managing an important political transition. The new king has already said that jobs and stability are his two top priorities, and with unemployment currently standing at 11.8%, the two issues are linked. Saudi Arabia’s adherence to World Trade Organisation agreements in November 2005 helped to integrate the Saudi economy globally, attracting domestic and foreign investment and creating job opportunities for Saudi citizens. It forged ahead with generous government spending on massive projects encompassing education, housing, healthcare and transport while also incentivising private sector firms to provide training, education and job opportunities with a view to making the Saudi workforce more competitive. One of the Kingdom’s main strategies for targeting unemployment is Nitaqat – the Saudisation project launc...