up to 3m expats could lose jobs in saudi arabia
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Up to 3m expats could lose jobs in Saudi Arabia

Arab Today, arab today

Arab Today, arab today Up to 3m expats could lose jobs in Saudi Arabia

Riyadh - Arabstoday

Up to three million expat workers will be forced to leave Saudi Arabia over the next few years under a new plan to cap their number, it was reported on Friday. The kingdom's Labour Ministry has put a 20 percent ceiling on the country’s guest workers in its latest bid to help find jobs for Saudi nationals. “The maximum number of long-term expatriate workers in the Kingdom should not exceed 20 percent of the Saudi population,” a spokesman from the ministry was quoted as saying in Saudi daily Arab News. Citing a report in the Al-Eqtisadiah business daily, it said the long-term plan would cut the number of expat workers which currently stands at 8.42m, 31 percent of the Saudi population of 18.7m. According to the new plan, about 2.9m expat workers would have to leave the kingdom, according to the ministry’s statement which came after a meeting of GCC labour chiefs. Under the country's new Nitaqat system, companies are to be labelled “green”, “yellow” or “red” depending on the number of Saudis working for them. Companies in the “yellow” category will not be able to extend their foreign employees’ work visas beyond six years while “red” companies will not be able to renew their foreign workers’ visas at all. “Green” companies will be entitled to a number of benefits, such as expedited services for foreign workers’ visas and the ability to change the job categories of foreign workers into job categories reserved for Saudis. Earlier this month, Saudi Arabia, which had a 10.8 percent unemployment rate in July, said it will begin to pay unemployment benefits for the first time from November. The government from next year also will seek to encourage the hiring of more Saudi nationals in the kingdom’s private sector, Labour Minister Adel Fakieh said in comments published by newswire Bloomberg. Separately, the ministry said it intends to launch 30 new initiatives as part of its drive to create jobs for Saudi university graduates. Fakeih said they would include efforts to develop the skills of Saudi workers, informing the private sector about qualified Saudi jobseekers and opening new opportunities for women.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

up to 3m expats could lose jobs in saudi arabia up to 3m expats could lose jobs in saudi arabia

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

up to 3m expats could lose jobs in saudi arabia up to 3m expats could lose jobs in saudi arabia

 



GMT 12:48 2016 Sunday ,27 November

Cilic, Dodig push Croatia to brink of Davis Cup

GMT 05:24 2017 Thursday ,28 December

Erdogan says 'terrorist' Assad cannot be part of Syria

GMT 12:59 2016 Saturday ,05 November

WB welcomes economic reforms in Egypt

GMT 18:40 2016 Saturday ,05 November

Egyptian GDRs in London down

GMT 10:57 2017 Wednesday ,06 December

Peru striker Guerrero has doping ban extended

GMT 17:51 2017 Tuesday ,07 March

Trump Signs New Travel Ban on Six Muslim Countries

GMT 10:30 2017 Wednesday ,06 September

Saudi Information Ministry praises media role during Hajj

GMT 15:29 2017 Tuesday ,24 January

Mind games really do help your brain

GMT 06:55 2015 Thursday ,01 October

Boston Red Sox beat Yankees

GMT 08:17 2017 Monday ,28 August

Bahrain celebrates World Humanitarian Day 2017

GMT 02:07 2017 Tuesday ,28 February

Opposition seeks Russian support at Syria talks
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday