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Saudi Arabia has one of the fastest growing populations in the world. [29] The majority of migrant workers in Saudi Arabia come from South Asia. [29] Although migrants constitute 33% of the total population, they represent 56.5% of the total number of employees and 89% of the employees active in the private sector. [29]
In accordance with the Saudi Arabia Central Department of Statistics and Information (CDSI), unemployment rates of Saudi nationals decreased to 11.7% in 2015. It was 5.9% among men and 32.5% among women. [1] Saudi Arabia introduced the Hafiz program in 2011 which have benefited a million unemployed Saudis nationals.
Foreign workers in Saudi Arabia (Arabic: العَمالَة الأَجْنَبِيَّة فِي السَعُودِيَّة, romanized: al-ʿamālah al-ʾāǧnabīyah fī as-Saʿūdīyah), estimated to number about 9 million as of April 2013, [1] [failed verification] began migrating to the country soon after oil was discovered in the late 1930s.
Riyadh, the financial center of Saudi Arabia. The economy of Saudi Arabia is one of the top twenty economies in the world and is one of the largest economies in the Arab world and the Middle East. [64] Saudi Arabia is part of the G20 group of countries. [65] With a total worth of $34.4 trillion, Saudi Arabia has the second most valuable natural ...
This financial support comes as a response to the increase the costs of electricity and petrol as well as the imposing of VAT on many products. [2] In December 2017, immediately before the programme began, more than 3.7 million households had registered, representing 13 million people, or more than half the population. [3]
Saudization (Arabic: السعودة), [1] officially the Saudi nationalization scheme and also known as Nitaqat (Arabic: النطاقات), is a policy that is implemented in the Kingdom of Saudi Arabia by the Ministry of Labor and Social Development, which requires companies and enterprises to fill their workforce with Saudi nationals up to certain levels.
The Human Resources Development Fund (HRDF) [1] is a Saudi governmental authority that was established by a royal decree in July 2000. [2] It falls under the Saudi Ministry of Labor and Social Development. [3] HRDF is mainly concerned with providing financial support to organizations that train and qualify Saudis in the private sector. [4]
Saudi Arabia expelled 40,000 Pakistani workers within four months at the end of 2016 and the early part of 2017, citing security concerns. [ 9 ] Abdullah Al-Sadoun, chairman of the security committee of the Shoura Council, asked for Pakistani citizens to be scrutinized before being allowed to come into Saudi Arabia.