Unemployment among Saudi citizens falls to 7.1% in Q2Unemployment among Saudi citizens dropped to 7.1% in the second quarter, down from 7.6% in the previous quarter. The overall unemployment r...
30 Sep, 2024, 01.31 PM IST
Gold eases as firmer dollar counters bets of Fed pauseGold prices fell as the dollar strengthened by 0.2% due to a strong U.S. payrolls report. U.S. gold futures decreased 0.3%, and spot gold d...
05 Jun, 2023, 07.51 AM IST
Saudi unemployment falls to 9.7% in Q2The rate of joblessness among citizens fell from 11.3% in the second quarter of 2021, and eased 0.4 percentage points quarter on quarter ac...
29 Sep, 2022, 05.34 PM IST
UAE to introduce unemployment insurance in latest economic reformInsured workers would receive some money for a limited time period if made unemployed, UAE Prime Minister and Vice-President Sheikh Mohamme...
09 May, 2022, 07.31 PM IST
Saudi unemployment unchanged at 11.3% in Q3Unemployment among Saudi citizens remained at 11.3% in the third quarter, unchanged from the previous three months, official data showed on...
20 Dec, 2021, 02.27 PM IST
Saudi non-oil sector employment rises amid steady growth: SurveyThe seasonally adjusted IHS Markit Saudi Arabia Purchasing Managers' Index (PMI) stood at 56.4 in June, unchanged from May, maintaining its...
05 Jul, 2021, 11.06 AM IST
Saudi unemployment down to pre-pandemic levels in Q1 as economy reboundsSaudi Arabia has been pushing through economic reforms since 2016 to create millions of jobs and aims to reduce unemployment to 7% by 2030,...
30 Jun, 2021, 12.51 PM IST
How rich is Saudi Arabia? Kingdom does the math in balance sheet overhaulSaudi Arabia's Crown Prince and de facto ruler Mohammed bin Salman has put Public Investment Fund (PIF), Saudi Arabia's main sovereign weal...
23 Feb, 2021, 01.22 PM IST
Coronavirus frustrates Saudi women's push for financial independenceWomen in the United States and Europe have taken an outsized hit from the wave of unemployment caused by the coronavirus, but for women in ...
04 Jun, 2020, 11.52 AM IST
Saudi Arabia to ban foreigners from slew of hospitality jobsAs Saudi Arabia tries to develop its fledgling tourism industry, it’s also tackling citizen unemployment, which hit a high of nearly 13% la...
29 Jul, 2019, 08.19 PM IST
Saudi Arabia could review expat fees as economy feels the stingThe tax forced hundreds of thousands of expats to leave the kingdom, hitting the economy hard.
10 Dec, 2018, 06.30 AM IST
Why expatriate workers are leaving Saudi Arabia in drovesAs companies struggle with slower business and authorities impose more fees on foreigners, the biggest Arab economy is losing some of its a...
10 Jul, 2018, 10.57 AM IST
Unemployment among Saudis hits record 12.9% as private firms struggleThe figures underlined the difficulties which the government faces as it pushes through reforms to reduce the economy's reliance on oil exp...
05 Jul, 2018, 03.26 PM IST
Saudi Arabia bars foreigners from mall jobs to help citizensThe decision is expected to generate about 35,000 jobs, and companies will be given sufficient time to deal with foreign labor contracts.
21 Apr, 2017, 10.11 AM IST
India hopes to stall Saudi Arabia labour lawThe Centre has decided to send a ministerial delegation headed by overseas Indian affairs minister Vayalar Ravi to hold talks with the Saud...
03 Apr, 2013, 03.35 AM IST
- Sack expats first, then locals: Saudi govt to cos
In a move that may affect hundreds of expatriates, including Indians, Saudi Arabia has asked all companies in the kingdom to fire foreigner...
26 Jan, 2009, 01.54 AM IST
- Sack expats first, then locals: Saudi Arabia to companies
In a move that may affect hundreds of expatriates, including Indians, Saudi Arabia has asked all companies in the kingdom to fire foreigner...
25 Jan, 2009, 05.27 PM IST