Localization program receives a shot in the arm with 178,219 firms expressing support

Saudi men attend a technical education evening class at an electrical workshop as part of a pioneering programme for extending skills, in government efforts to build a more self-reliant economy after the collapse of global oil prices, in Riyadh, in this May 2, 2017 photo. (AFP)
Updated 18 December 2017
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Localization program receives a shot in the arm with 178,219 firms expressing support

RIYADH: The Kingdom’s program “Support the growth of localization of enterprises” is making great strides, with 178,219 establishments having expressed support.
This was announced recently by Khaled Aba Al-Khail, spokesman for the Ministry of Labor and Social Development, citing the program’s latest statistics.
The ministry spokesman added that the program contributes to the realization of the Kingdom’s Vision 2030 plan, with an increasing participation by Saudis in the labor market.
Aba Al-Khail added that the program serves all establishments in the private sector, which are active members of the social insurance system administered by the General Organization for Social Insurance (GOSI).
He said that the social insurance fund contributes a percentage of the monthly social insurance contribution on behalf of the establishments whose number of employees has increased.
He pointed out that the support for employees is directed to the enterprises with the goal of stimulating the employment of Saudi nationals.
He added that the insurance fund also aims to fill the wage gap and cover the costs of placement as well as on-the-job training, among other things.
Aba Al-Khail called on all establishments in the Kingdom to avail themselves of the benefits under the program, adding that those who wish to register may enter the account of the establishment on the GOSI website.
Earlier, many respondents in the Bayt.com “Nationalization in the GCC” poll revealed that the Kingdom has effective localization policies.
A majority of KSA respondents (60 percent) believe their current workplace has effective localization policies, with 37.04 percent believing that the policies are very effective.
Fewer than one in 10 respondents believe localization policies at their place of work are not effective at all.


King Salman, Crown Prince Mohammed ‘lend new dimension to unification’

Millions of citizens plan to celebrate the Saudi national day on Sunday. (SPA)
Updated 23 September 2018
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King Salman, Crown Prince Mohammed ‘lend new dimension to unification’

  • More than 900,000 fireworks will light up the sky from 58 locations across the Kingdom

RIYADH: Saudi Arabia’s National Day, celebrated every year on Sept. 23, has come a long way in broadening the concept of unification over the years.
Though the National Day meant unifying disparate sheikhdoms under the nation’s founder, the late King Abdul Aziz, its implications across the political, socioeconomic and cultural spectrum have not been lost on successive rulers.
It was King Salman and Crown Prince Mohammed bin Salman who fine-tuned the definition of unification as an operating philosophy. This is why millions of citizens plan to celebrate the Saudi National Day on the streets on Sunday.
The capital city, along with other Saudi cities, will witness fireworks and the unfurling of the largest national flag. More than 900,000 fireworks will light up the sky from 58 locations across the Kingdom.
Car owners, limousine drivers and young Saudi motorcyclists said that they planned to go for drives, particularly on the fashionable streets of the capital city, to celebrate. Grocery shops, stationery shops and vendors were selling bunting, flags, banners and pictures of national heroes.
“We went around the city to see the lighting and fireworks,” said Saleh Al-Omri, a local pharmacist. “Green and white balloons fill either sides of Riyadh streets,” he said.
In his National Day congratulatory message, Sheikh Abdul Aziz bin Abdullah Al-Sheikh, Grand Mufti of Saudi Arabia, said: “The wise policy of the leaders of this country contributed to peace, security and stability.”
Fakhr Al-Shawaf, chief executive of Al-Bawani Contracting Co., said: “We are celebrating the 88th anniversary of our unification, a day when the late King Abdul Aziz established the Saudi nation.”
Ali Al-Othaim, a member of Riyadh Chamber’s board of directors, said: “The Kingdom is on the path of comprehensive economic and social development under Vision 2030.”
Shafik Namdar, a taxi driver, said that he had bought an SR10 flag for his car and planned to work and also drive with his friends to look at the city and its landmark buildings.
Several young boys, including Arslan, 12, and Mishal, 14, said that they had bought bunting, badges and flags to decorate their houses. They planned to celebrate with a special meal at home with relatives, before going into the city streets for dance and music. Some of them had plans to organize celebrations in public parks.