Government to provide cash incentives for private sector to hire Saudis

The program was aimed at improving skills and readying the Kingdom’s population for the future. (AN photo by Essam Al Ghalib)
Updated 16 January 2019
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Government to provide cash incentives for private sector to hire Saudis

  • The labor minister announced the initiative on Tuesday

JEDDAH: The government will contribute to the wages of Saudis employed in the private sector, one of several incentives to motivate the hiring of nationals and increase their participation in the labor market.

Saudi Minister of Labor and Social Development Ahmad Al-Rajhi announced the initiative in Riyadh on Tuesday.

Al-Rajhi, who is also chairman of the Governing Council of the Human Resources Development Fund (HRDF), said the program was aimed at improving skills and readying the Kingdom’s population for the future. 

Saudi Arabia has restricted certain jobs to Saudis and pressed companies to employ higher ratios of nationals to foreign workers. 

Its Vision 2030 reform plan wants to cut unemployment from 11.6 percent to seven percent and to increase women’s participation in the workforce from 22 percent to 30 percent.

Under the ministry’s program the minimum monthly wage to be supported is SR4,000 ($1,066) and the maximum is SR10,000. 

 


Sharm El-Sheikh main road named after King Salman

Updated 26 April 2019
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Sharm El-Sheikh main road named after King Salman

SHARM EL-SHEIKH, Egypt: The main road in the Egyptian Red Sea resort town of Sharm El-Sheikh has been named after King Salman, the Saudi Press Agency reported on Thursday.

Maj. Gen. Khaled Fouda, governor of South Sinai, made the announcement during a ceremony to mark the 37th anniversary of Sinai Liberation Day.

Saudi Arabia’s Ambassador to Egypt Osama Nugali, who is also the Kingdom’s permanent representative to the Arab League, participated in the event.

Nugali thanked President Abdel Fattah El-Sisi for bestowing the honor on King Salman.