Foreign firms have to hire Saudis in leadership positions

TRAINING: Foreign companies will have to train not less than 30 percent of their Saudi employees every year. (Courtesy photo)
Updated 03 July 2016
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Foreign firms have to hire Saudis in leadership positions

MAKKAH: Foreign companies intending to invest in wholesale and retail enterprises in the Kingdom will have to recruit Saudis for leadership positions as a precondition for receiving licenses.
These companies will have to maintain the ratio decided by the Ministry of Labor and Social Development, according to an online newspaper.
For leadership jobs for Saudis, according to conditions announced earlier this week, companies will have to create a plan and implement it for the first five years, and ensure that they will continue to implement it. These companies will have to train not less than 30 percent of their Saudi employees every year.
These companies will also have to distribute products, 30 percent of which have to be Saudi made. It has also been made mandatory to allocate at least 5 percent of their total sales for research and development within the Kingdom. But from this condition, companies with less than SR300 million investment have been kept exempted.
The general authority for investment can give exemptions as per the rules and general standards without any discrimination. It will also review that all terms and conditions are fully implemented, and the outcome of their implementation over a period of five years.
These measures are understood to have been taken to ensure employment of Saudis in senior management positions in the private sector. The government is strongly pushing to deal with the high unemployment rate among citizens.
Recently the entire communication sector, particularly mobile phone sales and maintenance, was Saudized. The program is being implemented in different phases and local manpower is also being trained.


Disappointed fans hail improved performance by Saudi Green Falcons but defeat ends World Cup dream

Updated 21 June 2018
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Disappointed fans hail improved performance by Saudi Green Falcons but defeat ends World Cup dream

  • A fan named Yousif, who watched the match at the General Sports Authority viewing tent, was happy that the game at least was close this time.
  • Saudi Arabia will face off against Egypt, who also lost their opening two group A games against Uruguay and Russia, on June 25.

JEDDAH: Saudi Arabia’s World Cup dreams were shattered after Uruguay beat the Green Falcons 1-0 in the second of the three group-stage matches. Most Saudi fans in Jeddah were much happier with the team’s performance in game two, following the resounding 5-0 defeat by host nation Russia in the opening match on June 14, but still bitterly disappointed by the loss, which means they cannot qualify for the knockout stages.

Yousif, who watched the match at the General Sports Authority viewing tent, was happy that the game at least was close this time. “Although we lost, the performance was much better than the first game with Russia. I hope we win our next match,” he said.

Nasrah, who watched the game with her two sons, said: “I was really disappointed because we played good today and nothing less than a win should have been acceptable. I am also disappointed to see the looks on my boys faces when the game ended as they were hoping for a win.”

Khalid Al-Raghbi said at least it had been a good match to watch. “We played a bit better today,” he added. “I wish we would have won but at least we performed better than our last match against Russia.”

Before the game, Ibrahim Al-Turki had been optimistic about Saudi Arabia’s chances. “We didn’t expect today’s result. I was thinking that Saudi would win by two goals, and Uruguay would score one,” he said.

The result was especially disappointing given the close result and the number of chances the Saudis had to score, said Badr, who added: “I don’t know what to tell you because we are deeply disappointed. At least if we lost with a big defeat I would say we deserved it. We had the potential but we could not score.”

Shadi Al-Ghamdi said he wished the national team’s much improved performance in their second game had been more evident in their first. “I am very proud of the players, I thought they played very well. I just wish they had played like this against Russia," he said.

Safah was less complimentary and said that the Saudi players had let their fans down, adding: “They seemed scared whenever they attempted to score any goals.”

Saudi Arabia will face off against Egypt, who also lost their opening two group A games against Uruguay and Russia, on June 25. It will be the final game in the competition for both sides, with only pride to play for, as they battle it out to see who will finish third in the group and who will be left in bottom spot.