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TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

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Saudi Arabia to create 40,000 jobs for its nationals

    • Job creation is part of Saudi strategy to help residents obtain high-quality jobs

    • The strategy seeks to push more Saudi nationals into the country’s labor market

    Saudi Arabia will provide 40,000 jobs to its nationals in law firms, customs clearance, real estate, the cinema sector, driving schools, technical and engineering professions, and legal advice.

    Minister of Human Resources and Social Development Ahmed Al-Rajhi said the ministry’s plan for this year targeted providing more than 203,000 jobs.

    He added that these decisions were a continuation of the ministry’s strategy of enabling Saudis to obtain high-quality jobs and providing a stimulating work environment, contributing to more Saudis working in the private sector and increasing their participation in the labor market.

    The ministry has issued a number of Saudization decisions since last year, including ones that target commercial complexes, the food and beverage industry, and education jobs in the public sector. These decisions aim to support establishments and job seekers according to organized mechanisms and set timetables while also boosting the localization of specific professions in vital sectors such as dentistry, pharmacy, engineering, and accounting.

    They also aim to target and foster quality professions, leadership, supervisory and sustainable jobs that have a high rate of growth and development, as well as jobs that require high technical skills.

    The decisions contribute to increasing the participation of nationals in the Saudi labor market and providing high-quality job opportunities for men and women.