Dubai, UAE -- The number of employees at capital market institutions rose by 103 quarter-on-quarter (QoQ) to 5,524 by the end of the second quarter of 2023, according to the latest data from the Capital Market Authority (CMA). Males accounted for 80 percent of the employees at capital market institutions,...

The Kingdom is modernizing healthcare with national e-health initiatives, integrated plans for virtual and remote healthcare, and the implementation of AI at service provider levels.

The UAE's strategic allure for global talent through enticing policies clashes with Saudi Arabia's ambitious Vision 2030, diversifying economy and broadening talent avenues.

Since the launch of Vision 2030, the kingdom's unemployment rate has notably dropped due to economic development, job localization, and greater women participation in labor market.

As Emiratization and Saudization requirements are mandatory for all businesses operating in the region, and large expatriate workforces are also common, there are many ways that organizations could make use of technology in easing the management of the processes involved, adds Goble.

The number of Saudi nationals who got jobs in the private sector crossed 1.9 million in 2021, the highest number of citizens hired in a year.

Around 60,000 Saudi nationals were added to the kingdom's private-sector labor force under the Saudization program during the third quarter of 2021, the National Labor Observatory (NLO) has said. The percentage of Saudis in the private sector increased to 23.59 percent, up by 0.96 percent compared to the previous quarter....

Nitaqat is a nationalization scheme implemented, which requires Saudi companies to fill up their workforce to certain levels with Saudi nationals.