Print Edition - 2017-04-21 | MONEY
Saudi malls to hire locals only
About nine million foreigners worked in the kingdom at the end of 2015 based on official figures
Apr 21, 2017-Foreigners will no longer be allowed to work in Saudi Arabia’s numerous shopping malls, the labour ministry announced on Thursday, in the latest measure to boost employment of Saudis.
The kingdom has intensified efforts to develop more jobs for its citizens under a wide-ranging drive that began last year to diversify the oil-dependent economy. Known as Vision 2030, the plan calls for development of non-oil industries, small and medium enterprises, and a broader investment base. “The Minister of Labour and Social Development issues a decision restricting the work in malls across the kingdom to only Saudi men and women,” the ministry said on Twitter.
About nine million foreigners worked in the kingdom at the end of 2015, according to latest official figures.
Saudis have traditionally preferred jobs in the public sector, where hours are shorter and leave is longer, but the government is trying to cut its payroll. It has for years offered incentives for companies to employ more Saudis and sanctioned those which did not meet targets. In the third quarter of last year the unemployment rate for Saudi females was 34.5 pc, compared with 5.7 pc for Saudi males.
Published: 21-04-2017 09:00