Official figures released by the Saudi government say that as many as 785,000 foreign workers in the private sector have left their jobs in the last 15 months since early 2017.
The General Organisation for Social Insurance (GOSI), quoting Middle East Monitor, says the number of foreign employees dropped to 7.71 million by the end of Q1 2018, compared to 8.495 million at the end of 2016.
By contrast, Saudi employment rose to 1.76 million at the end of the first quarter of this year, compared with 1.68 million in 2016, according to the Anadolu survey.
Unemployment of foreign workers in Saudi Arabia is related to the government’s efforts to create employment opportunities for local Saudi nationals in several economic sectors, including retail, over the past two years.
The Saudi government says the Saudi citizens can only work in sectors, such as insurance, communications and transportation, with the unemployment rate of citizens in the Kingdom of Saudi Arabia reaching 12.8%.
The Saudi government will limit work at outlets to 12 activities and professions, mostly in the retail sector, to Saudi nationals alone, starting on September 11, 2018.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BAsda and Deliverect Deepen Partnership to Power Rapid Delivery Across Asda Express
SQUATWOLF’s Kuwait Flagship Store Anchors Its Regional Growth Ambitions
Global beauty icon Ulta Beauty to make Riyadh debut at Panorama Mall
/ 
For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
/ 
Why cinemas, wellness sanctuaries and cultural districts are becoming emotional infrastructure for
From bullion to boutiques, investment to immersion, Dubai Gold District marks a
NRF Vice President of Education Strategy Susan Reda forecasts 2025’s retail trends
The Dubai Duty Free (DDF) has recorded sales of $1.94 billion up
In what comes as a significant announcement, Middle East based eyewear majors
Emirati Gen Z women are seeking collaborative, culturally diverse and creatively enriching
GMG’s Everyday Goods – Retail division celebrates expansion milestone hitting 60 stores
Among several others, three key factors have fuelled the growth of homegrown
Empowering women, transforming communities: The rise of female-led businesses in Times Square Center
In its central Dubai location, Times Square Center stands not just as
Previous Article
