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ARTICLE · 29 JULY 2015

Saudi Arabia Update - July 2015

Dentons
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Saudization is the colloquial term used to refer to Saudi Arabia's official government policy of encouraging the employment of Saudi Arabian nationals in the private sector.

Saudi ArabiaCorporate/Commercial Law
Amgad Husein
Amgad Husein
Anas Akel
Anas Akel
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LEGAL DEVELOPMENTS

Ministry of Labor Study the Market Needs

Saudization is the colloquial term used to refer to Saudi Arabia's official government policy of encouraging the employment of Saudi Arabian nationals in the private sector. The policy of Saudization is enforced and implemented through several programs and regulations in Saudi Arabia, including the Nitaqat Program.

The Ministry of Labor (MoL) announced that it is currently studying the market needs as part of its review of the delayed Nitaqat 3 proposals to raise Saudization requirements for companies in Saudi Arabia. The Council of Saudi Chambers (CSC) requested to postpone the third phase for three years in order to avoid labor shortage in several sectors, claiming it will have a negative impact on the job market.

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