With Vision 2030, Saudi Arabia has embarked on an exciting
program to transform its economy and unlock its economic power as
the largest Arab economy. At the heart of this program's
success is harnessing the potential of Saudi Arabia's young
population. Find out which issues employers in the Kingdom are
currently facing and how Saudisation is impacting the private
sector.
What issues are employers currently facing ?
Imposed quotas
Until recently, the Kingdom's economy could be characterised
as 'rentier' meaning it had high levels of public sector
employment for its national population and a dependency on one
national industry; oil. Employers in the private sector were
therefore accustomed to recruiting and bringing in large numbers of
foreign nationals to work in their establishments, across all
levels of the business. As foreign investment has grown and as the
current economic liberalisation programs develop, the focus for
Saudi workers is shifting to the