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LaborSaudi’s Labour Ministry Says Needs $4bn Per Year For Reforms
The Kingdom has been struggling to bring down the unemployment rate among nationals – estimated at around 11.4 per cent, with economists saying that just 30 to 40 per cent of the working age adults participate in the workforce.
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MilitarySaudi Prince Miteb rules out need for military conscription
“This is out of the question because we find that the number of volunteers among citizens for joining the military sector is very high, whether to the academies or institutes” he said, when asked about the possibility of introducing conscription in the kingdom.
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ArtSaudi artist relates the human impact of Mecca’s redevelopment
Ahmed Mater, one of Saudi Arabia’s leading artists, showed an audience at Sotheby’s London last night, Tuesday 12 August, the rampant development in Mecca that has transformed Islam’s holiest site into a luxury destination. Even the official logo of the municipality features a bulldozer alongside Islamic iconography.
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Islamic StateIraq: Al-Abadi garners Iranian, US, Saudi Support: But can He Unite Iraq?
The chairman of Iran’s national security council, Ali Shamkhani, congratulated al-Abadi and said that Iran approved of the legal process whereby President Fuad Masoum appointed the new PM. This entire line of reasoning was a slap in the face to outgoing prime minister Nouri al-Maliki, who argues that Masoum acted unconstitutionally in appointing anyone but Maliki and has said he will challenge the step in the supreme court. Shamkhani appeared to caution al-Maliki and others against opposing al-Abadi, calling on “all political blocs” to abide by “the rule of law” and to unite in the face of the threat posed by an “external enemy.” Some observers believe that al-Abadi was pressed on Masoum by Iran to begin with and is now Tehran’s candidate.
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US-SaudiSaudi air force calls for $2 billion upgrade to Boeing Sentry fleet
The Pentagon notified Congress of a possible sale of five upgrade systems for the Royal Saudi Air Force’s Boeing Sentry Airborne Warning and Control Systems, which provide surveillance and command and controls communications with a 360-degree view of an area and the ability to identify and display targets more than 200 miles away.
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NitaqatSaudi Arabia seen losing expats over visa limitation
The Labor Ministry recently announced the decision, which will become effective from October 25, in a bid to encourage companies in the lowest ranking to improve their employment of Saudi nationals in the private sector.
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HousingSaudis second-biggest investors in Dubai real estate sector
DLD’s report revealed that citizens of Saudi Arabia were ranked in second place on the list of GCC real estate investment after making 1,121 transactions worth AED3,371 billion in the first half of 2014.
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Nitaqat1.5 million Saudis now work in private sector
There were almost 1.5 million Saudis employed in the private sector in 2013, an increase of more than 332,000 compared with 2012, according to data released by the Ministry of Labor.
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GazaSaudi Arabia and the third Gaza war
Saudi Arabia has remained quiet during the current Gaza war, working instead through Egypt.
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BateelSaudi food firm bets on French bread to make the dough
Saudi Arabian firm, Bateel, hopes that by providing an international flavor to their offerings they will be able to further entice customers to their branded stores and cafes across the Middle East.
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