Powering Progress: A Labour Day Tribute to Saudi Arabia's Workforce

Working in a Transforming Economy

The Saudi economy historically relied heavily on oil revenues. The private sector depended strongly on expatriate labor for decades. Vision 2030 set out to diversify the economy starting in 2016. Leaders want to shift more Saudi citizens into high-skill private-sector roles.

The Kingdom implemented strict Saudization policies to support these ambitious goals. These programs reward businesses that meet minimum Saudi employment quotas. Levies and incentives gradually rebalance the national workforce structure safely.

...[ Continue to next page ] By: Amita Kalsi