Saudisation: What It Means For South Asia
Authored By Wion Web Desk
Published: Sep 03, 2016, 24:08 IST | Updated: Sep 03, 2016, 24:08 IST
Here?s how the Saudi government?s move to get more locals hired will affect South Asian expatriates.
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Saudisation isn?t a new phenomenon, it?s been around in some form or the other from the mid-1990s.
Saudisation isn?t a new phenomenon, it?s been around in some form or the other from the mid-1990s.
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With 1.5 million Bangladeshis estimated to be in Saudi Arabia, that means that one in every 113 Bangladeshis live in the Arab kingdom.
With 1.5 million Bangladeshis estimated to be in Saudi Arabia, that means that one in every 113 Bangladeshis live in the Arab kingdom.
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Expatriates from Afghanistan sent back $52 million from Saudi Arabia in 2015, which means that an Afghan expatriate, on average, sent $104 last year.
Expatriates from Afghanistan sent back $52 million from Saudi Arabia in 2015, which means that an Afghan expatriate, on average, sent $104 last year.
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Hiring in the Saudi public sector won?t be affected much as it has, more or less, always been Saudi-ised with locals forming 95% of the workforce.
Hiring in the Saudi public sector won?t be affected much as it has, more or less, always been Saudi-ised with locals forming 95% of the workforce.
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Any Saudi company or shop failing to fully employ locals could face fines or even be shut down.
Any Saudi company or shop failing to fully employ locals could face fines or even be shut down.