Posted by : Aahil Shaik Sunday, September 6, 2020
Saudi Shoura Council to discuss localizing 75% of top positions in Private Sector
The Shoura Council of Saudi Arabia is about to discuss a proposal to amend Article 26/2 of the Saudi Labor Law, about determining the ratio of Saudi nationals working in the private sector companies, with a focus on Saudization of 75% on the managerial positions.
The amendment was a proposal from 2 council members with a clause that this step will urge business owners and board of directors to develop plans to attract, qualify and direct Saudi youth (men and women) and build their professional capabilities within a specified period of time. Trending : 9 Expatriate arrested in Saudi Arabia for illegal remittances
- This will facilitate the replacement of a large number of Expatriates in top positions. The General Commission in the Shoura Council will refer the report on the matter to the Social Affairs, Family and Youth Committee for discussions at an upcoming Shoura Council Session.
- The 2 Shoura Council members stressed the need of Saudization of top positions in the private sector. As per them, this step has become necessary due to availability of qualified Saudi citizens holding local and foreign degrees. See Also : Top 3 countries with more than 4 million cases of Corona virus