Saudi Arabia unveils nationalisation drive to boost local workforce

RIYADH, Dec 24 (Arab News): Saudi local talent participation in the workforce will receive a boost as the Ministry of Human Resources and Social Development launched a new nationalization initiative.
Effective Dec. 24, a decree has been detailed, outlining the nationalization of various professions, including sales, procurement and project management, ending the previously specified grace period, as reported in a release.
This move is part of the ministry's ongoing efforts to raise Saudi nationals' participation in the labor market and enhance their contribution to the economic ecosystem.
The ministry stated it would require a 15 per cent nationalization of sales professionals, wholesale managers and salespeople of information and communications technology equipment.
Meanwhile, the benchmark for localization of procurement professionals is 50 per cent. This position includes procurement manager and specialists, contracts and tender experts.
The decree further outlines the localization of project management professions in the first phase by 35 per cent. It includes project management specialists, business services and communications project managers.