Saudi unemployment rate down to 4.4% in Q4 2023

The rate of unemployment, for both Saudi nationals and expats, decreased in the last quarter of 2023 indicating job creation in the economy

UAE jobs in demand

UAE jobs in demand 2024: Top 10 skills in shortage

Skills shortage could see organisations in the UAE, “invest significantly, as well as in a range of innovative approaches to attract the best candidates”

Saudi Arabia’s foreign reserves fell from SAR1.57tn the previous month

Unemployment for Saudis rises slightly to 8.6% in Q3

The unemployment rate for Saudis is still lower than the 9.9 per cent recorded in the same period a year ago, according to data from the kingdom

Over 6.5 million subscribe to UAE’s unemployment insurance scheme

UAE unemployment insurance scheme: MOHRE reports over 6.5 million subscribers

The scheme provides a social safety net for citizens and residents while ensuring that they have a decent life until alternative employment arises

Saudi finance chief says economy more resilient to global shocks

The kingdom has its lowest unemployment rate in two decades and has managed to keep inflation at 3 per cent


Bitcoin loses momentum on weekend with support around 2017 high

Bitcoin dropped as much as 0.8 per cent to $19,591 on Sunday and was little changed as of 7.50am in New York


Saudi unemployment falls to lowest since 2008 as economy booms

Citizen unemployment peaked at over 15 per cent at the height of the pandemic in mid-2020 and has since fallen almost every quarter

Saudi unemployment falls in fourth quarter as virus slows

Unemployment among Saudi nationals hit a record high of 15.4 per cent last year

How countries in the GCC can enhance and secure their citizens’ wellbeing

By shifting from social welfare to social investment, governments can deliver more effective services

Watch: Burj Khalifa lights up as contributions pour in for world’s tallest donation box

For every light purchased for Dhs10 as part of the campaign, one meal is provided to someone in need

Saudi unemployment rises in Q1, 234,000 foreign workers leave jobs

The exodus comes after more than 277,000 expats left their jobs in the fourth quarter

Saudi appoints businessman as new labour minister

Ahmed bin Suleiman al-Rajhi is the third minister to hold the labour portfolio since 2015

Over 1.3m Saudis On Unemployment Benefit

The Kingdom introduced the Hafiz programme last year, which pays unemployed nationals up to SAR2,000 a month.