Seven major private sector job groupings have achieved Saudization of more than 50 percent. While the rate across the private sector as a whole is around 25 percent, Al-Eqtisadiah newspaper reported that the finance and insurance sectors had achieved a rate of 83.6 percent. It was even named Employer of Choice for Young Saudis in 2020. “Education is seen as a challenge and an important area of focus, and to this end, the Saudi government increased education spending to upskill the local talent,” Althagafi said. “Saudization will succeed if the private and public sectors work together, as it is important that the public sector is not competitive with the private sector,” Althagafi said.

Source: Ethiopian News July 08, 2021 10:08 UTC