The Ministry of Labor will bar sponsorship transfers and new visas for companies in the lower end of the green (safe) zone of the Kingdom’s nationalization scheme in a bid to encourage these companies to further enhance Saudi-to-expat ratios.
The decision was also taken to prioritize services and incentives provided to companies with a healthier margin within the green zone.
One source at the ministry confirmed that halting visas and transfers onto these companies would make them hire even more Saudis in order to avail of more services through the Human Resource Development Fund (HRDF).
The HRDF helps establishments fill more vacancies through various employment channels.
“Other services to companies in the lower end of the green zone will continue as usual,” he said, adding: “The decision will push companies with sound nationalization policies to go beyond doing the bare minimum.”
Nationalization initiatives increased the number of Saudi workers in the labor market by 115 percent to more than 1.5 million, according to figures.
The ministry also tackled low wages by introducing a minimum wage of not less than SR3,000 for Saudi workers.
They also launched a wage protection program to guarantee that workers are paid on time.
The ministry had also stipulated that workers register with the General Organization of Social Insurance in order to be able to include them within nationalization figures and to ensure that they are insured.
‘Green’ push for Saudization
‘Green’ push for Saudization
Prince Sattam University to showcase innovative solutions, emerging technologies at World Defense Show
- The university’s participation is expected to enhance integration between scientific research and defense industries
RIYADH: Prince Sattam bin Abdulaziz University is to take part in the World Defense Show, organized by the General Authority for Military Industries, which takes place from Feb. 8-12 at the Riyadh International Convention and Exhibition Center.
The university’s participation in this international event marks a strategic step aimed at strengthening the role of Saudi academic institutions in the national research and development ecosystem.
The university is capable of achieving that by highlighting its applied research outputs and emerging technologies in the fields of defense and security in a way that enhances the efficiency of national industries and provides innovative, actionable solutions to address security and technological challenges.
The university will showcase at its exhibition pavilion a range of distinguished innovations developed within its premises, including artificial intelligence and robotics technologies, advanced control and monitoring systems, and intelligent surveillance systems.
The achievements reflect the university’s commitment to leveraging scientific research to serve vital national sectors, aligning with the objectives of Saudi Vision 2030 in developing national human capabilities and supporting the transition to a knowledge-based and innovation-driven national economy.
The university’s participation is expected to enhance integration between scientific research and defense industries, open new channels of collaboration with global and local institutions and companies, attract attention to the applied research produced by the university, and encourage researchers and students to engage in major national projects.
