Average compensation paid to workers in Saudi private sector increased by 0.5 percent

The report also showed a 1.8 percent decrease in the total number of employees in the private sector. (SPA)
Updated 19 November 2019
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Average compensation paid to workers in Saudi private sector increased by 0.5 percent

  • The study showed that the total operating revenues in the private sector increased by 2 percent

RIYADH: A survey released by the General Authority for Statistics (GaStat) for the second quarter of 2019 showed a 1.8 percent decrease in the total number of employees in the private sector from the first quarter of the same year. It also showed that the total number of Saudi employees in the private sector decreased by 1.3 percent from the first quarter of the same year.

The survey revealed that the average compensation paid to workers in the private sector increased by 0.5 percent, and that the productivity of workers in the private sector increased by 3 percent compared to the first quarter of the same year.

The study showed that the total operating revenues in the private sector increased by 2 percent, while the total operating expenses of the private sector increased by 4.3 percent compared to the first quarter of the same year.
 


Saudi Cabinet reviews cooperation and agreements with other nations

Updated 25 February 2026
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Saudi Cabinet reviews cooperation and agreements with other nations

  • Crown Prince Mohammed bin Salman chairs meeting and briefs ministers on his recent meeting with Egypt’s President Abdel Fattah El-Sisi
  • Cooperative efforts includes projects focusing on development and education, political consultations, environmental protection, health, investment and air transport

RIYADH: Saudi Arabia’s Council of Ministers reviewed a number of domestic and international matters during a session in Jeddah on Tuesday chaired by Crown Prince Mohammed bin Salman.

The crown prince briefed the Cabinet on his recent meeting with the Egyptian president, Abdel Fattah El-Sisi, which included discussions about regional security and stability, the latest developments in the Middle East, and other topics of importance to the Arab and Islamic world, the Saudi Press Agency reported.

He also shared with ministers the contents of a letter he received from the president of Kazakhstan, Kassym-Jomart Tokayev.

The council discussed progress in cooperative efforts involving Saudi Arabia and other countries including Kyrgyzstan, Pakistan, Armenia, Turkmenistan, Estonia, Cuba and Kiribati, and approved a number of memorandums of understanding.

The cooperation includes projects focusing on development and education, political consultations, environmental protection, health, investment and air-transport services, the press agency said. Ministers also approved an agreement between the Saudi General Authority for Awqaf and its Omani counterpart relating to endowments.

They reviewed national initiatives, including one for the promotion of charitable work, and the enhancement of humanitarian and developmental efforts across the country.

A merger of the National Competitiveness Center with the Saudi Center for Economic Business to create a combined Saudi Competitiveness and Business Center was authorized.