Saudi Arabia decides to Saudize 30 percent of the accounting jobs in the private sectors

Riyadh: The Kingdom of Saudi Arabia decided to Saudize 30 percent of the accounting jobs in private sectors.

It was announced by Ahmad Al-Rajhi, the Saudi minister of human resources and social development.

Apart from it, it is also specified that Saudi accountant holding bachelor degree must get SR 6000 as their monthly salary whereas, if they are diploma holder, a remuneration of SR 4500 should be paid per



month.

Although the decision will ensure employment for Saudi citizens, it may reduce the job opportunity of expats from Asian countries especially India, Pakistan and Bangladesh.

It may be mentioned that many Middle East countries including Kuwait, Oman, Saudi Arabia are trying to increase employment opportunities for their citizens by putting caps or legislative hurdles for expats.