Jobless Saudis demand higher Nitaqat quotas

December 6, 2013

Nitaqat_quotas_copyJeddah, Dec 6: Jobless young Saudis have called on the Ministry of Labor to increase Nitaqat quotas at private firms and fill positions left vacant by departing illegal workers to solve the country's unemployment problem.

This comes as Minister of Labor Adel Fakeih recently announced that 250,000 Saudis have found jobs because of the rectification process.

A survey conducted by Arab News showed that many Saudis want the quotas increased, with some seeing positive signs that companies are employing more citizens.

“I've observed a noticeable rise in the number of companies looking for Saudi workers since the Labor Ministry introduced the Nitaqat program and the rectification campaign currently being implemented in collaboration with the Ministry of Interior,” Abdullah Al-Qadi, a citizen, told Arab News.

“We expect the ministry to raise the Saudization quotas in industries such as construction and contracting where very few Saudis are working even though there are huge projects under way. The contracting companies can appoint Saudis in administrative posts,” Al-Qadi said.

Another Saudi, Yusuf Sadiq, urged private companies to cooperate with the ministry by not appointing more expatriates. “Such patriotic acts will be more profitable for employers and the country. It will reduce the unemployment rate considerably,” he said.

He urged the government to provide more training and rehabilitation programs for young Saudis.

Nasser Al-Saedi, a citizen, said large companies were not helping to reduce the unemployment rate despite the government offering them massive contracts with huge concessions and incentives.

He said a tax should be imposed on expatriates for using the country's subsidized petrol and commodities. “It is logical to impose a levy on the subsidized services enjoyed by expatriate workers,” he said.

Asim Al-Masari said that expatriates have had easy access to the country's top jobs, creating the incorrect perception that Saudis are not qualified to take up these positions. He also urged the government to provide more training for Saudis because this would benefit companies and the country.

According to the Nitaqat program, the agriculture sector should have 27 percent Saudi staff, and banks 90 percent Saudis, especially if the company employs more than 3,000 workers. Crude oil production and the gas sector should have a Saudization rate of 85 percent.

Downstream industries with more than 3,000 workers should appoint 35 percent Saudis, the telecommunications sector 75 percent, the petrochemical sector 80 percent, printing and publishing 65 percent, information technology 45 percent and schools for boys 40 percent.

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News Network
April 25,2020

Riyadh, Apr 25: Saudi Arabia announced nine deaths and 1,197 new cases of the COVID-19 virus on Saturday.

Of these cases, 120 were recorded in Madinah, 364 in Makkah, 271 in Jeddah, 170 in Riyadh and 43 in Dammam.

The number of people who had recovered from the coronavirus in the Kingdom increased to 2,214 after 165 patients were reported to have recovered.

A total of 136 people have died of the disease in the Kingdom so far.

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News Network
July 20,2020

Abu Dhabi, Jul 20: The United Arab Emirates launched its first-ever interplanetary Hope Probe mission to Mars from Japan's Tanegashima Space Centre at 01:58 a.m. (local time) on Monday.

"United Arab Emirates (UAE) launches its first mission to Mars, the 'Hope Mars Mission' from Japan's Tanegashima Space Center," UAE Space Agency said on its Twitter page.

The spacecraft is expected to reach Mars orbit in about 200 days from now and then begin its mission to study the Red Planet's atmosphere, WAM news agency reported.

Once it enters Mars' orbit in the first quarter of 2021, the Hope probe will mark the UAE's 50th anniversary.

The probe will travel 493 million kilometres into space in a journey that will take seven months, and will orbit the Red Planet for one full Martian year of 687 days to provide the first truly global picture of the Martian atmosphere.

The Hope probe will be the first to study the Martian climate throughout daily and seasonal cycles. It will observe the weather phenomena on Mars such as the massive famous dust storms that have been known to engulf the Red Planet, as compared to the short and localised dust storms on Earth.

It will also examine the interaction between the upper and lower layers of the Martian atmosphere and causes of the Red Planet's surface corrosion, as well as study why Mars is losing its upper atmosphere.

Exploring connections between today's Martian weather and the ancient climate of the Red Planet will give deeper insights into the past and future of Earth as well as the potential of life on Mars and other distant planets.

The Hope Mars Mission is considered as the biggest strategic and scientific national initiative announced by UAE's President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum in 2014. The UAE will be the first Arab nation to embark on a space mission to the Red Planet in a journey that contributes to the international science community as a service to human knowledge.

The interplanetary mission is the first by any West Asian, Arab or Muslim majority country.

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Agencies
July 28,2020

Dubai, Jul 28: Abu Dhabi Commercial Bank (ADCB) (ADCB.AD) is letting go hundreds of employees, sources said, the latest in a round of lay-offs by regional banks as pressure mounts to cut costs amid lower oil prices and the coronavirus crisis.

The UAE’s third-biggest lender is laying off 400 employees, two sources familiar with the matter said, after it had committed to not cutting staff because of the crisis.

In a statement, a spokesman said ADCB had pursued efficiency over the last decade by managing out its lowest underachievers after regular reviews, while ensuring talent was deployed in high-growth areas, such as digital banking.

“A certain number of redundancies are therefore expected every year in the normal course of business,” the bank spokesman added.

The sources said the cuts would involve ADCB’s consumer business and several in top management were among those being let go. One source said the bank was looking to close 20 branches.

In March, ADCB had declared, “No employee will be made redundant during 2020 as a result of the COVID-19 pandemic.”

UAE banks have been hit by government measures to rein in the spread of the virus, forcing many businesses to shut temporarily.

Last week, Dubai’s largest bank, Emirates NBD, reported a slump of 58% in profits. In June, sources told Reuters the bank started a new round of hundreds of lay-offs.

In May, ADCB reported a fall of 84% in first-quarter net profit as it took impairments of $292 million on debt exposure to troubled hospital operator NMC Health and payments group Finablr.

It was a major lender, with an exposure of about $981 million, to NMC Health, which went into administration this year after months of turmoil following questions over financial reporting.

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