The number of foreign workers living in Saudi Arabia fell dramatically last year, with more than 257,000 leaving in 3Q alone, according to officlal figures released today. The General Authority for Statistics reported the drop in numbers, which was in line with forecasts that Saudi Arabia would shed 1.2 million expats over the course of 2020. The Authority's survey, which canvassed the labour force across the kingdom, also revealed a rise of 81,900 QoQ in the number of Saudis in the workplace. Saudi national employees numbered a record 3.25 million at the end of 3Q2020. The sharp de...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes