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Impact on Saudi Aramco Shares Buyers and the State Economy

Saudis victims

The royal government wants to bring economic development and prosperity to the country’s youth through employment in Saudi Arabia. But on the other hand millions of immigrants from Saudi Arabia, especially from India, are living in their own countries. Returning to It is true that Almighty opens the door to subsistence for His servants from nowhere. According to the media, the Saudi Ministry of Labor and Social Welfare has decided to link Saudi citizens to jobs instead of foreigners on 36,000 properties of industrial enterprises. Is. According to the media, the Ministry of Labor has implemented five relevant institutions, including the Ministry of Industry and Minerals, the Higher Institute for Technical and Professional Ranking, the Development Manpower Fund (Target) and the Saudi Chamber of Commerce and Trade.

Have signed a Memorandum of Understanding (MoU)

Now, according to the Ministry of Labor, monthly reports on the rate of Saudiization will be issued in industrial enterprises. Quarterly reports will identify barriers to highlighting performance and achieving set goals. In addition, their motivations will also be described.

It is worth mentioning here that over 12 million foreigners have been expelled from the Saudi labor market over the past three years, while in the labor market, 70 million foreign workers are reportedly linked. Nevertheless, it is said that the number of Saudis has not increased in terms of employment. Saudi Arabia Daily reports that al-Madinah reports that Saudi Arabia’s government policy and foreigners fees between 12 million between 2016 and 2019. More than 30 foreigners have left Saudi Arabia. According to the report, 80% of foreigners in the Saudi market are foreigners who should have been replaced by the Saudis, but statistics show that this has not happened. Currently there are only 1 million Saudis working in the labor market. It is also worth mentioning here that Tomson Reuters, a report-making firm, says the private sector is shy away from recruiting Saudi citizens instead of foreigners. There are several reasons. How the new policy adopted by the Ministry of Labor will have implications and how many more immigrants will return to their own country as the unprecedented increase in wages and labor cards and other fees has pushed migrants Forced to return to their country.

Six-month extension of Pakistani military chief’s tenure

Pakistan Supreme Court suspends extension of extension of service to General Qamar Javed Bajwa after requesting extension of extension of service of Pakistani military chief by self-notice The Supreme Court on Thursday issued a three-day hearing. Qamar Javed Bajwa issued a brief decision regarding the tenure of the job and announced the extension of the conditional. A three-member bench comprising Justice Mansoor Ali Shah and Justice Mazhar Mian Khel, Prime Minister Imran Khan said today there will be severe disappointment for those who want confrontation in the institutions. According to Pakistan Online, he wrote on Twitter that today is a bad day for our external enemies and internal mafia, disappointment for them. Is a day that wants the country to be volatile and collide with institutions?

Public Protests and Killings in Iraq

Public protests began in October in Iraq. Protests in Baghdad and southern Iraq have killed more than 330 people so far. It is reported that these are the largest demonstrations in the country since the fall of Saddam Hussein regime in 2003. It is reported that the protesters were demanding security forces to open the roads leading to the Um Kasar port. Roads were closed to prevent this from going. Iraq exports oil and food commodities through the port. Despite protests, routine activities are underway at the port. In addition, protesters closed several highways and bridges in the southern city of Najaf, Basra, and other areas. The situation in Iraq is not currently looking good.

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