Monday 7 October 2019

#Saudi, #Oman face higher pressure to provide private sector jobs than #UAE, #Qatar | ZAWYA MENA Edition

Saudi, Oman face higher pressure to provide private sector jobs than UAE, Qatar | ZAWYA MENA Edition:

With low oil price prospects, Arab Gulf countries are expected to advance labour force nationalisation policies, yet some countries of the bloc will go in for stricter policy implementation than others, according to Fitch Solutions.

“Countries like the UAE and Qatar that are relatively wealthier, have more fiscal flexibility and smaller youth population are under less pressure to implement labour force nationalisation,” Selim Elbadri, MENA Country Risk Analyst, Fitch Solutions said at a live webinar.

“There are divergent priorities with regards to labour force nationalisation across the bloc. This why we think some countries will be stricter than others when it comes to implementation,” he said.

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