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Saudi Arabian job creation will depend on oil revenues

Location:

SAUDI ARABIA

A major goal of Vision 2030, the kingdom’s strategic development framework, is to address persistently high levels of unemployment, especially amongst young people. Although…

Jobs will depend on the Saudi Arabian private sector

Location:

SAUDI ARABIA

Strong economic growth has provided the resources that have supported increased job creation. However, the rise in employment rates, particularly among women, is also the result…

Unlocking Egypt's SME potential will take time

Location:

EGYPT

Nurturing SME growth in Egypt.

Turkish unemployment will stagnate without fast growth

Location:

TURKEY

In conjunction with other ad-hoc government measures, employment subsidies could assist economic activity in 2017 (global conditions and political developments permitting), at the…

Workforce localisation will accelerate in Saudi Arabia

Location:

SAUDI ARABIA

However, more than half of employed Saudis work in the public sector, with their pay absorbing about 45% of the state budget. Increased employment of Saudi nationals in…

More Turks could lose jobs as COVID-19 plays out

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TURKEY

Hurriyet Editor-in-chief Ahmet Hakan has queried whether Turkey is becoming a society without class or privilege. Well-intentioned anti-crisis policies have widened inequalities…

Expats and Gulf state locals will compete for jobs

Location:

GULF STATES

As the era of high oil revenues comes to an end, the two states are planning for different economies -- with profound impacts on state-society relations and the social contract…

South African monopoly plan faces competing interests

Location:

SOUTH AFRICA

The proposed overhaul, prompted in part by populist sentiment against so-called ‘white monopoly capital’, aims to facilitate competition and open the economy to smaller…

Further Mexico rate reductions look likely

Location:

MEXICO

The move follows reports from the National Institute of Statistics on August 23 that GDP had grown by just 0.02% quarter-on-quarter in the second quarter (Q2) of 2019. With Q1…

Pandemic will force economic policy reversal in Brazil

Location:

BRAZIL

The crisis induced by the COVID-19 epidemic and social distancing measures to contain it will leave deep scars on the Brazilian economy. Still struggling to recover the ground…