Over million expatriates expected to leave Saudi Arabia
As many as 1.2 million foreign workers are expected to leave Saudi Arabia's job market this year, following around 300,000 expat workers who have already left the kingdom in 2020, according to a report.
The figures, released by Jadwa Investment Company also show that between 22 April and 3 June, a total of 178,000 applications were made to the "Awdah" service, which facilitates the departure of foreign workers.
The Jawda report added that the hospitality, restaurants, food services, administrative, travel and security industries will be most affected by the departures.
Despite the expat exodus, unemployment rates among Saudis are expected to remain largely unchanged at 12 percent by the end of the year, according to Saudi media reports.
Amid the coronavirus pandemic, Saudi Arabia has struggled to contain the virus amid a serious spike in daily cases and deaths since authorities began easing a nationwide lockdown in late May.
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The pandemic has also thrown Riyadh's ambitious economic plans into jeopardy, with significant cuts set to affect programmes and projects which form part of Crown Prince Mohammed bin Salman's reform initiative to reduce the kingdom's dependency on oil - known as Vision 2030.
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