Posts Tagged "Middle East"

Nitaqat’s Effect on the Saudi Arabian Restaurant Industry

The Kingdom of Saudi Arabia faces a 12.2 percent unemployment rate, equivalent to that of a nation in the throes of a recession, but the Kingdom’s GDP has quadrupled: from $143 billion in 1999 to $727 billion in 2012. Non-Saudi unemployment, however, has fallen about eighty percent, meaning the jobs this booming economy creates are going to expatriates and illegal…read more →Read more...