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001122334455554433221100

saudi arabia's labor market transformation drives economic diversification and job creation

Saudi Arabia's labor market is undergoing a significant transformation, driven by government initiatives aimed at reducing oil dependency and boosting employment in sectors like construction, technology, and tourism. With record contract awards in construction and a surge in foreign investments, the Kingdom is creating thousands of jobs, particularly for its nationals, while also enhancing workforce participation among women. Despite progress, challenges remain in bridging skill gaps and ensuring sustainable employment opportunities as the nation strives to meet its Vision 2030 objectives.
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