The scheme provides a social safety net for citizens and residents while ensuring that they have a decent life until alternative employment arises
The kingdom has its lowest unemployment rate in two decades and has managed to keep inflation at 3 per cent
Bitcoin dropped as much as 0.8 per cent to $19,591 on Sunday and was little changed as of 7.50am in New York
Citizen unemployment peaked at over 15 per cent at the height of the pandemic in mid-2020 and has since fallen almost every quarter
Unemployment among Saudi nationals hit a record high of 15.4 per cent last year
By shifting from social welfare to social investment, governments can deliver more effective services
For every light purchased for Dhs10 as part of the campaign, one meal is provided to someone in need
The exodus comes after more than 277,000 expats left their jobs in the fourth quarter
Ahmed bin Suleiman al-Rajhi is the third minister to hold the labour portfolio since 2015
The Kingdom introduced the Hafiz programme last year, which pays unemployed nationals up to SAR2,000 a month.