Arab Reinsurance Company: a new dimension
Home   |   Sitemap   |   Contact us
Follow us on
UK Insurers Cautiously Willing to Underwrite Fire Safety Risks - Insurtech Foxquilt Raises $8M to Expand Small Business Offering in U.S. and Canada - Speciality Re/Insurer Convex Launches European Subsidiary With A- Rating From S&P - Debt surge in emerging markets may hurt insurance outlook: Swiss Re - Zurich Insurance Weighs Selling Some Australian Non-Core Assets - Reinsurers Face Major Claims Uncertainties, but Reap Benefits of Pricing Tailwinds - Corvus, SiriusPoint announce investment & underwriting capacity partnership - Munich Re backs energy storage systems provider ESS - Climate Change Could Force 200 Million People to Leave Their Homes by 2050 - Work of the scientific community and re/insurers needed to assess climate change: Lloyd’s - Gallagher Re Touts Advanced Integrated Reinsurance Analytics Platform - London Financial Employees Return to Offices Despite Rising Virus Cases - P/C Reinsurers Maintain Underwriting Discipline, Despite Rising Capacity: Guy Carpenter - Britain Looks to Revisit Data Privacy Regulations - WTW, Applied Systems target real-time pricing enhancements - Reinsurance environment “most attractive in a decade”: SCOR’s Launay - Willis Towers Watson’s New CEO Says It Has $5 Billion for Possible Acquisitions - Lloyd’s Reports H1 2021 Profit of £1.4B ($1.9B), with 92.2% Combined Ratio - Global Reinsurers Shoulder ‘Considerable Burden’ of COVID-19 Claims - “Inflation is the enemy of the re/insurance industry,” says Swiss Re CFO Léger - Global Reinsurance Rates, Demand to Continue Rising in 2022: Moody’s - Prudential’s Michael Koller joins MS Amlin as Chief Risk Officer - Rates need to and will harden further: Swiss Re CEO Mumenthaler - Russia’s Renaissance Insurance Plans $1 Billion IPO in Moscow: Reuters
Search Search
World News & Events
Enlarge Font Minimize Font

Saudi Arabia’s unemployment rates seen healthier in Q4 2019

Tuesday, 01 28 2020, Category: Economy, Country: Saudi Arabia
Minister of Economy and Planning Mohammad Al-Tuwaijri said that unemployment rates for the fourth quarter of 2019 are seen healthier than Q3 2019 rates, Al Arabiya TV reported.

He added that the results will be announced within weeks.

Al-Tuwaijri pointed out that the majority of jobs occupied by Saudis are in the private sector, stressing the ministry’s keenness to achieve sustainability within the workforce.

He also noted that the ministry’s key priority for 2020 entails developing the human capital to address unemployment-related challenges, through providing the right education and skills that fulfill the job market requirements.

Al-Tuwaijri further added that the ministry also prioritizes the economic diversification policy, such as including enhancing exports and manufacturing, designing long-term economic policies, as well as opening up to new sectors such as tourism and sports.

Data from the Saudi General Authority for Statistics showed that unemployment rate among Saudis dropped to 12% from 12.3% quarter-on-quarter in Q3 2019, according to data compiled by Argaam.

Source: Argaam
All copyrights reserved, Arab Reinsurance 2016 ©