Mourad Haroutunian – May 30, 2011 1:14 PM AT
Companies will be given five months to adjust their positions after the start of the program, which aims to cut unemployment among Saudi nationals, the newspaper said.
Around half a million Saudi nationals are unemployed, the newspaper said, citing recent statistics.
The eight million expatriates in the kingdom annually send an estimated 100 billion riyals ($26.6 billion) home in remittances, Faqih told Al Watan.
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