Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- Productivity low in private sector  Join our daily free Newsletter

MENAFN - Arab News - 19/04/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - Arab News) A study carried out by the ministry of labor recently has revealed private sector employees in the nonoil sector have critically low productivity compared to countries such as china and india. the study looked at ways to help companies improve productivity and increase the number of saudis working in the private sector.

the study was discussed at a workshop in riyadh attended by representatives of 25 firms from various economic sectors.

the study revealed that while productivity slumped in the kingdom over the past decade china and india doubled their levels over the same period.

it found that economic growth rates achieved by the kingdom was based on employing more workers while the growth in china and the united states in contrast was based on increased productivity.

the study showed that the saudi economy ranks poorly in terms of best-practice indicators in comparison with the united states. it said that at its current growth rates the kingdom would not close this huge gap in the coming years.

the workshop participants discussed ways to increase the productivity of workers in the nonoil sector including construction manufacturing commerce hotels and hospitality services.

ziyad al-sayegh secretary-general for labor relations and customer services at the labor ministry said the ministry's role encompasses providing support to business owners employees and job seekers.

he said productivity is an indicator of a country's ability to mobilize human and material resources to strengthen its production of goods and services and maintain high levels of development.


Arab News

  MENA News Headlines
 Oct 23 2016 - Art for sight’s sakeMoorfields launches unique Sense of Sight competition challenging UAE artists to celebrate the gift sight, in 3D80% of vision related problems are manageable through early detectionMENAFN Press
(MENAFN Press) To mark World Sight Day 2016 in October, Moorfields Eye Hospital Dubai and Moorfields Eye Hospital Centre Abu Dhabi have launched a competition in the UAE inviting the professional ...

 Oct 23 2016 - FERG records spike in foreign currency transactions powered by tourism activityMENAFN Press
(MENAFN Press) The Foreign Exchange and Remittance Group (FERG), comprising businesses engaged in money exchange and remittances, has recorded a 10-15% increase in foreign currency exchange ...

 Oct 23 2016 - SIAL 2016 to build on AED3.7 billion deals done last year as ME imports increaseMENAFN Press
(MENAFN Press) Held under the patronage of HH Sheikh Mansour Bin Zayed Al Nahyan Deputy Prime Minister of the UAE, Minister of Presidential Affairs and Chairman of Abu Dhabi Food Control Authority, ...

 Oct 23 2016 - Abeer Medical Group expands its operations to the UAE market The group eyes additional investments across the GCC regionMENAFN Press
(MENAFN Press) Abeer Medical Group, an international healthcare provider known for establishing prominent hospitals and medical centers in the GCC region, announced today its plans to expand its ...

 Oct 23 2016 - Dubai FDI launches skills development programme to drive investment and support servicesMENAFN Press
(MENAFN Press) The Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED), in partnership with the Conway Advisory and Global FDI Association, has ...

 Oct 23 2016 - Emirati lady gives birth to quadruplets at Danat Al Emarat Hospital in Abu DhabiMENAFN Press
(MENAFN Press) An Emirati lady recently gave birth to quadruplets—three boys and a girl—at Danat Al Emarat Hospital for Women & Children in Abu Dhabi. The babies were delivered in the 31st week of ...

 Oct 23 2016 - Sharjah National Hotels expects strong fourth-quarter nearly doubling the performance of last yearMENAFN Press
(MENAFN Press) Sharjah National Hotels, which comprises a group of hotels and resorts situated in various picturesque locations in the emirate, has seen positive growth at the end of its third ...

 Oct 23 2016 - Smiles n’ Stuff Friday Promotion puts the spotlight on the creativity of Al Noor Training Centre students by showcasing their handcrafted productsMENAFN Press
(MENAFN Press) Creativity is a gateway towards self-expression and paves the way for satisfying one’s soul. At Al Noor Training Centre, creativity plays a major part in shaping its community of ...

 Oct 23 2016 - Nikki Beach Resort & Spa Dubai Hosts Kids Taster MenuMENAFN Press
(MENAFN Press) In honor of Cancer Awareness Month, the soon-to-open Nikki Beach Resort & Spa Dubai hosted a group of ladies and children from ‘Pink Ladies Dubai’ for a sneak peek tasting session of ...

 Oct 23 2016 - Arab League's General Secretary Receives Abu-GhazalehMENAFN Press
(MENAFN Press) Ahmed Abu El Gait, General Secretary of the League of Arab States, received HE Dr. Talal Abu-Ghazaleh, chairman of Talal Abu-Ghazaleh Organization (TAG-Org) at his office at the ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help