Stay in the know of the industry’s movements

This week from the Kingdom: 50 more admin and HR roles became Saudi-only on 5 October; Saudi unemployment held at 6.5%, and 96.7% of jobseekers said they would take a private-sector job; tourism jobs reached 1.07 million; Alstom won a €460 million Riyadh Metro order; Riyadh Air added Heathrow flights; Humain and EY plan an AI-native outsourcing service; the 2027 pre-budget set spending at SR1.39 trillion; ACWA Power financed its Rabigh 2 plant; and Al Othaim plans 8,000 new homes. Here is what it means for employers and businesses in Saudi Arabia.

This week from the Kingdom: Ceer unveiled its first two home-built electric cars, PIF launched Tawrid to get cash to suppliers faster, ROSHN and TMG Saudi signed up to explore a 55,000-home community in Riyadh, Riyadh jumped 15 places in the global financial centres index, Saudi fintechs pulled in more than half a billion dollars in a single week, and Saudia and flynas both climbed the Skytrax rankings., the Interior Ministry warned employers of jail and fines for letting workers moonlight, and the Kingdom marked its 96th National Day. Here is what it means for employers and businesses in Saudi Arabia.