Unemployment rate in Saudi Arabia drops to 4.4% in Q4 2023: GASTAT

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RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 22.44 points, or 0.18 percent, to close at 12,607.98.  The total trading turnover of the benchmark index was SR7.35 billion ($1.96 billion) as 155 stocks advanced, while 62 retreated.   Similarly, the MSCI Tadawul Index increased by 1.57 points, or 0.10 percent, to close at … Read more

Palestinian unemployment rate spikes to over 50 percent: ILO

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LONDON: Although Israel has permitted dozens of aid trucks to enter the Gaza Strip in recent days, humanitarian agencies warn that not nearly enough assistance is reaching the embattled enclave. There was a glimmer of hope on Thursday, however, when the first international relief vessel arrived off Gaza’s northern coast. The Spanish-flagged Open Arms left … Read more

Saudi Arabia’s overall unemployment rate drops to 5.1% in Q3: GASTAT

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RIYADH: Saudi Arabia has seen a noticeable increase in the participation rate of nationals in the private sector, statistics recently published by the Human Resources and Social Development System showed. The participation rate of Saudis in the private sector increased from 1.7 million in 2019 to 2.3 million this year, including more than 360,000 who … Read more