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
 Jul 1 2015 - Ban Ki-Moon Appeals for Implementing Geneva Communique on SyriaQatar News Agency
(MENAFN - QNA) Secretary-General of the United Nations Ban Ki-moon has called on to put an end to the suffering of the Syrian people and to find an exit from this madness. In a statement read by a ...

 Jul 1 2015 - UN: 137,000 Flee Across Mediterranean in First Half YearQatar News Agency
(MENAFN - QNA) Some 137,000 fled across the Mediterranean to Europe in the first half of the year, nearly double the amount seen in the same period last year, the UN Refugee Agency (UNHCR) said ...

 Jul 1 2015 - Lebanese Army Kills Five Nusra Gunmen in Arsal OutskirtsQatar News Agency
(MENAFN - QNA) The Lebanese Army killed five militants in northeastern border town of Arsal, while they were attempting to sneak between Arsal and its outskirts, the Army said in a statement ...

 Jul 1 2015 - Jordan- Cooking gas cylinders' price reduced, gasoline's price unchangedJordan News Agency
(MENAFN - Jordan News Agency) Cooking gas cylinders' price will be reduced, while fuel prices will remain unchanged through the month of July, Minister of Industry, Trade and Supply, Maha Ali, ...

 Jul 1 2015 - US to Remove Ban on Security Aid to BahrainJordan News Agency
(MENAFN - Jordan News Agency) The United States lifted its ban on sending security aid to the government of Bahrain due to progress on human rights issues, US State Department spokesperson John Kirby ...

 Jul 1 2015 - Obama offers help to TunisiaJordan News Agency
(MENAFN - Jordan News Agency) US President Barack Obama offered condolences to Tunisian leader Beji Caid Essebsi Monday, after the militant attack that killed 38 people and left the future of the ...

 Jul 1 2015 - Jordan - Moderate weather forecast until FridayJordan News Agency
(MENAFN - Jordan News Agency) The weather will be moderate on Wednesday in the hilly areas, relatively hot in the Badia, and hot in the Jordan Valley and Aqaba, with northwesterly moderate ...

 Jul 1 2015 - Jordan- The Amman Stock Exchange starts trading on higher noteJordan News Agency
(MENAFN - Jordan News Agency) The Amman Stock Exchange (ASE) opened trading on Wednesday with a rise to 2117 points compared to 2115 points of last session closure, according to market sources.The ...

 Jul 1 2015 - Israeli forces move into Deir al-BalahJordan News Agency
(MENAFN - Jordan News Agency) Israeli occupation forces on Wednesday morning made an incursion into east of Deir al-Balah in the central of the Gaza Strip.Palestinian sources said that Israeli ...

 Jul 1 2015 - Jordan- Exports from Zarqa reach JD30 million in MayJordan News Agency
(MENAFN - Jordan News Agency) The value of commodities re-exported with a certificate of origin from the Zarqa Chamber of Commerce and the chamber's office at the Free Zone in Zarqa, reached JD30 ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

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