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FINANCIAL NEWS
Saudi employment to increase by 2017
22 Dec 2016
(MENAFN) Saudi’s local employment levels will grow due to more easing of liquidity, inflow of foreign capital among direct investment, leading to increased local consumption by 2017.
Accordingly, 2017 will be an important year for the Saudi capital markets as there are a number of market reforms in pipeline which could enhance Tadawul’s chances.
In addition, it will also be an essential year for oil as well as investors will observe OPEC and non-OPEC compliance to the confirmed limits and the reactions of other producers like shale.
Next year is predicted to be a key year of implementation of Vision 2030 and NTP 2020 plans as the kingdom pursues its economic transformation.
M
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