FINANCIAL NEWS

Saudi oil, gas sector to post 34pct increase

10 Jan 2017

(MENAFN) The oil and gas sector in Saudi Arabia has experienced 34 percent increase in online recruitment, which is indicative of a strengthening economy.

However, online recruitment in other sectors in the kingdom has slowed considerably, as stated a report.

In addition, the Nov figures record an overall drop in year-on-year momentum in KSA, a 7 percentage point drop from -12 percent in Oct to -19pct in Nov.

This is followed by 10 percent increase in the education sector, while the highest fall was in the hospitality sector at-41 percent.
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