Saudi Arabia announces 40% localization of consultancy professions

RIYADH: Saudi Arabia’s Ministry of Human Resources and Social Development on Tuesday issued a decision to localize 35 percent of consultancy professions and businesses effective as of April 6, 2023. In the second phase, the ministry seeks to increase the ratio to 40 percent as of March 24, 2023. The decision targets all professions in the sector, most notably: Financial

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