Shura Council to discuss localizing 75% of leading positions in private sector: report

The Saudi Shura Council is set to discuss a proposal to amend Article 26/2 of the Labor Law, about determining the ratio of Saudis working in the private sector establishments, with a focus on localizing 75% of the leadership positions, Alriyadh newspaper reported. 

The amendment was proposed by two council members who emphasized that the step will urge business owners and boards of directors to develop plans to attract, qualify and direct Saudi youth and build their professional capabilities within a specified period of time. This will facilitate replacement of a large number of non-Saudis in leadership positions.