Saudi Arabia has approved the cancellation of the expat levy on foreign workers in licensed industrial establishments, reinforcing the Kingdom’s push to strengthen industrial competitiveness and accelerate non-oil economic growth under Saudi Vision 2030. The move comes as industrial investment, employment and exports record sharp gains. The decision was approved by the Cabinet, chaired by Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, based on the recommendation of the Council of Economic and Development Affairs. Expat jobs in Saudi Arabia The Cabinet decision reflects continued support for the Kingdom’s industrial sector and underscores the Crown Prince’s commitment to enabling national factories, strengthening their sustainability and enhancing global competitiveness. The move aligns with the objective of building a competitive and resilient industrial economy, with industry positioned as a cornerstone of economic diversification. Minister of Industry and Mineral Resources Bandar Alkhorayef expressed his gratitude to Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, following the approval of the decision. Alkhorayef said the move reflects the continued empowerment of the industrial sector and supports diversification goals under Saudi Vision […]