(Washington Post) Scott Wilson- The government of Saudi Arabia is drawing on a multibillion-dollar oil windfall to place hundreds of thousands of young Saudis in jobs traditionally held by foreigners, betting that greater economic opportunities in the kingdom will counter the rising Islamic militancy challenging the royal family. Millions of dollars are flowing into job-training, technical schools, and cash incentives for Saudi companies to hire local citizens in a process known as "Saudization," as some of the foreigners who have long been the backbone of the kingdom's private-sector labor force are returning home.
2004-09-03 00:00:00Full ArticleBACK Visit the Daily Alert Archive