The Saudi renewable sector is projected to create 750000 jobs over the next decade. The government is supporting technology transfers in the sustainable energy sectors. This is in line with the Kingdom's plan to generate half of its energy requirements by alternative resources.
Employers can now apply for new work visas for non-resident employees. However, the Labor Market Regulatory Authority (LMRA) has implemented a new mechanism for the employment of expatriate workers.
Sales and demand conditions are expected to rise as restrictions are lifted, international flights began to operate again, and foreign visitors are entering the country as tourist venues reopened. Though the recovery is being considered as a sign of post-COVID revival, a strong economic rebound is still a long way to go