The GCC countries, (Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates and the Sultanate of Oman) have a unique problem. Despite all the growth, oil exports, and economic boom, native unemployement remains at extrodinarily high levels with the vast majority of employment within the region being enjoyed by expatriates. In an attempt to combat this growing imbalance, the GCC nations have implemented various nationalization schemes to varying success.
What is Nationalization?
Nationalization at a basic level is the integration of nationals into the local labour market. The GCC countries have taken various approaches to the scheme, either by offering incentives for the jobless, increasing jobs in the public sector or, most relevant to recruiters, legislating private companies to hire more local staff. The Nationalization programs throughout the GCC have been in place for more than a decade, but the private sector is still lagging behind with citizens only representing 0.34% of the private sector workforce