The Saudi Ministry of Labor begins adjusting salaries in most government departments from today in the Kingdom of Saudi Arabia after registering the exit of at least 60% of expatriate workers from Saudi Arabia.
On the other hand, the Saudi Minister of Industry announced the amendment of employees in the government and private sectors to support industry and compensate for the shortage of manpower in the Kingdom of Saudi Arabia.
On the other hand, the ruler of the Emirates announced that in the near future, we will start to attract manpower and open entry and exit for expatriate workers to compensate for the lost percentage due to the Corona virus, and what led to a significant decrease in the workforce in the Kingdom of Saudi Arabia.
As for the Ministry of Education in Saudi Arabia, it has indicated that it has approved all the total dependence on the distance education platform to secure, and adhere to the most precautionary measures, for fear of the spread of the new Corona virus in the Kingdom of Saudi Arabia again.
The Ministry of Education in the Kingdom of Saudi Arabia is talking today that it is in the near future developing a new plan for education inside schools in Saudi Arabia for students to go informally to schools, and that those who wish to return to schools may be subject to conditions set by the Saudi Ministry of Education.
The state of Saudi Arabia is the largest non-oil trading partner of the United States of America in the Middle East, as it accounts for more than 40% of the total US non-oil trade with Arab countries, and 41% of Washington's non-oil trade with the Gulf Cooperation Council countries.
The Saudi Minister of Economy said that Saudi investments account for the largest share of total Arab investments in the Arab markets, with a cumulative balance of $ 27.6 billion until the end of 2019, and it is also ranked first in the Arab world and 20th globally among the most important investing countries in America.
The UAE Minister of Economy added that the UAE’s commercial exchanges extend over a wide geographical area covering most of the US states in general, while Washington, California, Texas, Florida and New York are among the most active states in terms of foreign trade with Saudi Arabia.
On the other hand, the total volume of non-oil foreign trade between the two countries recorded about $ 26.3 billion in 2019, and during the first half of 2020 non-oil foreign trade between the two countries exceeded $ 11 billion, according to the UAE Minister of Economy.
The two ministers discussed prospects for strengthening cooperation between the UAE and the United States in a number of areas of mutual interest, with a focus on innovation-related sectors and activities, especially since the UAE is one of only two countries around the world that signed a memorandum of understanding on innovation with the US Department of Commerce.
Bin Touq and the Commercial Representative of Leighizer discussed the close commercial relationship between the two countries. The discussion focused mainly on the progress the UAE is making in protecting intellectual property associated with commercial activities.
Bin Touq stressed the importance of cooperation to explore new horizons for the partnership between the two countries during the next stage, especially in the areas of health care, food security, space, energy and artificial intelligence.
For its part, the American side explained that the UAE is the first destination for US exports of products and services in the Middle East, as the value of those exports reached 20 billion dollars during 2019, supporting nearly 120,000 job opportunities in the United States, stressing keenness to strengthen the partnership and explore new opportunities in Areas of trade, economics and investment.
The American side expressed its appreciation for the continuous progress made by the UAE in implementing open investment and economic policies, as well as the efforts of the UAE to enhance regional economic prosperity.