SAUDIZATION: The Birth of Nitaqat

Saudization NitaqatAt the advent of 2008, a great fell down on the worldwide economy came into being.   There was a recession that hit intensively the global stock markets.  It was evident with the deceleration of economic activity such as widespread down turn of inflation, and inevitable bankruptcies. 
 
The only emergent things that time were the increasing records of unemployment and the expensive commodities.  It was a worldwide catastrophe that crashed the economy. Indeed, all countries were greatly affected.  Even the United States of America, the strongest country in the world, was not left unscathed.  It was really a disaster when there is a recession.
 
Despite this recession, there is one country that was untouched by this economic tragedy.  As a matter of fact, there are continuous industrial constructions all over the city, from east to west, and from north to south.  Its economy is very strong and stable.  Until now, there are still many on going projects for further economic growth and development.  And this country is no other than but the Kingdom of Saudi Arabia.
 
However, the irony of the world is inevitable.  In spite of its economic supremacy, still its unemployment rate is very high.  How come that a country with strong and stable economy, has a very high unemployment rate?  How come that a country with more than five millions of foreign workers, has very few numbers of local workforce? It seems unthinkable but true. 
 
And there begins the birth of the Nitaqat Program, the Saudization.