RIYADH, Dec. 8 (Xinhua) -- The rents of vacant accommodations will go down by 15 percent and up to 7 billion U.S. dollars of remittances will be saved as of next year in Saudi Arabia because of the deportation of a number of illegal workers, according to local newspapers Sunday.
Saudi Arabia has been deporting illegal expatriates after the end of amnesty that concluded last month.
The increasing number of expatriates over the past years led to increased demand for residential units in popular areas, creating a gap between supply and demand and taking rent prices up, Fuad Boqari, a real estate dealer, told Arab News.
Among deportees, Saudi Arabia deported 90,000 illegal Ethiopians workers, while it announced earlier this year a plan to deport 2 million foreign workers, who represent nearly one third of the labor market, according to Al Eqtisadiya newspaper.
This could create job opportunities for locals, as statistics indicate that there is one unemployed among each four Saudis in the employment age.
Al Eqtisadiya also highlighted that the deportation will enable Saudi Arabia to save 7 billion dollars of remittances.
Saudi construction workers get 25% pay rise due to manpower shortage
RIYADH, Nov. 6 (Xinhua) -- Saudi laborers in the construction sector recently got a 25-30 percent wage rise due to the shortage of workers resulted by the amnesty on illegal migrant workers in the kingdom, Al Eqtisadiya newspaper reported Wednesday.
The six-month amnesty period offered by the Saudi government for overstaying foreigners, mostly unskilled workers ended on Sunday. Full story