#saudiroyals

Saudi Arabia inhabits around 33 million people, out of which maximum employed people work in oil and gas sector, leaving just 18 percent of the employed population working in labour force. As of last year, Saudi Arabia’s unemployment rate was 12.3 percent.

However, this year, the world’s largest oil exporter has been facing a dual crisis because of the pandemic, energy output cuts and lower crude prices, which have together derailed a fragile economic recovery from the last oil-price rout. This financial jerk sparked the unemployment rate to 15.4 percent in April to June.

Saudi Arabia has one of the largest GDPs among the GCC countries. Yet, the Gulf giant’s economy contracted by seven percent in the second quarter of 2020. Can it be blamed on the education inequality lurking around the region? A country’s economy, employment rate and education rate go hand in hand. All three factors are co-related to each other.

While educational attainment is expanding in Saudi, only 31 percent of 25-34 year-olds had attained less than upper secondary education in Saudi Arabia as per a 2017 data. 46 percent of 25-64 year-olds had below upper secondary education. Saudi Arabia reports the lowest rates of female participation in tertiary education alongside India, Mexico, Switzerland and Turkey.

Saudi Arabia is the land of the riches, where the Royals have all the power. The kingdom’s former King Ibn Saud founded the Princes’ School in 1937 for the members of House of Saud and other important Saudis. The goal was to make it easier for the sons of the Royal family and other foremost Saudis achieve quality higher education.

The school was only conducted in the Royal Court, thus, allowing only the members of the monarch to participate in the school activities. Saudi King Salman and his predecessor King Fahd bin Abdulaziz Al Saud have both been the prodigies of the royal school among other princes.

(Warning) to The Kingdom of Saudi Arabia, You Need to Know About The Devils of Deoband, For Security Reasons.