August 7, 2025
Business & Economy

Kuwait Petroleum to Retire Employees Over 60, Focus on Hiring Young Nationals

  • August 3, 2025
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Kuwait Petroleum to Retire Employees Over 60, Focus on Hiring Young Nationals

Kuwait Petroleum’s Strategic Workforce Shift

Kuwait Petroleum Corporation (KPC) is set to implement a significant change in its workforce strategy by retiring employees aged 60 and above. This move, reported by Arab Times on August 2, 2025, is part of a broader initiative to align with Kuwait’s national workforce strategy. The primary goal is to prioritize the employment of Kuwaiti nationals and reduce the country’s dependence on expatriate labor.

Emphasizing National Employment

The decision to retire older employees is aimed at creating opportunities for young Kuwaiti professionals, particularly in the oil sector. KPC plans to recruit fresh graduates, focusing on engineers and technicians, to bolster national employment. This approach not only supports the country’s economic goals but also ensures that the oil industry benefits from the latest skills and innovations brought by new graduates.

Impact on Expatriate Workforce

This strategic shift is expected to have a considerable impact on the expatriate workforce within KPC. By reducing reliance on foreign workers, Kuwait aims to foster a more self-sufficient economy. The initiative reflects a growing trend in the region where countries are increasingly looking to develop their local talent pools.

Long-term Economic Benefits

By investing in young nationals, KPC is contributing to the long-term economic stability of Kuwait. The focus on hiring local talent is anticipated to enhance job satisfaction and retention rates among employees, leading to a more motivated and productive workforce. This move is also likely to inspire other sectors within Kuwait to adopt similar strategies, further strengthening the national economy.

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