Al-Jawaini: Supporting 153,000 Saudis in private sector employment

Mr. Turki bin Abdullah Al Jawani, Director General of the Human Resources Development Fund, said that in the first half of this year, the Fund contributed to supporting the employment of more than 153,000 male and female citizens in private sector institutions (2024 AD).

The Fund’s Director General said that during this period, the total amount of disbursements from the Fund’s training, employment and empowerment support programs to private sector institutions reached 3.79 billion riyals, benefiting 1.4 million male and female citizens and about 100,000 male and female citizens. Institutions in all important sectors of the Kingdom have benefited from the Fund’s programs and products.

Al Jawani stressed that the Fund is eager to keep pace with the development renaissance that the Kingdom is experiencing in various fields, and the resulting development and changes in the needs of the business sector and the skills requirements of the state cadre. In addition to strengthening partnerships with relevant sectors, it continuously strives to develop and grow the skills of the nation’s sons and daughters, increase their level of participation in the labor market, and stimulate the private sector to contribute to Emiratization. The authorities train, employ and empower state cadres and increase their competitiveness and sustainability in the labor market.

He added that the Fund’s new strategy contributes to improving the benefits that individuals and institutions receive from the Fund’s programs and services, stressing that the Fund will continue to strive to keep pace with changes in the labor market, meet its requirements, and take into account the needs and priorities related to the labor market of various sectors, in addition to working on developing programs to support the training, empowerment and mentoring of national cadres to contribute to the goals of developing human capacity and the labor market strategy in the Kingdom’s Vision 2030.