Latest news with #HCDP
Zawya
07-05-2025
- Business
- Zawya
Bain & Company joins global leaders at HCI 2025 to shape the future of human capability
Riyadh: Bain & Company joined global stakeholders at the Human Capability Initiative (HCI) 2025 last month in Riyadh, a flagship platform convening policymakers, academics, business leaders, and innovators to reimagine the future of human capability in an age of accelerating change. Held under the theme "Beyond Readiness", the event welcomed more than 13,000 participants from over 120 countries across three dynamic days. Hosted by Saudi Arabia's Human Capability Development Program (HCDP), a key pillar of Vision 2030, HCI featured 120 sessions and over 300 speakers across five purpose-built content zones. Bain & Company was among the attendees contributing to the broader dialogue on lifelong learning, inclusive development, and scalable innovation. Discussions spanned three strategic tracks: Harnessing the Ways We Learn, Honoring the Ways We Belong, and Harmonizing the Ways We Act —each focused on enabling societies to thrive through skills transformation and cross-sector alignment. The event's structure encouraged open exchange through curated arenas such as the HCI Dialogues, Mastery Stage, and LAB Space, enabling leaders to share insights, showcase best practices, and spark actionable partnerships. From education reform to AI-enabled talent development, the agenda reflected an urgency to equip individuals and institutions for a rapidly shifting global landscape. Bain & Company's participation reflects its continued commitment to helping institutions and governments unlock human potential and build future-ready capabilities that drive long-term, inclusive growth. About Bain & Company Bain & Company is a global consultancy that helps the world's most ambitious change makers define the future. Across 65 cities in 40 countries, Bain works alongside clients to achieve extraordinary results and redefine industries. The firm complements its expertise with a vibrant ecosystem of digital innovators to deliver faster and more enduring outcomes. Bain has also committed more than $1 billion in pro bono services to organizations tackling today's urgent challenges and earned a platinum rating from EcoVadis, placing it in the top 1% of companies globally. Since 1973, Bain has measured its success by the success of its clients.
Zawya
15-04-2025
- Business
- Zawya
At HCI 2025 global minds convene to accelerate the future of human capability with over 13,000 participants from 120 countries
Riyadh – The second edition of the Human Capability Initiative (HCI), has concluded, hosting over 300 influential leaders, policymakers, and global experts from 40 countries, including academia, private sector, international organizations, and non-profits. HCI 2025 was held under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Chairman of the Human Capability Development Program Committee (HCDP), the organization which hosts HCI. HCI 2025 welcomed over 13,000 participants from 120 countries to the King Abdulaziz International Conference Center in Riyadh under the theme #BeyondReadiness. The conference saw over 100 agreements announced across industry and various economic sectors, with a total investment of SAR8.5bn (US$2.2bn). Among the key agreements, the prestigious London Business School revealed plans to establish a new office in Riyadh. This year's event brought together a stellar lineup, with senior government officials such as the Deputy Prime Minister and Minister of Education of South Korea, joining leaders from the private and nonprofit sectors. Global organizations and top academic institutions were also represented, including the World Bank, International Labor Organization (ILO), World Economic Forum (WEF), United Nations Development Program (UNDP), and UNICEF, as well as Microsoft, Google for Education, Apple Academy, University of Chicago's Harris School of Public Policy and London Business School. The conference served as a dynamic platform for fostering collaboration and innovation in addressing the challenges of a rapidly changing labor market. Speaking at the conference, Dr. Majid bin Abdullah Al-Kassabi, Minister of Commerce said: 'Saudi Arabia today is moving…from ambition to action. Vision 2030 is no longer a roadmap, it's no longer a blueprint. It's transformation in motion, reflecting the ambitions of the Kingdom's leadership and reaffirming Saudi Arabia's commitment to building a prosperous future for its people and strengthening its leadership on both regional and global fronts'. During his opening remarks on the second day of the conference, H.E. Eng. Ahmed bin Sulaiman AlRajhi, Saudi Minister of Human Resources & Social Development, said: 'Throughout history, progress has been driven by those willing to adapt, to innovate, and to embrace change. Today we find ourselves at a time when human capital is not a subset of economy and fiscal policy, it is the defining variable of global prosperity'. In his closing address, H.E. Yousef Al-Benyan, Minister of Education said: 'Throughout this conference, we engaged in powerful dialogues and shared innovative insights that underscore the extraordinary potential within every individual. HCI 2025 demonstrated that sustainable human capability development and meaningful impact require cross-sector partnerships, collective responsibility, and strategic alignment across governments, private sectors, academic institutions and civil society'. HCI hosted a ministerial roundtable, bringing together international human capability development officials alongside leading international experts in education and technology, as well as representatives from local and international organizations. The discussion centered on the theme 'AI Skills for All', which delved into strategies to ensure equitable access to this transformative technology. The conference also marked the launch of the 'Future Skills Initiative' by H.E. the Minister of Commerce and Chair of the Economic and Social Committee of the Saudi–UK Strategic Partnership Council. This initiative seeks to foster the exchange of expertise to cultivate future-ready skills across 13 high-potential sectors. The launch was attended by 40 government officials and 100 business leaders from Saudi Arabia and the United Kingdom. This year's agenda focused on pioneering innovative learning models to equip individuals with the skills and knowledge needed to thrive in an evolving labor market shaped by rapid technological advancements, particularly in artificial intelligence (AI). At the conclusion of the conference, the Minister of Education and Chairman of the Executive Committee of the Human Capability Development Program, alongside Eng. Anas Al-Mudaifer, CEO, and Dr. Bedour Alrayes, Vice President of the Human Capability Development Program (HCDP), extended their gratitude to HCI partners across the public, private, and nonprofit sectors – both within the Kingdom and globally – for their contributions to the event's success. The conference also provided speakers and delegates the chance to engage in Saudi culture, with the venue offering musical performances, traditional craft workshops and the taste of world-famous Saudi coffee. About Human Capability Initiative (HCI): The Human Capability Initiative (HCI) is the first global cooperative platform designed to unify international efforts and enrich global dialogue on the challenges and opportunities for developing human capabilities. Organized by the Human Capability Development Program – a part of the Vision 2030 realization programs – in partnership with Ministry of Education, HCI unites government entities, the private sector, and nonprofit organizations to foster collaboration and drive innovation in the realm of human capabilities. The conference took place on 13 – 14 April, 2025 at the King Abdulaziz International Conference Center in Riyadh under the theme 'Beyond Readiness'. About Saudi Vision 2030: Under the leadership of the Custodian of the Two Holy Mosques, Saudi Vision 2030 was launched by His Royal Highness Prince Mohammed bin Salman Al Saud, Crown Prince, and Prime Minister, with a roadmap to build Saudi Arabia's prosperous and bright future through a vibrant society, a thriving economy, and an ambitious nation.
Zawya
14-04-2025
- Business
- Zawya
20 global ministers gather in Riyadh for a ministerial roundtable on human capability development
RIYADH, Saudi Arabia/PRNewswire/ -- The Human Capability Development Program (HCDP), a Saudi Vision 2030 Realization Program, convened a ministerial roundtable on day one of the second edition of the Human Capability Initiative (HCI) conference. The HCI conference is held under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of HCDP, on April 13 – 14 2025 in the King Abdulaziz International Conference Center under the theme of #BeyondReadiness The closed-door ministerial roundtable meeting focused on "AI Literacy for All: Promoting Equitable Access for Resilient Capabilities" and engaged 20 ministers from around the world, as well as local and global experts in education and technology, including representatives from the Saudi Education and Training Evaluation Commission, the Saudi Data and Artificial Intelligence Authority (SDAIA), the World Bank, and the Organization for Economic Co-operation and Development (OECD). The roundtable explored the critical need for integrating digital skills as a cornerstone of human capability development and examined AI literacy's central role in ensuring individuals can thrive in an AI-driven economy. The meeting also highlighted the need to establish inclusive strategies that promote digital education, and the importance of integrating AI skills into curricula and strengthening international collaboration to discover scalable solutions that can provide equitable access to AI tools and digital training worldwide. Participants in the roundtable agreed to issue a joint statement following the meeting, which highlighted key aspects of the discussion and outlined their main recommendations on next steps, which are as follows: Advocating for the inclusion of AI literacy in national education systems, ensuring future generations are equipped with the skills necessary to succeed in an AI-powered world. Encouraging initiatives that support continuous education and reskilling opportunities for AI literacy, enabling individuals to remain adaptable in the face of technological advancements. Continuing to support the strengthening of international collaboration, sharing resources, knowledge, and experiences to enhance access to AI education globally. The roundtable reinforces the Kingdom's commitment to leading global efforts in human capability development in line with the Saudi Vision 2030, driven by its recognition of the central role of human capability development in achieving sustainable economic growth worldwide. Global participants in the roundtable identified innovative, concrete solutions to ensure that countries can remain competitive and achieve sustainable growth across various industries by enabling individuals and institutions to succeed in an AI-powered world. For more information, contact the HCI Conference Media Team: media@ Access the HCI Conference Website: Photo - SOURCE Human Capability Development Program (HCDP)
Zawya
14-04-2025
- Business
- Zawya
Foreign direct investments have quadrupled in 10 years: Saudi minister
RIYADH — Minister of Investment Khalid Al-Falih said that Saudi Arabia's accomplishments in the investment sector over the past ten years are exceptional. He said that foreign direct investments have quadrupled while jobs in foreign investment companies have jumped by 40 percent during this period. The minister made the remarks while attending a panel discussion at the second edition of the Human Capability Initiative (HCI) Conference at the King Abdulaziz International Conference Center in Riyadh on Sunday. The conference, with the theme "Beyond Readiness," is being held under the patronage of Crown Prince and Prime Minister Mohammed bin Salman, who is also chairman of the Human Capability Development Program (HCDP) Committee. In his address, Al-Falih noted that foreign investment licenses have increased by 9 to 10 percent. "The number of regional headquarters for these companies has also increased significantly, and these are all very positive indicators for Saudi Arabia," he said. The minister said that there is a dual focus in Vision 2030, as Crown Prince and Prime Minister Mohammed bin Salman heads the Human Capability Development Program, making it a priority for him, apart from his focus on investment. Al-Falih pointed out that investment and education are intertwined, and that there are massive investments in the education sector. "Developing human skills in the education sector, as well as executive programs, and the vocational sector are the most important investments in the Kingdom. Investment leads to skills development, which in turn impacts universities and vocational education institutions, and investors are aware of these market indicators, and this cycle continues in the Kingdom," he pointed out. Al-Falih underlined the need to ensure that human development keeps pace with the labor market. "It is important to provide people with the ability to continue updating their skills, as the world is changing very rapidly, and what people learned in the past may no longer be relevant. This is where companies play a role in skills development, and schools must be monitored to ensure they are building a resilient personality with the ability to be flexible and constantly mobile," he said. Al-Falih pointed out that preparing for the labor market, keeping pace with it, and being ready for it is not the sole responsibility of education, but rather a collective responsibility of parents, youth, companies, and existing partnerships. "People are the focus and essence of this matter, regardless of the development of artificial intelligence and other similar developments," he added. More than 300 prominent leaders, policymakers, and global experts from academia, the private sector, and non-profit organizations, including delegates from 38 countries, are taking part in the conference. Minister of Education and HCDP Executive Committee Chairman Yousef Al-Benyan said that the second edition of the conference underscores the Kingdom's leading role in the global conversation surrounding the future of human capacity development. The conference program features more than 100 dialogue sessions across four key platforms, aimed to facilitate the exchange of experiences and explore leading practices for enhancing human capacity to adapt to rapid global changes. Participants will also examine critical future trends, with a focus on innovative models for empowering individuals and communities and strengthening collaboration among the public, private, and non-profit sectors to develop sustainable and impactful solutions. The HCI Conference will host a variety of significant events, including a ministerial roundtable with the participation of 20 ministers from around the world and a meeting of the UNESCO Executive Board. Several agreements and launches related to human capacity development at both local and global levels are also scheduled to conclude on the occasion.
Saudi Gazette
13-04-2025
- Business
- Saudi Gazette
Al-Falih: Foreign direct investments have quadrupled in 10 years
Saudi Gazette report RIYADH — Minister of Investment Khalid Al-Falih said that Saudi Arabia's accomplishments in the investment sector over the past ten years are exceptional. He said that foreign direct investments have quadrupled while jobs in foreign investment companies have jumped by 40 percent during this period. The minister made the remarks while attending a panel discussion at the second edition of the Human Capability Initiative (HCI) Conference at the King Abdulaziz International Conference Center in Riyadh on Sunday. The conference, with the theme "Beyond Readiness," is being held under the patronage of Crown Prince and Prime Minister Mohammed bin Salman, who is also chairman of the Human Capability Development Program (HCDP) Committee. In his address, Al-Falih noted that foreign investment licenses have increased by 9 to 10 percent. "The number of regional headquarters for these companies has also increased significantly, and these are all very positive indicators for Saudi Arabia," he said. The minister said that there is a dual focus in Vision 2030, as Crown Prince and Prime Minister Mohammed bin Salman heads the Human Capability Development Program, making it a priority for him, apart from his focus on investment. Al-Falih pointed out that investment and education are intertwined, and that there are massive investments in the education sector. "Developing human skills in the education sector, as well as executive programs, and the vocational sector are the most important investments in the Kingdom. Investment leads to skills development, which in turn impacts universities and vocational education institutions, and investors are aware of these market indicators, and this cycle continues in the Kingdom," he pointed out. Al-Falih underlined the need to ensure that human development keeps pace with the labor market. "It is important to provide people with the ability to continue updating their skills, as the world is changing very rapidly, and what people learned in the past may no longer be relevant. This is where companies play a role in skills development, and schools must be monitored to ensure they are building a resilient personality with the ability to be flexible and constantly mobile," he said. Al-Falih pointed out that preparing for the labor market, keeping pace with it, and being ready for it is not the sole responsibility of education, but rather a collective responsibility of parents, youth, companies, and existing partnerships. "People are the focus and essence of this matter, regardless of the development of artificial intelligence and other similar developments," he added. More than 300 prominent leaders, policymakers, and global experts from academia, the private sector, and non-profit organizations, including delegates from 38 countries, are taking part in the conference. Minister of Education and HCDP Executive Committee Chairman Yousef Al-Benyan said that the second edition of the conference underscores the Kingdom's leading role in the global conversation surrounding the future of human capacity development. The conference program features more than 100 dialogue sessions across four key platforms, aimed to facilitate the exchange of experiences and explore leading practices for enhancing human capacity to adapt to rapid global changes. Participants will also examine critical future trends, with a focus on innovative models for empowering individuals and communities and strengthening collaboration among the public, private, and non-profit sectors to develop sustainable and impactful solutions. The HCI Conference will host a variety of significant events, including a ministerial roundtable with the participation of 20 ministers from around the world and a meeting of the UNESCO Executive Board. Several agreements and launches related to human capacity development at both local and global levels are also scheduled to conclude on the occasion.
