Latest news with #MajedAl-Qasabi
Trade Arabia
15-04-2025
- Business
- Trade Arabia
KSA will create one million jobs in tourism, culture by 2030
The vital sectors of tourism, culture, sports, and creative industries will create one million jobs in Saudi Arabia by 2030, according to Minister of Commerce Majed Al-Qasabi. Attending a panel discussion at the Human Capability Initiative Conference in Riyadh, he said that the creative economy would support creating more than 80,000 jobs, with strong growth expected in the sectors of film, design, fashion, and digital arts, a report in Saudi Gazette said. "Saudi Arabia has moved from ambition to action, and with Expo 2030 and the 2034 World Cup approaching, we need future skills that will enable our youth to move forward," he said. Al-Qasabi said the digital economy will record robust growth, with its contribution to the gross domestic product (GDP) will jump from 4.4 per cent to 19 per cent by 2030 while the value of the healthcare sector is expected to reach SR250 billion ($66 billion) by that time. The minister emphasised that 65 per cent of Saudis are under the age of 35, which means that investing in lifelong education is no longer an option, but has become essential. "Saudi Arabia is working to develop skills and assess gaps in workforce capabilities and future needs. Future skills have been integrated into training and educational institutions, in addition to utilising artificial intelligence and technology, bringing expertise to the Kingdom, and sending students abroad to achieve future goals," he added.
Zawya
15-04-2025
- Business
- Zawya
Tourism, culture, and sports will generate 1mln jobs by 2030: Saudi minister
RIYADH — Minister of Commerce Majed Al-Qasabi said that the vital Saudi sectors of tourism, culture, sports, and creative industries will create one million jobs by 2030. Attending a panel discussion at the Human Capability Initiative Conference in Riyadh on Monday, he said that the creative economy would support creating more than 80,000 jobs, with strong growth expected in the sectors of film, design, fashion, and digital arts. "Saudi Arabia has moved from ambition to action, and with Expo 2030 and the 2034 World Cup approaching, we need future skills that will enable our youth to move forward," he said. Al-Qasabi said the digital economy will record robust growth, with its contribution to the gross domestic product (GDP) will jump from 4.4 percent to 19 percent by 2030 while the value of the healthcare sector is expected to reach SR250 billion by that time. The minister emphasized that 65 percent of Saudis are under the age of 35, which means that investing in lifelong education is no longer an option, but has become essential. "Saudi Arabia is working to develop skills and assess gaps in workforce capabilities and future needs. Future skills have been integrated into training and educational institutions, in addition to utilizing artificial intelligence and technology, bringing expertise to the Kingdom, and sending students abroad to achieve future goals," he added. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Saudi Gazette
14-04-2025
- Business
- Saudi Gazette
Al-Qasabi: Tourism, culture, and sports will generate one million jobs by 2030
Saudi Gazette report RIYADH — Minister of Commerce Majed Al-Qasabi said that the vital Saudi sectors of tourism, culture, sports, and creative industries will create one million jobs by 2030. Attending a panel discussion at the Human Capability Initiative Conference in Riyadh on Monday, he said that the creative economy would support creating more than 80,000 jobs, with strong growth expected in the sectors of film, design, fashion, and digital arts. "Saudi Arabia has moved from ambition to action, and with Expo 2030 and the 2034 World Cup approaching, we need future skills that will enable our youth to move forward," he said. Al-Qasabi said the digital economy will record robust growth, with its contribution to the gross domestic product (GDP) will jump from 4.4 percent to 19 percent by 2030 while the value of the healthcare sector is expected to reach SR250 billion by that time. The minister emphasized that 65 percent of Saudis are under the age of 35, which means that investing in lifelong education is no longer an option, but has become essential. "Saudi Arabia is working to develop skills and assess gaps in workforce capabilities and future needs. Future skills have been integrated into training and educational institutions, in addition to utilizing artificial intelligence and technology, bringing expertise to the Kingdom, and sending students abroad to achieve future goals," he added.
Zawya
27-02-2025
- Business
- Zawya
Saudi Arabia and Greece agree to boost trade and investment
RIYADH — The Saudi Hellenic Round Table Meeting, held in Riyadh on Wednesday, agreed to bolster the commercial and investment partnership between Saudi Arabia and Greece. The meeting explored investment opportunities in the construction sector within the Kingdom. The discussions addressed overcoming common challenges and fostering cooperation in trade and investment, thereby strengthening economic relations between the two countries. Minister of Commerce and General Authority of Foreign Trade Chairman Majed Al-Qasabi and Greek Deputy Minister of Foreign Affairs for Economic Diplomacy and Extroversion Tasos Chatzivasileiou co-chaired the meeting. Various government and private-sector entities in Saudi Arabia were represented. Participants included representatives from the Ministry of Investment, Federation of Saudi Chambers, Public Investment Fund (PIF), NEOM Company, Qiddiya Investment Company, Red Sea Global, King Salman International Airport, Diriyah Company, the New Murabba Company, AlUla Development Company, Roshn Group, and Soudah Development, alongside several Greek companies. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Saudi Gazette
26-02-2025
- Business
- Saudi Gazette
Saudi Arabia and Greece agree to boost trade and investment
Saudi Gazette report RIYADH — The Saudi Hellenic Round Table Meeting, held in Riyadh on Wednesday, agreed to bolster the commercial and investment partnership between Saudi Arabia and Greece. The meeting explored investment opportunities in the construction sector within the Kingdom. The discussions addressed overcoming common challenges and fostering cooperation in trade and investment, thereby strengthening economic relations between the two countries. Minister of Commerce and General Authority of Foreign Trade Chairman Majed Al-Qasabi and Greek Deputy Minister of Foreign Affairs for Economic Diplomacy and Extroversion Tasos Chatzivasileiou co-chaired the meeting. Various government and private-sector entities in Saudi Arabia were represented. Participants included representatives from the Ministry of Investment, Federation of Saudi Chambers, Public Investment Fund (PIF), NEOM Company, Qiddiya Investment Company, Red Sea Global, King Salman International Airport, Diriyah Company, the New Murabba Company, AlUla Development Company, Roshn Group, and Soudah Development, alongside several Greek companies.
