Latest news with #TurkiAl-Jawini
Saudi Gazette
21-05-2025
- Business
- Saudi Gazette
Saudi beneficiaries of HADAF support jump 93% to 143,000 in 1Q 2025
Saudi Gazette report RIYADH — The Human Resources Development Fund (HADAF) has extended support to hire as many as 143,000 Saudi men and women in the private sector establishments during the first quarter of 2025 and this figure showed a jump of 93 percent compared to the same period last year. The HADAF said in a statement that the number of beneficiaries of the training, empowerment, and guidance services and programs, carried out by the Fund, during the first quarter of this year reached 1.18 million, a growth rate of 4 percent compared to the first quarter of last year. The number of establishments that benefited from the HADAF support programs during the same period exceeded 98,000 in various sectors of the labor market across the Kingdom. This number recorded a growth rate of 37 percent compared to the same period last year, of which 93 percent were medium, small, and micro enterprises. The total amount spent by HADAF on training, empowerment, and guidance support programs during the first quarter amounted to SR1.83 billion. HADAF Director General Turki Al-Jawini said that the Fund works in effective partnership with various government and private sector entities to support and empower Saudi men and women to obtain job opportunities in the labor market. "The Fund has witnessed many transformations stemming from our leadership's commitment to investing in human capital," he said. Al-Jawini indicated that there has been remarkable growth in the number of Saudi individuals and private sector establishments that benefited from the Fund's training, empowerment, and guidance support services and programs. This is part of the Fund's efforts to meet the changing demands and requirements of the labor market and improve its is after taking into account the needs and priority economic sectors, and developing training, empowerment, and career guidance support programs targeting national cadres, in line with achieving the goals of Saudi Vision 2030 and the Labor Market Strategy.
Zawya
27-01-2025
- Business
- Zawya
HADAF supports employment of 437,000 Saudis in private sector in 2024
JEDDAH — The Human Resources Development Fund (HADAF) announced that it has contributed to the employment of 437,000 Saudi male and female citizens in private sector establishments during 2024 through dedicated programs and initiatives. The private sector employment figures represent a 17 percent growth rate compared to 2023. Additionally, the HADAF provided training, empowerment, and guidance services to two million beneficiaries in 2024, reflecting a 5 percent increase over the previous year. More than179000 establishments across various labor market sectors have benefited from the Fund's services, marking a substantial growth rate of 49 percent compared to 2023. Notably, 95 percent of these establishments were medium, small, and micro enterprises. The total expenditure on training, empowerment, and guidance support programs during the past year amounted to SR 7.74 billion. The HADAF also noted that the sustainability index of the national workforce in the labor market, measured after one year of employment or program completion, stood at 81 percent. HADAF Director General Turki Al-Jawini emphasized that the Fund operates in effective partnership with various government and private sectors to empower the nation's youth and secure job opportunities. He noted that the Fund underwent significant transformations over the past year, driven by the leadership's commitment to investing in human capital. Al-Jawini highlighted the increasing number of beneficiaries who have been successfully employed through the Fund's training, empowerment, and guidance services. These efforts align with the HADAF's mission to adapt to labor market changes and requirements. He underlined the HADAF's commitment to enhancing labor market efficiency, addressing the needs of priority economic sectors, and developing training, empowerment, and career guidance programs for national professionals. These initiatives aimED to realize the objectives of Saudi Vision 2030 and the Labor Market Strategy. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Saudi Gazette
26-01-2025
- Business
- Saudi Gazette
HADAF supports employment of 437,000 Saudis in private sector in 2024
Saudi Gazette report JEDDAH — The Human Resources Development Fund (HADAF) announced that it has contributed to the employment of 437,000 Saudi male and female citizens in private sector establishments during 2024 through dedicated programs and initiatives. The private sector employment figures represent a 17 percent growth rate compared to 2023. Additionally, the HADAF provided training, empowerment, and guidance services to two million beneficiaries in 2024, reflecting a 5 percent increase over the previous year. More than179000 establishments across various labor market sectors have benefited from the Fund's services, marking a substantial growth rate of 49 percent compared to 2023. Notably, 95 percent of these establishments were medium, small, and micro enterprises. The total expenditure on training, empowerment, and guidance support programs during the past year amounted to SR 7.74 billion. The HADAF also noted that the sustainability index of the national workforce in the labor market, measured after one year of employment or program completion, stood at 81 percent. HADAF Director General Turki Al-Jawini emphasized that the Fund operates in effective partnership with various government and private sectors to empower the nation's youth and secure job opportunities. He noted that the Fund underwent significant transformations over the past year, driven by the leadership's commitment to investing in human capital. Al-Jawini highlighted the increasing number of beneficiaries who have been successfully employed through the Fund's training, empowerment, and guidance services. These efforts align with the HADAF's mission to adapt to labor market changes and requirements.
