Firm wins SR900,000 grant for Saudization efforts

Updated 07 August 2015
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Firm wins SR900,000 grant for Saudization efforts

RIYADH: The Human Resource Development Fund (HRDF) has awarded a grant worth SR900,000 ($250,000) to Mondez Arabia, the Saudi Distribution company of Mondez International, for its continued commitment to training and development of Saudis nationals.
The HRDF award forms part of a series of grants and incentives aimed at increasing Saudi participation in the private sector. It supports the government’s efforts to increase the share of Saudi manpower while expanding work opportunities for Saudi women and boosting youth employment.
Saudi Nationals made up over 50 percent of new hires at Mondez Arabia, including regional business managers and national key account manager. This demonstrates the company’s dedication to developing a talented local workforce in a critical market, and highlights its support for the Ministry of Labor’s Saudization program.
In less than three years, Mondez Arabia has exceeded its employment targets by hiring over 90 full-time Saudi national staff.
This is the second milestone reached by Mondez Arabia in the Kingdom, where the global snacking firm had previously been recognized for its gender diversity, and hiring, training and development of women across both business and production functions. “We are extremely grateful to the government of Saudi Arabia and HRDF for this generous grant. It underlines our long-standing commitment to support the national effort to develop world-class, home-grown Saudi talent. The grant will help us attract the best candidates to launch and advance the careers of Saudis, while also supporting the country’s fast-growing food and beverage sector.”
Mondez International’s largest-selling iconic brands have been sold in the Kingdom for decades through its subsidiary Nabisco Arabia. Mondez International operates one of the largest internationally owned food and beverage plants in the Middle East.
Mondelez International, Inc. is a global snacking powerhouse, with revenues of $34 billion in 2014.
Mondez International and its predecessor, Kraft Foods, have been operating in the Middle East for more than a century, ever since Kraft Foods sold its first can of cheese in the Kingdom of Saudi Arabia in 1912.
Mondez International’s regional hub, located in Dubai, is responsible for operations, sales and distribution in more than 15 countries in the region, including Saudi Arabia, the UAE, Pakistan, Iraq and Algeria.


FaceOf: Fahad bin Sulaiman Altekhaifi, president of the General Authority for Statistics 

Updated 22 August 2018
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FaceOf: Fahad bin Sulaiman Altekhaifi, president of the General Authority for Statistics 

Fahad bin Sulaiman Altekhaifi has been the president of the General Authority for Statistics (GASTAT) since his appointment to the post in May 2016.

On Monday GASTAT announced this year’s Hajj statistics, revealing detailed information on the number of pilgrims (which amounted to 2,371,675) performing Hajj this year, their genders, nationalities and whether they arrived through air, land or seaports.

The president conveyed his gratitude to all government and security entities that helped the authority to collect data, and praised the 450 GASTAT researchers who worked to compile the information and deliver it to the public.

He said that the collected data would help facilitate better experiences and easier pilgrimages for future programs, and better services for pilgrims — from social to health, and transportation to security and food.

Altekhaifi received his bachelor’s degree in mathematics from King Saud University in 1992, a master’s degree in statistics from Colorado State University in 1996, and his applied statistics and research methodology Ph.D. from the University of Northern Colorado in 2001.

He worked as a manager of a financial program at the Institute of Public Administration in Riyadh from 1993 to 2005. For two years after that, he was a project director at the EIS department in Zuhair Fayez Partnership Consultants.

In 2007, Altekhaifi was appointed a manager of the research department at the Capital Market Authority, before becoming assistant deputy minister for development in November 2011. 

In June 2015, he was the director general of the Central Department of Statistics and Information. He served as the acting president of GASTAT in February 2016, before being appointed president on May 2016.