RIYADH, 18 December 2007 — Al-Safi Dairy Farm, a subsidiary of Al-Faisaliah Group (AFG), signed a memorandum of understanding (MOU) with the Human Resource Fund (HRC) to employ 112 Saudis to work at the farm as part of its Saudization employment strategies, the group announced yesterday.
The MOU was signed by Prince Muhammad Al-Faisal, president of Al-Faisaliah Group (AFG), and Ahmed Al-Zamil, general manager of HRC.
“This is the fourth signing by the group during 2007 to employ 425 Saudis to be employed in several of the group’s companies such as Safi Danoon, Sony, Al-Safi Dairy Farm, and the Medical Company,” Prince Muhammad said after the signing.
He lauded the efforts of HRC to support Saudization, adding that the percentage of Saudis in the group was at a “very good” level, without specifying the number.
“We hope the Saudization percentage rises with the signings of these agreements to higher levels,” he said, adding that the group was keen on employing qualified Saudis in all levels of the group’s companies and contribute in future leadership roles.
He also said that Al-Faisaliah Group goals were to continue employing Saudis, aimed at developing productivity of Saudis.
“The purpose of which is to have Saudis reach security employment in their jobs,” he said. Prince Muhammad also said the group had a successful experience in the field of training and rehabilitation in the course of its presence in the Saudi market.
Employing Saudis is an investment project which not only benefits the company, but also contributes to the benefit of the country as a whole whole, following the strategic support shown by the Saudi government, he said.
Prince Muhammad said the group aimed at balancing employment strategies as well as expertise qualification, noting that it was important for the Saudi staff to abstract expertise from their foreign and Arab colleagues.
Ahmed Al-Zamil, general manager of HRC, lauded the role played by AFG in employing Saudi labor. “With this MOU signed, we are achieving the goals of the fund in the private sector by employing Saudi nationals,” he said. AFG, established in 1970, is a major diversified enterprise based in Saudi Arabia, with operations across the Middle East.
The group has grown to become one of the top 20 Saudi companies and is also one of the fastest-growing organizations in the country.
Through its subsidiaries, and in partnership with major international groups, AFG has established a dominant position in six major sectors: food and beverages, consumer electronics, medical equipment, measurement and media equipment, IT and communication, entertainment and multimedia, and specialty chemicals.