MoU signed to employ 36,000 Saudis in industrial sector

A new agreement has been signed to nationalize thousands of jobs in the industrial sector. (SPA)
Updated 25 November 2019

MoU signed to employ 36,000 Saudis in industrial sector

  • The MoU establishes a partnership aiming to raise Saudization rates

A new agreement has been signed to nationalize thousands of jobs in the industrial sector.

The Ministry of Labor and Social Development, represented by its deputy minister, Abdullah Abu Thunain, signed a memorandum of understanding (MoU) with the Ministry of Industry and Mineral Resources, the Technical and Vocational Training Corporation, the Saudi Human Resources Development Fund, and the Council of the Saudi Chambers.

The MoU establishes a partnership aiming to raise Saudization rates and promoting the private industrial sector by nationalizing over 35,982 jobs in the industrial sector by 2021, after activating programs and incentives supporting employment and training.

Khalid Aba Al-Khail, spokesman for the Saudi Ministry of Labor and Social Development, said the MoU was signed in line with the Saudi Vision 2030 and the National Transformation Program 2020.

The ministry is seeking to nationalize jobs in the industrial sector by combining efforts to ensure the success of objectives to be achieved in partnership with the sector’s supervisory body.


KSA highlights support for Bosnia massacre victims

Saudi Foreign Minister Faisal Bin Farhan al Saud delivers a speech during the opening of the UN Human Rights Council's main annual session on February 24, 2020 in Geneva. (AFP)
Updated 43 min 59 sec ago

KSA highlights support for Bosnia massacre victims

  • The minister added that King Salman continued to support and stand by Bosnia and Herzegovina, further confirming the unique and friendly relations between the two countries

GENEVA: Saudi Arabia participated in the 25th anniversary memorial of the Srebrenica genocide that took place in July 1995.
Foreign Minister Prince Faisal bin Farhan bin Abdullah delivered the Kingdom’s speech via video conference.
He conveyed the greetings of King Salman and Crown Prince Mohammed bin Salman to the chairman of the Council of Ministers of Bosnia and Herzegovina, Sefik Dzaferovic, and UN Secretary-General Antonio Guterres, and dignitaries who were participating in the event.
The minister affirmed that Saudi Arabia stood side by side with its brothers, the families of the victims of the massacre.
He said: “Our participation on behalf of Saudi Arabia, its leaders, government, and people, is a humanitarian and moral obligation that the Saudi leadership stands by every year.”
The minister added that King Salman continued to support and stand by Bosnia and Herzegovina, further confirming the unique and friendly relations between the two countries.