Major initiative launched to empower young Saudis

The program will run for 28 weeks in Riyadh. (File/AN photo)
Updated 04 December 2019

Major initiative launched to empower young Saudis

  • Misk and Qiddiya join hands to train youths

JEDDAH: The Prince Mohammed bin Salman Foundation’s (Misk) Initiatives Center in collaboration with the Qiddiya Investment Co. (QIC) has launched yet another training program to prepare young Saudis for the future and empower them to efficiently contribute to Saudi Vision 2030.

Following the launch of Misk/Amaala and the success of the first Misk/Qiddiya internship program, the center launched the second Misk/Qiddiya program through the “Fellowship and Training” initiative to create a comprehensive learning experience for recent university graduates in hospitality, business, engineering, information technology and entertainment.

The program will run for 28 weeks in Riyadh, and will provide trainees with an opportunity to work alongside senior team members in many fields, preparing them for large-scale develop-ment projects.

The Qiddiya project is one of the major schemes under the umbrella of Saudi Vision 2030. It was launched by Crown Prince Mohammed bin Salman in April 2018. It aims to become a pioneering entertainment destination located around 40 km from the center
of Riyadh.

With a total area of 334 sq. km, Qiddiya is 2.5 times the size of Walt Disney World. The project is expected to have 300 activities from five entertainment sectors, to be one of four large projects owned by the Kingdom’s Public Investment Fund. It is also expected to shape Saudi Arabia’s new economy, along with the Amaala, Red Sea and Neom projects.

Interns participating in the Misk/Qiddiya program will learn about Qiddiya’s concept, values and objectives, and get an opportunity to visit the site to view construction work. Then an intensive induction and orientation phase will begin with interns joining their relevant teams in the following weeks, working alongside the project’s experts to complete a number of professional missions.

In the last week of the program, participants will complete an individual project, which will be assessed by a committee from Misk and the QIC. The graduation project is a rare chance for trainees to receive job offers at QIC upon completion.

Registration ends on Dec. 14, 2019, and the 28-week program will be officially launched on Jan. 19, 2020.

Interested people can visit Misk website for details or follow the link to apply:

Saudi investment chiefs host students from one of world’s top business schools

Updated 26 January 2020

Saudi investment chiefs host students from one of world’s top business schools

  • The Saudi Public Investment Fund (PIF) hosted business major students from Harvard Business School (HBS) for a conference held at the capital’s King Abdullah Financial District

Riyadh: Saudi mega projects and regional and global investment opportunities were outlined to students from one of the world’s top business schools at a seminar in Riyadh.

The Saudi Public Investment Fund (PIF) hosted business major students from Harvard Business School (HBS) for a conference held at the capital’s King Abdullah Financial District.

As well as being introduced to the PIF, the visitors were briefed about ongoing mega projects, along with potential future investment plans both locally and throughout the world.

During their Saudi trip, some of the students took the chance to see for themselves evidence of the reforms taking place in the Kingdom by visiting Riyadh, Jeddah, and AlUla and exploring the Red Sea coast by car.

The PIF hosted the students as part of its aim of providing exposure to the broadest possible portfolio of businesses and careers while striving to be an employer of choice for top talents domestically and globally.

The fund continues to focus its commitment and dedication in providing a learning culture that promotes partnerships and training with world-class learning institutions, by actively incentivizing professional development and certifications.

HBS is an example of PIF efforts to build relationships with highly recognized learning organizations, and links in with its prestigious graduate development program to attract and develop top Saudi talent.

The study/work development program is delivered in partnership with some of the world’s top educational institutions, offering only 80 seats per application cycle. In 2019, only a fraction of the 12,000 applicants were accepted, and the PIF has attracted several Saudi HBS graduates as part of its human capital.

It is hoped that the visit to Saudi Arabia will encourage some of the HBS students to carry out their own research on the Kingdom to benefit sectors and resources such as the geology of Saudi deserts, Red Sea oceanography, and the sociology of its citizens.

By getting a close-up insight into the Kingdom it is also envisaged that students will return to the country as tourists, investors or for employment.