Human Resources Development Fund
The Human Resources Development Fund, “Goal”, contributed to supporting the employment of 96,000 citizens, male and female, to work in private sector establishments during the first quarter of 2023 AD, through its various programs, initiatives and products, with a growth rate of more than 26% compared to the same period last year, Where 76 thousand young men and women were supported.
For his part, the Director General of the Fund, Turki bin Abdullah Al-Jaweni, noted the support of the wise leadership and its guidance in developing human capital, sustaining employment, and motivating the private sector to contribute to Emiratisation, in addition to strengthening partnership with all relevant authorities in training, employing and empowering national cadres, and increasing their competitiveness. in the labor market.
He pointed out that the fund’s new strategy, which was launched recently, has increased the number of beneficiaries of programs, services and products, both at the level of individuals and private sector establishments.
Al-Jawini pointed out that 836,000 male and female citizens benefited from empowerment, guidance and training services in the first three months of this year, with a growth rate of approximately 29%, compared to 646,000 beneficiaries for the same period of 2022.
About 73,000 establishments operating in all vital sectors in the Kingdom benefited directly and indirectly from the fund’s programs, with a growth rate of 30%, compared to 56,000 establishments during the same period last year, while the expenses of support programs amounted to 2.2 billion riyals in the quarter. first of the current year.
The Director General of the Human Resources Development Fund stressed the importance of continuing efforts and strengthening the role of the Fund, to meet the changes and requirements of the labor market and improve its efficiency, keep abreast of developments, and take into account the needs and priorities related to the sectors, in addition to working on developing programs to support training, empowerment and guidance aimed at national cadres in a way that contributes to achieving the goals. The Kingdom’s Vision 2030 in developing human capabilities and the labor market strategy.
He explained that the Fund is working to strengthen and consolidate the relationship with the various governmental and private sectors, to support the sons and daughters of the country and enable them to find job opportunities in the labor market, which is reflected in stimulating the various sectors and activities to participate in the current national development, and to attract more investments that generate qualitative jobs.
