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PIF to create 1.8 million jobs: Governor

RIYADH: Saudi Arabia’s Public Investment Fund has created half a million jobs through its 54 companies operating in 10 different sectors, according to its governor, Yasir Al-Rumayyan. While speaking at the FII Priority Summit in New York on Sept. 22, Al-Rumayyan, who is also the chairman of the Future Investment Initiative, said the ultimate aim of PIF is to generate even more

From expanding primary care to providing more beds and establishing medical cities throughout the country, the private sector is set to play an important role in Saudi Arabia’s ambitious plans to transform health care provision. As set out in its Vision Realization Program, one of the Kingdom’s key health care priorities is to activate private sector participation by advancing

RIYADH: Amazon has announced the launch of the latest iteration of its global Delivery Service Partner program that empowers local entrepreneurs to set up and manage their own logistics businesses delivering Amazon packages. Saudi Arabia is the first country in the region to host the flagship program, which will be expanded to cover the MENA region at a later stage.

JEDDAH: The Saudization Program, officially referred to as Nitaqat, is a nationalization scheme aimed at decreasing Saudi unemployment rates whilst mobilizing human capital to its full potential. The program places qualified and skilled Saudis into work in relevant fields. Minister of Human Resources and Social Development Ahmed Al-Rajhi stated that by the end of 2021, it aims