Published: 1-Oct-24
Webinars

Global webinar on the Saudi Arabian staffing market - Recording

The recording of the APSCo UK webinar on the Saudi Arabian Staffing Market is now available.The webinar was led by industry experts Hashim Kapadia, Senior Regional Director, SThree, and Shahzad Syed, Marketing Director, Ateca.

Webinar insights include:

Saudi Vision 2030

  • The National Transformation Program (NTP) is crucial for infrastructure and fostering success, funded by the Public Investment Fund.
  • Achievements: 555,000 jobs created, $1 trillion in projects across 15 strategic sectors (healthcare, IT, energy, real estate, etc.).

Public Sector’s Digital Transformation Initiatives

  • Rapid advancement in digital transformation and e-government services.
  • Significant investments in innovation, 4IR technologies, and digital infrastructure.

Labour Market Insight

  • Vision 2030 focuses on preparing youth for future job markets and skill development.
  • Urban population: 84.7% as of 2022, with major cities transforming consumerism, travel, and trade.

Opportunities

  • Recruitment market relies heavily on international collaborations.
  • Significant potential in managed services, process optimization tools, and incentives for companies moving regional HQs.

Challenges

  • Language barriers and need for effective localization and Saudization (Nitaqat).
  • Newly introduced tax system and complex local setup processes.

You can access the recording with the below zoom link by clicking here

Passcode: XBQ.A7!Q

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