Latest news with #AhmedAl-Rajhi
Saudi Gazette
09-07-2025
- Business
- Saudi Gazette
Al-Rajhi: Cabinet's decision is supportive to most vulnerable groups
Saudi Gazette report RIYADH — Minister of Human Resources and Social Development and Chairman of the Board of Directors of the Social Development Bank Eng. Ahmed Al-Rajhi hailed Tuesday's Cabinet decision with regard to the Social Development Bank, saying that this is supportive to most vulnerable groups in the Saudi society. The minister expressed his thanks and appreciation of Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed bin Salman on the occasion of the Cabinet's approval for the Social Development Bank to formulate a program to sponsor the most needy beneficiaries of the bank's services so as to enable them to obtain financing products provided by the bank or other entities. "This step embodies the keenness of the wise leadership to support the most needy groups and promote financial inclusion," he said. According to the minister, this program embodies the Kingdom's commitment to providing a supportive and integrated environment for the most vulnerable groups. "The bank will develop and implement the program efficiently to achieve its objectives, as well as to enhance the bank's development impact, in alignment with the goals of Saudi Vision 2030, thus empowering the largest number of beneficiaries and achieving sustainable development," he said. Al-Rajhi affirmed that the bank continues to fulfill its development mission, which it has adopted over the past years, by providing specialized financing solutions and qualitative initiatives that contribute to empowering individuals and businesses and maximizing social impact. The bank's total cumulative financing has exceeded SR160 billion, benefiting more than 10 million people, highlighting the bank's vital role in supporting the national economy and financial inclusion.
Filipino Times
08-07-2025
- Business
- Filipino Times
Saudi Arabia rolls out new skill-based work permit for expats
The Ministry of Human Resources and Social Development in Saudi Arabia has introduced a new classification system for expatriate work permits, dividing them into three categories: high-skill, skilled, and basic. The decision, announced by Minister Ahmed Al-Rajhi, forms part of wider efforts to raise workforce quality and enhance labor market efficiency in the country, the Saudi Press Agency reported. The system was implemented on June 18 for expatriates already employed in the Kingdom, and will apply to all incoming workers beginning July 1. This classification is meant to ensure that workers are placed in jobs that match their qualifications and experience. It also aims to bring in global talents who can help develop the local labor market through their knowledge and skills. According to the ministry, the decision will strengthen verification processes and allow better management of skill-level distribution among expatriates, aligning with international standards. Technical system upgrades have also been rolled out to support this change. A detailed guide explaining the new classification is available on the ministry's official website. The initiative is part of Saudi Vision 2030 and the National Transformation Program to build a more competitive and innovative labor environment.
Gulf Insider
06-07-2025
- Business
- Gulf Insider
Saudi Arabia Unveils New Skill-Based System For Expatriate Work Permits
Saudi Minister of Human Resources and Social Development Ahmed Al-Rajhi has issued a decision classifying the work permits of expatriate workers into three main skill categories: high-skill, skilled, and basic. The classification of existing work permits and technical system upgrades began on June 18 for expatriates currently working in the Saudi labor market. The classification would take effect for incoming expatriate workers as of July 1. The ministry has issued a guidance manual outlining all the details of the decision, which is available on its official website. This decision is part of the ministry's broader efforts to foster a more attractive and efficient labor market, develop human capital, and enhance the business environment, contributing to achieving the objectives of Saudi Vision 2030 and the National Transformation Program. The measure aims to enhance worker performance, attract global talent to transfer expertise and experience to the Saudi labor market, improve operational efficiency, benefit from international experience, and build an environment that supports innovation and the development of business models. The decision will improve verification mechanisms and enable better management of the skill-level distribution of expatriate workers in the labor market by ensuring that workers possess the required skills and qualifications for their job roles, in line with best international practices.
Saudi Gazette
06-07-2025
- Business
- Saudi Gazette
Saudi Arabia unveils new skill-based system for expatriate work permits
Saudi Gazette report RIYADH — Saudi Minister of Human Resources and Social Development Ahmed Al-Rajhi has issued a decision classifying the work permits of expatriate workers into three main skill categories: high-skill, skilled, and basic. The classification of existing work permits and technical system upgrades began on June 18 for expatriates currently working in the Saudi labor market. The classification would take effect for incoming expatriate workers as of July 1. The ministry has issued a guidance manual outlining all the details of the decision, which is available on its official website. This decision is part of the ministry's broader efforts to foster a more attractive and efficient labor market, develop human capital, and enhance the business environment, contributing to achieving the objectives of Saudi Vision 2030 and the National Transformation Program. The measure aims to enhance worker performance, attract global talent to transfer expertise and experience to the Saudi labor market, improve operational efficiency, benefit from international experience, and build an environment that supports innovation and the development of business models. The decision will improve verification mechanisms and enable better management of the skill-level distribution of expatriate workers in the labor market by ensuring that workers possess the required skills and qualifications for their job roles, in line with best international practices.
Saudi Gazette
22-06-2025
- Business
- Saudi Gazette
Al-Rajhi: Employee engagement rate in public sector reaches 83.4%
Saudi Gazette report RIYADH — Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi said that the Saudi employee engagement indicators for the year 2024 has achieved tangible positive results. "The employee engagement rate for public sector employees reached 83.4 percent, exceeding the set annual target of 76.5 percent. This reflects growing institutional awareness and the authorities' keenness to improve work environments and promote a culture of professional commitment," he said while addressing the annual ceremony of honoring government agencies that achieved the highest levels of employee engagement in 2024. The minister presented the Employee Engagement Award to nine government agencies during the ceremony, which was attended by several government officials and representatives of government agencies. In his speech, Al-Rajhi emphasized that the Employee Engagement Program embodies the interest and support of the wise leadership for the public sector. "This program reflects the ministry's commitment to strengthening the role of human capital as a fundamental pillar in the transition to a more efficient government work environment. The program contributes to consolidating a sense of belonging and initiative, raising the quality of services provided to beneficiaries, and enhancing performance efficiency," he said. Al-Rajhi reviewed the most notable achievements during 2024, such as the Cabinet's approval of the National Program for Succession and Leadership Development, the launch of the Promising Leaders Program, the qualification of more than 120 government leaders through academic programs and leadership forums, the launch of the engineering salary scale regulations, and the launch of several electronic services that contribute to supporting corporate governance in the government sector. Deputy Minister for Human Capital Development Fahad Al-Drees made a presentation on the Employee Engagement Measurement Initiative, which included a comprehensive assessment of levels of satisfaction and professional commitment. He also introduced the "Motivating Work Environment Program" and the "Institutional Engagement Platform," which enables government agencies to monitor moral performance indicators and improve motivation strategies. The ceremony included panel discussions and a presentation of several success stories in the field of employee engagement within government agencies. The Ministry of Hajj and Umrah has won first place in the government ministries category, while the Ministry of Municipalities and Housing came in second, and the Ministry of Communications and Information Technology emerged third. In the institutions, councils, and public bodies category, the National Competitiveness Center bagged the first place, the Saudi Authority for Intellectual Property came in second, and the General Authority for Endowments bagged the third place. In the educational and training institutions category, Al-Majmaa University has won first place, followed by Najran University, and Princess Nourah bint Abdulrahman University. It is noteworthy that the Career Engagement Program is one of the strategic initiatives of the Ministry of Human Resources and Social Development. It aims to promote a culture of high performance, create a positive competitive environment among government agencies, and encourage the exchange of best practices in the field of human capital management and development. Saudi employee engagement refers to the level of enthusiasm, dedication, and connection that employees in Saudi Arabia feel towards their work and their organizations. It encompasses how emotionally invested employees are in their jobs, their commitment to the company's goals, and their willingness to go the extra mile. High employee engagement is linked to increased productivity, improved performance, and a more positive work environment.
