The number of Saudis working in the private sector during 2015 rose to 1.7 million, up from about 700,000 in 2011, while the number of Saudi women working in the sector reached about 400,000 employees, up from only 50,000 four years ago.
Ibrahim Al-Mouaikel, director general of the Human Resources Development Fund (HADAF), attributed the rise to the introduction of Nitaqat in 2012 alongside a number of programs and initiatives to support the training and employment of Saudis in the private sector.
Highlighting the future of the labor market at the King Saud University, Al-Mouaikel said the fund is currently working on introducing a new automated system, while the summer program “will be a prerequisite and main program as per the agreement between the Education Ministry and the fund.”
He said that the prevalence of ghost Saudization was a crime and those who rely on such practices were harming the economy.
Some of the most important programs and initiatives offered by the fund include the 3rd Determination Award, programs that aim to help job seekers and students, the summer program and the professional guidance program.