Bab Rizq Jameel (BRJ) celebrated 10 years of creating jobs for Saudis at a special event held at Abdul Latif Jameel headquarters on Thursday.
Minister of Labor Adel Fakeih, the guest of honor, launched the BRJ's new website, which includes new features for job seekers, training programs and electronic marketing outlets for owners of small projects.
The attendees included Mohammed Abdul Latif Jameel, the chief job creation officer at BRJ; Ibrahim Badaud, director of Abdul Latif Jameel Community Initiative (ALJCI); Abdul Rahman Al-Fihaid, executive director of BRJ Saudi Arabia, and other senior officials and dignitaries.
Fakeih praised BRJ for its activities to establish small and medium businesses, and technical and vocational training companies.
He said BRJ created more than 350,000 jobs over the past 10 years and established 25 branches with 500 Saudi staff across the Kingdom.
Jameel told Arab News that a lot more needs to be done. “We have so many job opportunities. There is a vast capacity for doing good things in this country, because once you start doing something good everyone will come out and help. This is not only the work of Bab Rizq Jameel but also of the whole community, business and the Labor Ministry,” he said.
He said the plan is to look at creating jobs in the creative industry because of the current potential in this sector. He said there are thousands of jobs available for Saudis in the industry.
The BRJ, the ministry and other agencies had created 58,440 jobs in 2012.
Al-Fihaid said that since 2003 until June 2013, BRJ created 167,262 jobs in the Kingdom and 35,000 jobs in Egypt, Morocco and Turkey.
He said more than 41 companies participated in a small business job creation contest, which Markaz Gadha Al-Madinah Liltuhad won, taking the first prize of SR250,000, Golden Rawdha Al-Sharq the second prize of SR150,000 and Golden Lens Studio the third prize of SR100,000.
BRJ celebrates a decade of jobs creation
BRJ celebrates a decade of jobs creation
Economic growth and resilience at heart of 2nd AlUla Emerging Market Economies Conference
- Event on Feb. 8 and 9 will bring together ministers, governors of central banks, policymakers, economic experts and international financial institutions
- Emerging-market economies a ‘pivotal element’ in global economic system due to effect they have on growth and stability, says Saudi Finance Minister Mohammed Al-Jadaan
RIYADH: The second annual AlUla Conference for Emerging Market Economies, which Saudi Arabia will host next week, offers a platform to exchange views on global developments and discuss policies and reforms that support inclusive growth and strengthen economic resilience, the Kingdom’s finance minister said.
The event on Feb. 8 and 9 will bring together finance ministers, governors of central banks and policymakers, alongside economic experts and representatives of international financial institutions.
Organized by the Saudi Ministry of Finance in partnership with the International Monetary Fund, it takes place as emerging-market economies face mounting challenges amid rapid global economic change.
Finance Minister Mohammed Al-Jadaan said the decision to host the conference reflects Saudi Arabia’s ongoing commitment to efforts that support global financial and economic stability, and highlights the growing influence of emerging economies on worldwide growth.
Emerging-market economies represent a “pivotal element” in the global economic system due to the direct impact they have on economic growth and stability, he added.
“The AlUla Conference for Emerging Market Economies provides a unique platform for exchanging views on global economic developments, and discussing policies and reforms that will support inclusive growth and enhance economic resilience, in light of broader international cooperation that contributes to confronting common challenges,” Al-Jadaan said.
Kristalina Georgieva, managing director of the IMF, said the event would help emerging economies deal with growing uncertainty driven by technological change, demographic shifts and geopolitical tensions.
“The AlUla conference provides a vital platform for emerging economies to discuss how they can navigate the risks and embrace the opportunities ahead,” she said.
“In these times of sweeping transformations in the global economy, policymakers face a more challenging and uncertain environment. Countries should work together to strengthen resilience through sound macroeconomic and financial policies.”
