‘Takamol’ CEO: 1 Mln Daily Operations Tracked on ‘Qiwa’ Platform

One of the job fairs that bring together companies and job seekers in Saudi Arabia (Asharq Al-Awsat)
One of the job fairs that bring together companies and job seekers in Saudi Arabia (Asharq Al-Awsat)
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‘Takamol’ CEO: 1 Mln Daily Operations Tracked on ‘Qiwa’ Platform

One of the job fairs that bring together companies and job seekers in Saudi Arabia (Asharq Al-Awsat)
One of the job fairs that bring together companies and job seekers in Saudi Arabia (Asharq Al-Awsat)

A Saudi official has revealed a new initiative dedicated to achieving an integrated employment market and fixing issues in the Kingdom’s job market. The initiative combines various services into one platform, “Qiwa.”

Qiwa is a unified platform for automating the services of the Ministry of Human Resources in the labor sector to be a meeting point between establishments and workers in the private sector.

Qiwa connects businesses, individuals, and public services.

Dr. Ahmed Al-Yamani, CEO of “Takamol,” a Saudi government-backed company, explained that traditionally, tasks like visa issuance and contract documentation were scattered.

Now, everything happens on a single automated platform, making things much easier for employers. This move seeks to modernize and streamline the job market processes in Saudi Arabia.

Speaking to Asharq Al-Awsat, the CEO of Takamol reflected on how much the labor market has changed.

Al-Yamani revealed that Takamol used to handle 10,000 to 20,000 tasks daily on the Qiwa platform, but now it’s over a million.

This boost in efficiency makes services smoother and helps with economic growth, Al-Yamani stressed, saying Takamol is a big part of Saudi Arabia’s labor market, supporting the goals of the Kingdom’s national transformation plan, “Vision 2030.”

The services inspired by the Vision’s initiatives didn’t just stop at organization; the labor market always needs empowerment.

“We began by launching two platforms, around four or five years ago, for the Human Resources Development Fund,” said Al-Yamani.

“When we started, the idea was to address the problem of very low female participation in the Saudi labor market, which was below 19%,” he added.

“Our goal was to reach 39 or 40% by 2030. We launched several programs, including remote training and skill enhancement, so that women, youth, or anyone seeking or already in employment could develop their abilities easily and quickly through these platforms,” explained the CEO.

“Now, millions of users have accessed them, accumulating millions of training hours,” revealed Al-Yamani.



Egypt to Auction 550 Million Euros in One-year Euro-denominated T-bills

A view of the city skyline and River Nile from Cairo tower building in the capital of Cairo, Egypt December 5, 2019. REUTERS/Amr Abdallah Dalsh/File Photo
A view of the city skyline and River Nile from Cairo tower building in the capital of Cairo, Egypt December 5, 2019. REUTERS/Amr Abdallah Dalsh/File Photo
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Egypt to Auction 550 Million Euros in One-year Euro-denominated T-bills

A view of the city skyline and River Nile from Cairo tower building in the capital of Cairo, Egypt December 5, 2019. REUTERS/Amr Abdallah Dalsh/File Photo
A view of the city skyline and River Nile from Cairo tower building in the capital of Cairo, Egypt December 5, 2019. REUTERS/Amr Abdallah Dalsh/File Photo

Egypt will auction 550 million euros ($640.15 million) in one-year euro treasury bills on Monday, the central bank said on Sunday.

The bills will replace 609.8 million euros in maturing one-year T-bills that carried an average weighted yield of 3.75%.

In other economic news, Egypt's annual urban consumer price inflation dropped to 13.9% in July from 14.9% in June, data from statistics agency CAPMAS showed on Sunday.

Urban food and beverage prices were down 3% overall compared to June 2025 but rose by 3.4% against July 2024.

Urban inflation on a monthly basis inched down in July by 0.5% compared to June, as meat and poultry prices were down by 4.9%, fruits by 11% and vegetables by 7%, while the prices of bread and cereals were up by 0.4% and seafood by 0.2%.

Egypt's annual inflation has plunged from a record high of 38% in September 2023, helped by an $8 billion financial support package agreed with the International Monetary Fund in March 2024.