Riyadh to Host Human Resources and Manpower Forum

People attend a previous edition of the Human Resources and Manpower Forum. (Asharq Al-Awsat)
People attend a previous edition of the Human Resources and Manpower Forum. (Asharq Al-Awsat)
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Riyadh to Host Human Resources and Manpower Forum

People attend a previous edition of the Human Resources and Manpower Forum. (Asharq Al-Awsat)
People attend a previous edition of the Human Resources and Manpower Forum. (Asharq Al-Awsat)

The Saudi capital will host the sixth edition of the Human Resources and Manpower Forum and Exhibition from Oct. 27-30, featuring participation from the largest human resources and recruitment companies in the Kingdom, along with a wide international presence from 16 European, Asian, and African countries.

The annual forum is unique in the Middle East and highlights the centrality and role of human resources in various development sectors. It also reflects Riyadh’s growing status as a hub for distinguished events and exhibitions, further emphasized by the Kingdom’s successful bid to host Expo 2030.

The forum will see participation from various diplomatic missions and foreign ambassadors in the Kingdom, serving as an annual platform that brings together leading companies in the human resources and workforce sectors, both locally and globally, with HR officials from different entities, specialties, and business sectors, including domestic work.

Saudi Arabia ranks high among the most attractive countries for human capital across various fields and has made significant progress in making its labor market more appealing, particularly with the initiatives, programs, and regulations aimed at raising quality and improving services.

The forum will be held at the Riyadh International Convention and Exhibition Center, welcoming visitors daily from 12 PM to 10 PM.



Saudi Market Closes at Highest Level in a Month at 11,068 Points

An investor walks past a screen displaying information on the Saudi stock market in Riyadh (Reuters)
An investor walks past a screen displaying information on the Saudi stock market in Riyadh (Reuters)
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Saudi Market Closes at Highest Level in a Month at 11,068 Points

An investor walks past a screen displaying information on the Saudi stock market in Riyadh (Reuters)
An investor walks past a screen displaying information on the Saudi stock market in Riyadh (Reuters)

Saudi Arabia’s main stock index (TASI) rose on Thursday by about 94.29 points, or 0.86%, closing at 11,068.27 points, its highest level in over a month. Trading liquidity reached SAR5.7 billion (approximately $1.5 billion), marking the biggest weekly gains in two years.

Shares of Saudi Aramco, the heaviest-weighted stock in the index, advanced 0.66% to 24.30 riyals.

In the banking sector, Al Rajhi Bank and Saudi National Bank shares climbed 0.85% and 0.98% respectively, closing at 94.7 riyals and 36 riyals.

Mining giant Ma’aden and petrochemical company SABIC saw their shares rise by 0.39% and 0.73%, ending the session at 50.9 riyals and 54.9 riyals respectively.

ADES Holding led the gainers, jumping 7% to 13.82 riyals, followed by Gypsum Co. (Jebsco), which rose 5.6% to 22.4 riyals.

On the other hand, newly listed SMC Health Care recorded the steepest decline, falling 3.3% to 23.36 riyals, while shares of Mutawareh dropped 2.5% to 26.75 riyals.

Meanwhile, the Saudi Parallel Market Index (Nomu) rose 0.8%, closing at 27,053.1 points. Trading value on Nomu reached 23.5 million riyals, with 3.2 million shares changing hands.