Saudi Study: 65% of Future Jobs Don’t Currently Exist

Riyadh Gov. Prince Faisal bin Bandar inaugurates Tuesday Riyadh Economic Forum (REF), in its ninth edition. SPA
Riyadh Gov. Prince Faisal bin Bandar inaugurates Tuesday Riyadh Economic Forum (REF), in its ninth edition. SPA
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Saudi Study: 65% of Future Jobs Don’t Currently Exist

Riyadh Gov. Prince Faisal bin Bandar inaugurates Tuesday Riyadh Economic Forum (REF), in its ninth edition. SPA
Riyadh Gov. Prince Faisal bin Bandar inaugurates Tuesday Riyadh Economic Forum (REF), in its ninth edition. SPA

The Saudi Minister of Education, Dr. Hamad Al al-Sheikh, showcased Tuesday a study on future jobs, revealing that 65 percent of them don’t currently exist while 41 percent others are subject to replacement.

The study also showed a drop in the unemployment rate during the past four years, reaching 12 percent in 2019 from 12.8 percent in 2017.

Dr. Hamad stressed that some new jobs surfaced with time, and with the change of technique and industries. Also, some skills became a must in all fields, he continued.

The minister highlighted the need to know future jobs, 21st-century skills, and functions of the Fourth Industrial Revolution.

Riyadh Gov. Prince Faisal bin Bandar inaugurated Tuesday Riyadh Economic Forum (REF). Dr. Hamad chaired a session to study future jobs, in which it focused on outlooking future jobs in Saudi Arabia in response to international and local technical, social, and economic changes.

The Chairman of the Riyadh Chamber of Commerce and Industry (RCCI), Ajlan al-Ajlan, told Asharq Al-Awsat newspaper that the kingdom offers work to everyone.

The changes achieved in the past two years need 20 years to be accomplished, he said.

Moreover, REF continues to present studies and sessions from Jan. 21 till the 23rd of Jan. In its 9th edition, the forum tackles five studies on the role of balanced development in promoting reverse migration, economic reforms and their impact on economic development, the role of the not-for-profit sector in social and economic development, future jobs in the kingdom, and the impact of environmental issues on economic and social development.

This forum was launched 18 years ago to go in tandem with the development requirements and outlook the role that can be played by the private sector to reinforce researches and studies and to boost the economy.



Saudi Arabia Joins International Partnership for Hydrogen and Fuel Cells in the Economy

Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)
Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)
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Saudi Arabia Joins International Partnership for Hydrogen and Fuel Cells in the Economy

Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)
Officials from the Saudi Energy Ministry after the official announcement of joining the International Partnership for the Hydrogen and Fuel Cells in the Economy (Saudi Energy Ministry)

The Saudi Energy Ministry announced Saturday that the Kingdom has officially joined the International Partnership for the Hydrogen and Fuel Cells in the Economy (IPHE), as part of its ongoing efforts to foster international collaboration in developing this vital sector.
This accession marks a major step for the Kingdom, reinforcing its pioneering role in global sustainability efforts and in innovating advanced solutions for clean energy, the Ministry said in a statement.
It aligns with Saudi Arabia’s ambition to become a key producer and exporter of clean hydrogen, and to achieve greenhouse gases (GHGs) net-zero through the circular carbon economy approach by 2060, or before depending on technology maturity and availability, the statement added.
Saudi Arabia’s involvement in IPHE underscores its commitment to international cooperation as a cornerstone for attaining a more sustainable energy future.
The move also supports the objectives of the “Saudi Green Initiative” and “Middle East Green Initiative,” which focus on reducing carbon emissions and stimulating global demand for clean hydrogen, according to the statement.
"It also aims to contribute to the development and harmonization of regulations and standards that bolster the clean hydrogen economy,” it added.
IPHE serves as a crucial platform for fostering collaboration among member states to expedite the advancement and deployment of hydrogen and fuel cell technologies.
The partnership is dedicated to exchanging knowledge, supporting relevant research and technologies, and raising awareness about the importance of clean hydrogen in achieving sustainable development.
In this spirit, Saudi Arabia actively participates in numerous international organizations and initiatives linked to the production of clean and low-emission fuels, including the Innovation Mission Initiative, the Clean Energy Ministerial Meeting, the Zero Neutrality Forum for Producers, the Global Methane Initiative, and other related efforts.