HRDF Provides 30% of Salaries of Saudis Working in Private Sector

HRDF Provides 30% of Salaries of Saudis Working in Private Sector
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HRDF Provides 30% of Salaries of Saudis Working in Private Sector

HRDF Provides 30% of Salaries of Saudis Working in Private Sector

The Human Resources Development Fund (HRDF ) provides 30% of the salaries of male and female Saudis working in private sector establishments in the first year in order to stimulate localization, raise the participation of male and female citizens in the labor market and provide them with skills needed by the market, the Saudi Press Agency (SPA) reported.

HRDF approved program support controls by directing 70 % of support for employment and 30% for training support, the period of financial support for the employee's salary extends for 36 months, at a rate of 30% of the monthly salary for the first year of support, 20% for the second year, and 10% for the third year.

Also, an additional percentage of support will be added when the establishment employs females or persons with disabilities, employs in small towns and villages, and if the size of the establishment is 50 workers or less.

According to SPA, the program also targets the two categories of jobs available in private sector establishments, namely male and female job seekers, who have not worked for more than 90 days and newly graduates.



SAL, Sela Sign SAR4 Billion Agreement to Establish Logistics Zone North of Riyadh

The signing ceremony was attended by Minister of Investment Khalid Al-Falih, Minister of Transport and Logistic Services Saleh Al-Jasser, General Authority of Civil Aviation President Abdulaziz Al-Duailej, Saudi Falcons Club CEO Talal bin Abdulaziz Al-Shamaisi, and several officials, investors, and business leaders. (SPA)
The signing ceremony was attended by Minister of Investment Khalid Al-Falih, Minister of Transport and Logistic Services Saleh Al-Jasser, General Authority of Civil Aviation President Abdulaziz Al-Duailej, Saudi Falcons Club CEO Talal bin Abdulaziz Al-Shamaisi, and several officials, investors, and business leaders. (SPA)
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SAL, Sela Sign SAR4 Billion Agreement to Establish Logistics Zone North of Riyadh

The signing ceremony was attended by Minister of Investment Khalid Al-Falih, Minister of Transport and Logistic Services Saleh Al-Jasser, General Authority of Civil Aviation President Abdulaziz Al-Duailej, Saudi Falcons Club CEO Talal bin Abdulaziz Al-Shamaisi, and several officials, investors, and business leaders. (SPA)
The signing ceremony was attended by Minister of Investment Khalid Al-Falih, Minister of Transport and Logistic Services Saleh Al-Jasser, General Authority of Civil Aviation President Abdulaziz Al-Duailej, Saudi Falcons Club CEO Talal bin Abdulaziz Al-Shamaisi, and several officials, investors, and business leaders. (SPA)

The SAL Saudi Logistics Services Company and Sela Company signed an agreement in Riyadh to launch the SAR4-billion SAL Logistics Zone, covering more than 1.5 million square meters within the Falcons City project north of Riyadh, reported the Saudi Press Agency on Tuesday.

The initiative aligns with their joint efforts to boost strategic partnerships, support the logistics sector, and boost the Kingdom’s position as a global logistics hub in line with Saudi Vision 2030 and the National Transport and Logistics Strategy.

The signing ceremony was attended by Minister of Investment Khalid Al-Falih, Minister of Transport and Logistic Services Saleh Al-Jasser, General Authority of Civil Aviation President Abdulaziz Al-Duailej, Saudi Falcons Club CEO Talal bin Abdulaziz Al-Shamaisi, and several officials, investors, and business leaders.

Falcon City, for which the agreement was signed by SAL CEO Omar bin Talal Hariri and Sela Managing Director Rakan Al-Harthy, enhances the appeal of the Malham area north of Riyadh.

Home to the Saudi Falcons Club, one of the region’s most prominent cultural and heritage landmarks, the area has contributed to tourism and cultural activities through its programs, events, and international initiatives. This integration of economic projects with heritage activities attracts visitors and investors while reinforcing the area’s status as a comprehensive destination that blends a modern economy with the preservation of Saudi Arabia’s cultural heritage.

Hariri stressed that the new logistics zone will significantly bolster the company’s capabilities due to its strategic location near King Khalid International Airport, major highways, and rail networks connecting various regions of the Kingdom. This will solidify its position as a comprehensive hub for shipping and distribution operations, further supporting Saudi Arabia’s role as a key global trade center.

He noted that the SAR4-billion investment in developing a model logistics zone aligns with SAL’s strategic plan to strengthen its leadership as a national logistics provider that adheres to the highest global standards. The zone will feature high-quality, Category A warehouses and storage spaces designed to meet diverse requirements.

Falcons City represents an advanced model of integrated cities, spanning 14.4 million square meters in the Malham area north of Riyadh. Its strategic location ensures easy accessibility and includes key facilities such as the Riyadh Exhibition and Convention Center, a state-of-the-art logistics zone attracting major global companies, an aviation runway, and an aircraft maintenance area, all of which enhance air transport and cargo efficiency.

The project also features economic, commercial, residential, hospitality, and entertainment zones, along with an outlet mall to attract investors, residents, and visitors.