Government

Saudi Officials Highlight National Progress at Global Labor Market Summit

Published December 13, 2023

In a significant gathering that spotlighted Saudi Arabia's growing influence on the global stage, high-ranking Saudi officials convened at the Global Labor Market Conference to discuss the country's successes and strategies in local and international spheres. Key figures at the event provided insights into the Kingdom's economic and employment milestones, as well as future aspirations.

Economic Growth Bolstered by AI

The success of artificial intelligence (AI) initiatives in Saudi Arabia was a prime topic of discussion, with the Minister of Communication attributing the nation's advancements to the personal commitment of HRH Crown Prince. This approach has yielded substantial progress and positioned the country as a forerunner in AI technology.

National Tourism Strategy's Employment Triumph

The Minister of Tourism elaborated on the achievements of Saudi Arabia's National Tourism Strategy. A significant boost in employment figures was showcased, with the creation of 250,000 new jobs being a testament to the strategy's efficacy. The Ministry remains on course to reach its ambitious target of providing 1 million job opportunities in the sector, indicative of a rapidly expanding tourism industry.

Local Talent Development a Top Priority for Investment Ministry

Underpinning these successes is the Ministry of Investment's dedicated approach to nurturing local talent. Elevating the skillset of the domestic workforce has been identified as an essential component for sustaining growth and ensuring that the benefits of investment strategies are felt across Saudi society.

Economy, Employment, AI