Alshaya honoured for supporting Saudi citizens in Retail

Riyadh, 29 June 2012: Earlier this month Alshaya was awarded with a certificate of appreciation from Saudi Arabia’s Minister of Labour for its role in reinforcing the government’s initiatives to train Saudi citizens in the private sector and encourage their professional development. During a graduation ceremony which was held by the Chamber of Commerce and Industry in Riyadh for a group of students registered in a specialised, vocational programme, the Minister of Labour, Engineer Adel Bin Mohammad Faqih, praised Alshaya for supporting the growth of Saudi citizens in the retail industry, a pivotal sector in the Kingdom’s economy.

Hisham Al-Khaledi, Alshaya’s Regional HR Director in Saudi Arabia, accepted the award on behalf of the company. He applauded the Ministry as well as the Chamber of Commerce and Industry for taking an active role in supporting Saudi citizens in the burgeoning retail industry.

Speaking on behalf of Mohammed Alshaya, the Executive Chairman of M.H. Alshaya Co., he said: “Our company continuously strives to attract Saudi nationals and train them within the retail industry. Currently, Alshaya employs almost 2,200 Saudi men and women, who represent 50% of our total workforce in the Kingdom. Our employment objectives are to not only sustain the rate of Saudization as approved by the Ministry, but also to develop and train Saudi citizens and enable them to effectively contribute to the national economy.”

Alshaya recently entered into a strategic partnership with the Human Resources Development Fund in Saudi Arabia which will see the company provide specialised training courses in retail sales techniques at a new Alshaya Retail Academy. Over the next five years approximately 8,000 Saudi men and women will be offered full-time employment positions across Alshaya’s many retail outlets in the Kingdom following successful completion of their course. This strategic partnership supports Alshaya’s goal of increasing the number of Saudi citizens employed in the private sector – an initiative which will reflect positively on the national economy.