Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Alshaya's retail academies to open in Jeddah and Dammam  Join our daily free Newsletter

MENAFN - Arab News - 02/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Building on the proven success of its retail academy in riyadh alshaya international trading co.(alshaya) has announced the opening later this year of a new academy in jeddah together with plans for a third academy in dammam in 2015.

the expansion plans will enhance alshaya’s ability to introduce more young women to the skills required for a career in retail and are underpinned by the recent renewal of alshaya’s funding partnership with the human resources development fund (hrdf).

the academy expansion plan follows on from pledges to recruit train and develop national talent which were made by alshaya executive chairman mohammed alshaya at the jeddah economic forum this march.

each retail academy will provide much needed real-world skills and retail sector experience to young nationals across the kingdom actively supporting the government’s nationalization goals.

alshaya has already successfully graduated 400 people from its riyadh retail academy and through its continued partnership with hrdf the company has committed to train 8000 young people over five years.

successful graduates have the guarantee of a job within the company’s portfolio of leading international retail brands.

alshaya which is one of the world’s leading retail franchise operators already operates over 600 stores in ksa and has ambitious growth and job creation plans across the country.

today around 2500 of its 5800 employees are already saudi nationals – more than 40 percent — which has seen the company earn nitaqat platinum status from the government for its commitment to nationalization.

the retail academies will play a key role in building n this number and also support the government’s goals of driving female employment.



entry onto the 13-week program at the academies is now exclusively for women.

from a zero base in 2012 alshaya has made great progress in creating roles for women and now employs more than 1600 women across its business in saudi arabia.

“the government’s support for alshaya’s retail academy initiative demonstrates how we are successfully working in partnership with the business community to drive job creation for our young people” said mohammed moselli deputy director general of hrdf.

“this partnership approach which is being delivered through the hrdf makes an important contribution to our economic growth and diversification plans and we are working hard to create new initiatives which build skills and opportunities. we are very pleased with the commitment that alshaya has made to the nationalization joint efforts and encourage others in the private sector to explore similar programs.”

mohammed alshaya executive chairman of alshaya commented: “the alshaya retail academy is a great example of how government and the private sector can successfully work together.”

he said: “the support of the ministry of labor and the hrdf has been key to the development of the academy. in turn the partnership supports our long term growth plans which will create many more job opportunities and careers for young saudi people.”

he added: “in some areas of the kingdom our nationalization rates are as high as 80 percent meaning four out of five of our employees are nationals. i see no reason why we should not raise these figures still further.”


 


Arab News




  MENA News Headlines
 Jul 27 2016 - Ascott, Bathel Alkhair agree on project in RiyadhMENAFN
(MENAFN) Ascott, a leading service residence owner-operator, is seeking to expand its operations in Saudi Arabia with plans for The Ascott Villas Riyadh.The company signed an agreement with Bathel ...

 Jul 27 2016 - Omran's to deliver three new hotels in MuscatMENAFN
(MENAFN) Oman Tourism Development firm (Omran), a leading tourism developer, heritage and multi-use projects, is on its way to deliver three new hotels in Muscat, boosting room's capacity in Oman by ...

 Jul 27 2016 - Dubai, Abu Dhabi witness Residential rents dropMENAFN
(MENAFN) Residential rents in Dubai and Abu Dhabi has experienced a remarkable drop during the first six months of this year, compared to the same period in 2015, according to a report.In detail, ...

 Jul 27 2016 - Libya fund picks PwC as official advisorMENAFN
(MENAFN) The Libyan Local Investment & Development Fund's (LLIDF) has chosen the professional services firm PwC as its advisor to enhance feasibility studies for three strategic schemes.By the ...

 Jul 27 2016 - Global companies battle to win Saudi projectsMENAFN
(MEANFN) A number of international firms have submitted bids for a consultancy deal to manage Saudi Arabia's National Project Management Office.In detail, a local report in Saudi has revealed that ...

 Jul 27 2016 - Kuwait- Visa for parentsArab Times
(MENAFN - Arab Times) I am in India and daily read the Legal Clinic column of your newspaper. I wish to get your advice on following problem, which you may or may not print it in newspaper. My son ...

 Jul 27 2016 - Kuwait- Landlord problems - Villa rentalArab Times
(MENAFN - Arab Times) First of all I would like to appreciate your service as it helps a lot in understanding the Kuwait laws. Getting further, our house owner has been creating problems for us. We ...

 Jul 27 2016 - It is Erdogan-Brotherhood coupArab Times
(MENAFN - Arab Times) Ahmed Al-Jarallah Editor-in-Chief, the Arab Times IT IS no longer hidden to anybody that Recep Tayyip Erdogan has turned what appears to be a botched coup d'etat, which to him ...

 Jul 27 2016 - Kuwait- Bachelor 'invasion'Arab Times
(MENAFN - Arab Times) I was living in one of the most peaceful residential areas an expat could dream for the last 12 years. I am talking about Block 1, Abu Halifa. In the last few years, a lot of ...

 Jul 27 2016 - Kuwait- Employees problemsArab Times
(MENAFN - Arab Times) I am writing to the Arab Times because I need advice regarding my employment status. Here's my story: Company A and company B went to a certain country to recruit employees. ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help