Quotes: US 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 on 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
 Sep 18 2014 - UAE- DED and DQG host Share Best Practice ConferenceKhaleej Times
(MENAFN - Khaleej Times) The Department of Economic Development (DED) and Dubai Quality Group on Wednesday hosted the 'Share Best Practice Conference and Exhibition 2014' with an aim to share the ...

 Sep 18 2014 - UAE- Dolphin Energy achieves 5 trillion SCF output milestoneKhaleej Times
(MENAFN - Khaleej Times) The Dolphin Project involves the production and processing of natural gas from Qatar's North Field, and transportation of the dry gas by sub-sea export pipeline from Qatar to ...

 Sep 18 2014 - Acer unveils new line-up, eyes increased market share in UAEKhaleej Times
(MENAFN - Khaleej Times) Acer unveiled its new line-up of touch-based products portfolio at its first-ever annual showcase in Dubai on Wednesday.The Taiwanese company, which is No.1 for the last 16 ...

 Sep 18 2014 - Qatar- HH the Emir Sends Congratulations to President of ChileQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani sent Thursday a cable of congratulations to President of the Republic of Chile Michelle Bachelet on the occasion of the anniversary of her ...

 Sep 18 2014 - Qatar- HE Premier Sends Congratulations to President of ChileQatar News Agency
(MENAFN - QNA) HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani sent Thursday a cable of congratulations to President of the Republic of Chile Michelle ...

 Sep 18 2014 - President Rouhani Condemns Massacre of Innocent People by ISIS ElementsQatar News Agency
(MENAFN - QNA) Iranian President Hassan Rouhani has condemned the killing of innocent people by terrorist groups. He made the remarks in an exclusive interview with the NBC News Network in Tehran ...

 Sep 18 2014 - FBI: ISIS May Take More Hostages in Order to Force US ConcessionsQatar News Agency
(MENAFN - QNA) US Federal Bureau of Investigation (FBI) Director James Comey said in written testimony to Congress Wednesday that Americans within reach of the Islamic State of Iraq and Syria (ISIS) ...

 Sep 18 2014 - WHO Investigates Children Deaths after Measles Vaccination in SyrianQatar News Agency
(MENAFN - QNA) The World Health Organization (WHO) and UN Children's Fund (UNICEF) have initiated the investigation into the death of 15 children in Syria who were vaccinated against measles, UNICEF ...

 Sep 18 2014 - UAE- 787-9 Dreamliner, A380 to boost Etihad's operationsKhaleej Times
(MENAFN - Khaleej Times) "The new jumbos will deliver new, industry-leading in-flight product," said James Hogan, the chief executive of Etihad Airways, while speaking to more than 700 delegates from ...

 Sep 18 2014 - UAE- Komatsu awards Galadari for superior market shareKhaleej Times
(MENAFN - Khaleej Times) Hisashi Shinozuka, Director and Senior Executive Officer of Komatsu Ltd and President of Komatsu's Construction & Mining Equipment Division, presented the 'Best achievement ...

more...


 






Google

Click to Apply

 
 

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

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

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
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

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


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help