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 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
 Apr 27 2015 - Omani Tourists Stranded In Nepal Foreign Ministry Forms Evacuation TeamMuscat Daily
(MENAFN - Muscat Daily) The Nepal Embassy in Muscat has said that five Omanis are stranded in Kathmandu which has been left devastated by the earthquake.Bharat Kumar Regmi, chargé d'affaires at the ...

 Apr 27 2015 - H E Rumhi To Open Comex TodayMuscat Daily
(MENAFN - Muscat Daily) The IT, Telecom and Technology Show (Comex 2015) will begin at the Oman International Exhibition Centre on Monday under the patronage of H E Dr Mohammad bin Hamad al Rumhi, ...

 Apr 27 2015 - Agreement On Direct Shipping Line Between Iran And Sohar SignedMuscat Daily
(MENAFN - Muscat Daily) A direct shipping line between Oman and Iran came to fruition with the signing of an agreement between the two countries on Saturday.The new route will be created between ...

 Apr 27 2015 - Eshtaghal EXPO employment fair open for 2 daysDaily News Egypt
(MENAFN - Daily News Egypt) The Eshtaghal EXPO kicked off Friday with the aim of breaking the barrier between youth and more than 25 companies."We are creating real work and training opportunities," ...

 Apr 27 2015 - $300m needed to complete Grand Egyptian Museum: Antiquities MinistryDaily News Egypt
(MENAFN - Daily News Egypt) The Ministry of Antiquities is working towards securing $300m to complete the Grand Egyptian Museum's construction, after costs rose from $800m to $1.1bn, Antiquities ...

 Apr 27 2015 - Housing ministry requests tightened measures to avoid construction violationsDaily News Egypt
(MENAFN - Daily News Egypt) Minister of Housing Mostafa Madbouly asked Minister of Local Development Adel Labib to tighten measures, place the necessary procedures and abide by the provisions of the ...

 Apr 27 2015 - Petroleum Ministry owes EGP 100bn to Finance MinistryDaily News Egypt
(MENAFN - Daily News Egypt) The Petroleum Ministry's crisis regarding its obligation to pay dues of foreign partners was aggravated recently, due to the petroleum sector paying support expenses from ...

 Apr 27 2015 - Surplus cement supply stabilises prices for 5th monthDaily News Egypt
(MENAFN - Daily News Egypt) Cement producers have decided to keep the prices of cement stable for the fifth consecutive month, Minister of Supply Khaled Hanafy announced Sunday.Medhat Stephanos, head ...

 Apr 27 2015 - Egypt- EGAS studies preparing Adabiya Port to receive 2nd gasification shipDaily News Egypt
(MENAFN - Daily News Egypt) The Egyptian Natural Gas Holding Company (EGAS) is looking into preparing Adabiya Port in Suez to be able to receive the second gasification ship, after being unable to ...

 Apr 27 2015 - Tourism minister, Egyptian ambassador discuss tourism relationsJordan News Agency
(MENAFN - Jordan News Agency) Minister of Tourism and Antiquities, Nayef Al Fayez, and Egyptian Ambassador to Jordan Khaled Tharwat, discussed ways to enhance relations in the tourism field.The ...

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

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