![]() ![]() Job creation for Saudi nationals – over 60 percent of whom are under the age of 35 – is a top priority within the Vision 2030 plan. ![]() We have a role to play in building the capabilities of Saudi nationals.” Dubai-headquartered THA Staffing has just opened its first office in Saudi Arabia. “However, the entire Saudisation strategy is testament to the ruler’s desire to create a strong workforce. ![]() “As the market continues to boom, there is a high demand for collaboration between the UAE and the kingdom to leverage the expertise residing in the UAE given, to date, it has been the events capital of the Middle East,” said Shams Moloo, THA Staffing director of strategy and business development. ![]() The company has deployed over 1,000 freelancers into Saudi over the last four months and is aiming to double that number in the next six months. The launch of the EIF is forecast to create up to 16,000 new jobs, offering lucrative opportunities for UAE-based events management companies.ĭubai-headquartered THA Staffing, which provides short-term staffing solutions, last week opened its first office in the kingdom. It is all part of the kingdom’s bid to increase the tourism sector’s contribution from its current three percent of annual GDP to more than 10 percent. Bollywood filmmaker trains camera on Gulf locations.Saudi sets up fund targeting global events sector.More Saudi-backed mega-deals likely as sports push intensifies.With the kingdom launching the Events Investment Fund (EIF) in January, with plans to conceptualise, finance and oversee the development of more than 35 venues by 2030, many more such events are likely to follow. The bout was the latest footnote in Saudi Arabia’s goal to become a global hub for entertainment and sporting events. EIF aims to create 16,000 new tourism and events jobsīritish boxer Tommy Fury achieved a close victory over American rival Jake Paul in Riyadh on Sunday, in front of celebrities such as Mike Tyson and Cristiano Ronaldo.Events Investment Fund and PIF subsidiary Seven fuel events growth.Kingdom is becoming a major market for UAE events companies.Saudi Arabia has reported more than 395,000 coronavirus infections and 6,700 deaths from Covid-19.Tommy Fury's victory over Jake Paul at the Diriyah Arena is the latest in Saudi Arabia’s goal to become a global entertainment and sporting hub Saudi Arabia has invited international musicians – from Janet Jackson to 50 Cent and Korean pop group BTS – for concerts that were unimaginable in the country just four years ago, loosening decades-old restrictions on entertainment.īut the pandemic has put a brake on the country’s ambitious push to revamp its global image and draw tourists. The Kingdom began issuing tourist visas for the first time in 2019. The centuries-old AlUla, an area roughly the size of Belgium where Nabatean tombs and art are chiseled into caramel-hued rock, is seen as the centerpiece of Saudi tourism attractions. The singer belted out Leonard Cohen’s “Hallelujah” in a duet with his young daughter Virginia to an audience that organizers said was limited to less than 300, due to the coronavirus pandemic. Bocelli, who has performed in the kingdom at least twice before, was the “first artist in known history to stage a concert within the city walls of Hegra”, organizers of the televised event said. ![]()
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