Saudi Human Resources Development Fund
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Saudi Human Resources Development Fund
The Human Resources Development Fund (HRDF) is a Saudi governmental authority that was established by a royal decree in July 2000. It falls under the Saudi Ministry of Labor and Social Development. HRDF is mainly concerned with providing financial support to organizations that train and qualify Saudis in the private sector. Thus, in order to motivate the private sector in Saudi Arabia to hire Saudi citizens, HRDF pays 30% of the salaries paid to Saudis working in the private sector in the first year of employment. Moreover, Hadaf supports Saudi entrepreneurs. Online Portal HRDF has launched an online portal to facilitate entrepreneurs. The portal provides an interactive support to entrepreneurs and small businesses throughout the phases of project establishment. This includes giving them ideas, financial solutions and information to help them making decisions. Saudi Women Empowerment Program The program aims at encouraging Saudi women to enter the workforce in Saudi Arabi ...
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Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Ar ...
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Authority
In the fields of sociology and political science, authority is the legitimate power of a person or group over other people. In a civil state, ''authority'' is practiced in ways such a judicial branch or an executive branch of government.''The New Fontana Dictionary of Modern Thought'' Third Edition, Allan Bullock and Stephen Trombley, Eds. p. 115. In the exercise of governance, the terms ''authority'' and ''power'' are inaccurate synonyms. The term ''authority'' identifies the political legitimacy, which grants and justifies the ruler's right to exercise the power of government; and the term ''power'' identifies the ability to accomplish an authorized goal, either by compliance or by obedience; hence, ''authority'' is the ''power'' to make decisions and the legitimacy to make such legal decisions and order their execution. History Ancient history, Ancient understandings of authority trace back to Ancient Rome, Rome and draw later from Catholic (Thomism, Thomistic) thought and ...
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Decree
A decree is a legal proclamation, usually issued by a head of state (such as the president of a republic or a monarch), according to certain procedures (usually established in a constitution). It has the force of law. The particular term used for this concept may vary from country to country. The ''executive orders'' made by the President of the United States, for example, are decrees (although a decree is not exactly an order). Decree by jurisdiction Belgium In Belgium, a decree is a law of a community or regional parliament, e.g. the Flemish Parliament. France The word ''décret'', literally "decree", is an old legal usage in France and is used to refer to executive orders issued by the French President or Prime Minister. Any such order must not violate the French Constitution or Civil Code, and a party has the right to request an order be annulled in the French Council of State. Orders must be ratified by Parliament before they can be modified into legislative Acts. Special ...
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Ministry Of Labor And Social Development (Saudi Arabia)
The Ministry of Human Resources and Social Development (HRSD; ) is a government ministry in Saudi Arabia was established in 2019 after merging Ministry of Labour and Social Development with Ministry of Civil Service. It is responsible for providing the community with development, support, and protection. The Ministry is also in charge of labor affairs and its related issues and policies. The current Minister is Ahmed al-Rajhi who was appointed in June 2018. According to the Global Competitiveness Report 2019, compared to the previous year, the Kingdom advanced 13 ranks in the labor and production market efficiency index. Also, it advanced 17 ranks from 2018 in both the “Small and Medium Enterprises Finance” and “Availability of venture capital” respectively, moving up 5 ranks in human capital skills, innovation ability and business dynamics. The Ministry was able to gain EFQM certificate from the European Foundation for Quality Management EFQM as the first entity in the ...
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Private Sector
The private sector is the part of the economy, sometimes referred to as the citizen sector, which is owned by private groups, usually as a means of establishment for profit or non profit, rather than being owned by the government. Employment The private sector employs most of the workforce in some countries. In private sector, activities are guided by the motive to earn money. A 2013 study by the International Finance Corporation (part of the World Bank Group) identified that 90 percent of jobs in developing countries are in the private sector. Diversification In free enterprise countries, such as the United States, the private sector is wider, and the state places fewer constraints on firms. In countries with more government authority, such as China, the public sector makes up most of the economy. Regulation States legally regulate the private sector. Businesses operating within a country must comply with the laws in that country. In some cases, usually involving multinatio ...
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Zawya
Thomson Reuters Corporation ( ) is a Canadian multinational media conglomerate. The company was founded in Toronto, Ontario, Canada, where it is headquartered at the Bay Adelaide Centre. Thomson Reuters was created by the Thomson Corporation's purchase of the British company Reuters Group in April 2008. It is majority-owned by The Woodbridge Company, a holding company for the Thomson family. History Thomson Corporation The forerunner of the Thomson company was founded by Roy Thomson in 1934 in Ontario, as the publisher of ''The Timmins Daily Press''. In 1953, Thomson acquired the ''Scotsman'' newspaper and moved to Scotland the following year. He consolidated his media position in Scotland in 1957, when he won the franchise for Scottish Television. In 1959, he bought the Kemsley Group, a purchase that eventually gave him control of the ''Sunday Times''. He separately acquired the ''Times'' in 1967. He moved into the airline business in 1965, when he acquired Britannia ...
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Saudis
Saudis ( ar, سعوديون, Suʿūdiyyūn) are people identified with the country of Saudi Arabia. This connection may be residential, legal, historical or cultural. The Saudis are composed mainly of Arabs and primarily speak a regional dialect of Peninsular Arabic. Saudi Arabia is ruled by the House of Saud. According to the 2010 census, Saudi nationals represented approximately 31,335,377 making up 86.1% of the total population. Saudi Arabia is a state governed by absolute monarchy, with the king as its head of state. Census The Saudi population as of the 2010 official census was 19,335,377, making up 74.1% of the total population. The remaining population has 6,755,178 non-nationals, representing 25.9%. The first official population census of Saudi Arabia was in 1974. It had 6,218,361 Saudi nationals and 791,105 non-nationals for a total of 7,009,466. Of those, 5,147,056 people were settled and the number of nomads recorded were 1.86 million. Until the 1960s, much of th ...
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Entrepreneurship
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit." The people who create these businesses are often referred to as entrepreneurs. While de ...
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Arab News
''Arab News'' is an English-language daily newspaper published in Saudi Arabia. It is published from Riyadh. The target audiences of the paper, which is published in broadsheet format, are businessmen, executives and diplomats. At least as of May 2019, ''Arab News'' was owned by Prince Turki bin Salman Al Saud, the brother of the ruling Crown Prince of Saudi Arabia Muhammad bin Salman (aka MBS). History ''Arab News'' was founded in Jeddah on 20 April 1975 by Hisham Hafiz and his brother Mohammad Hafiz. () It was the first English-language daily newspaper published in Saudi Arabia. ''Arab News'' is also the first publication of SRPC. The daily was jointly named by Kamal Adham, Hisham Hafiz and Turki bin Faisal. The paper is one of twenty-nine publications published by Saudi Research and Publishing Company (SRPC), a subsidiary of Saudi Research and Marketing Group (SRMG). The former chairman of SRMG and therefore, ''Arab News'' is Turki bin Salman Al Saud. He was succeeded by P ...
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Online Portal
A web portal is a specially designed website that brings information from diverse sources, like emails, Internet forum, online forums and Web search engine, search engines, together in a uniform way. Usually, each information source gets its dedicated area on the page for displaying information (a portlet); often, the user can configure which ones to display. Variants of portals include mashup (web application hybrid), mashups and intranet "dashboards" for executives and managers. The extent to which content is displayed in a "uniform way" may depend on the intended user and the intended purpose, as well as the diversity of the content. Very often design emphasis is on a certain "metaphor" for configuring and customizing the presentation of the content (e.g., a dashboard or map) and the chosen implementation framework or code libraries. In addition, the role of the user in an organization may determine which content can be added to the portal or deleted from the portal configuration ...
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Small Business
Small businesses are types of corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy varies depending on the country and industry. Small businesses range from fifteen employees under the Australian ''Fair Work Act 2009'', fifty employees according to the definition used by the European Union, and fewer than five hundred employees to qualify for many U.S. Small Business Administration programs. While small businesses can also be classified according to other methods, such as annual revenues, shipments, sales, assets, or by annual gross or net revenue or net profits, the number of employees is one of the most widely used measures. Small businesses in many countries include service or retail operations such as convenience stores, small grocery stores, bakeries ...
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Working Parent
A working parent is a father or a mother who engages in a work life. Contrary to the popular belief that work equates to efforts aside from parents' duties as a childcare provider and homemaker, it is thought that housewives or househusbands count as working parents. The variations of family structures include, but are not limited to, heterosexual couples where the father is the breadwinner and the mother keeps her duties focused within the home, homosexual parents who take on a range of work and home styles, single working mothers, and single working fathers. There are also married parents who are dual-earners, in which both parents provide income to support their family. Throughout the 20th century, family work structures experienced significant changes. This was shown by the range of work opportunities each parent was able to take and was expected to do, to fluctuations in wages, benefits, and time available to spend with children. These family structures sometimes raise much conce ...
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