It is about establishing a closed joint stock company to recruit workers. It works in the activity of mediating in recruiting workers and providing general and domestic labor services while ensuring the continuity of the workers throughout the contract period. The need for domestic and professional workers arises as a result of population growth with the increase in the number of companies and the increase in individual income, which has created an urgent need for this category of workers.
The project involves establishing a closed joint-stock company specialized in labor recruitment. The company operates in the intermediary field of recruiting both domestic and professional labor services, ensuring the continuity of labor throughout the contract period. The demand for domestic and professional workers has increased due to population growth, the rise in the number of companies, and higher individual income, which has created a pressing need for this category of workers. The company focuses on recruiting labor for various needs, including drivers, guards, gardeners, housemaids (such as nannies, cooks, and seamstresses), as well as professional workers for institutions, companies, and factories.
The company’s goal is to elevate the quality of labor recruitment services and provide efficient labor services to others. It also ensures the protection of the contractual rights of all parties involved. The company aims to offer job opportunities while selecting and recruiting highly qualified workers that align with the needs of employers, while respecting the culture, traditions, and privacy of the society. Additionally, the company strives to organize and improve the labor recruitment industry, presenting the best possible image abroad. The company plays a significant role in addressing the growing demand for labor services.
Executive Summary
Study of project services/products
Market size study.
Risk assessment study.
Technical study
Financial study.
Organizational and administrative study.
The service sector does not rely on raw materials or goods for sale; rather, its activities are centered around providing intangible services. Like this: Transportation services, hospitality services, healthcare services, and others. This sector is considered the main driver of major economies; for example, in the United States, the service sector accounts for 85% of the GDP. As for the service sector in Saudi Arabia, statistics and indicators confirm its contribution of about 48.02% to the GDP. This vital sector includes five main activities.
Namely:
The Gross Domestic Product (GDP) in Saudi Arabia reached 2,625,442 million SAR, with the “Wholesale and retail trade, restaurants, and hotels” sector contributing approximately 10.8% (284,579 million SAR).
Contributes approximately 6.6% (172,304 million SAR).
The Financial, Insurance, Real Estate, and Business Services sector contributes approximately 6.4% (SAR 377,725 million) to the Gross Domestic Product (GDP).
This sector contributes approximately 2.5% (SAR 65,729 million) to the Gross Domestic Product (GDP).
It contributes 21.9% (SAR 576,089 million) to the Gross Domestic Product (GDP).
