It is about establishing a rehabilitation and employment company so that the company specializes in employing local workers of both genders, aged from 18 to 25 years. The rehabilitation and employment company aims to reduce unemployment among Saudi youth and increase youth participation in the labor market.
It is about establishing a qualification and employment company so that the company specializes in employing local workers of both sexes for ages from 18 to 25 years. The qualification and employment company aims to reduce unemployment among Saudi youth and increase youth participation in the labor market, by providing a variety of services such as consulting services for companies, Outsource employment services. Employee selection and appointment services, employment forums, qualification and career development services courses. The qualification and employment company also targets job seekers, graduate students, companies and factories seeking to employ workers. The qualification and employment company also equips and establishes an employment office to provide specialized employment services to employ local workers by relying on the best scientific and behavioral methods and advanced technology in providing suitable jobs for citizens through commitment to professionalism in performing work supported by a broad information base and widespread relationships, which achieves excellence in providing services with the business sector.
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).