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07

Human Resource Development

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SIDF continues to better the work environment across various platforms by fostering competitiveness to attract top national talents and expertise. SIDF remains committed to implementing the highest international standards of quality and efficiency, culminating into notable milestones in 2023, including:
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Third: Training and Qualification Programs

SIDF’s Human Resources Department exerts consistent efforts in qualifying and training Saudi professionals through training programs that meet career progression plans in various SIDF job categories. The programs address all areas related to the nature of business functions. The programs held in 2023 included specialized basic courses, panel discussions, short courses, exhibitions, training courses, workshops, professional conferences, and practical on-the-job trainings. These programs are detailed as follows:

  • 34 trainees

    Including seven in the top 10 universities in the world, and five in Saudi universities.

  • 5 employees

    received accredited career certificate (CMA.2) (CFA.3)

  • 753 employees

    attended short training programs, including 31 conferences and exhibitions

  • 7 employees

    Trained at Roland Berger Global consulting

  • 2 employees

    Trained at the French Credit Agricole Bank

  • 9 employees

    Completed English Language Program

  • 2 employees

    received vocational training at Phoenix Club and Talento

  • 20 employees

    completed the rehabilitation of promising leaders courses with London Business School, within the (Leaders Development) program

  • 8 Workshops

    to introduce scholarships (Master’s degree) programs in collaboration with (Cranfield, Manchester, ESADE, IE, and Brandies Universities)

 
 
 
 
 
  • Training Agreements:
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    Ninety trainees received cooperative training during 2023 to gain experience for the labor market.

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    The cooperative training application mechanism was improved, as SIDF launched an electronic portal to receive all the cooperative and summer training applications, which align with the digital transformation and automation of services provided to all beneficiaries.

  • Cooperative Training:
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    Several training agreements were concluded on the pricing of SIDF training fees. The current number of partner training institutes and universities is 27, notably Wharton University, MIT, Columbia Business School, CCL, and Fitch Learning.

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    The agreement with the e-learning portal Future X was enforced by SIDF in August 2023. The portal offers more than 8000 training programs by providers such as Coursera and EDX. Over 300 SIDF employees registered for 13 different training tracks across150 targeted training programs for basic, technical and special-focus skills such as (industry, power, mining, digital transformation and leadership).

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    A preliminary agreement with the National Security Services Company (SAFE) was concluded to provide several training programs to improve the skills of SIDF security personnel.