Digital transformation to create one million Saudi jobs

In a virtual meeting held by the Saudi B20 and the Organisation for Economic Co-operation and Development (OECD), experts unveiled how the promotion of digital transformation in several industries and sectors during the COVID-19 pandemic is expected to allow the Kingdom of Saudi Arabia (KSA) to create an estimated one million jobs over the next five years. ‘We need to ensure that young women receive training and guidance when they enter the job market or start their own businesses, and the Kingdom has adopted many initiatives and investments to qualify young men and women through education. In 2019, the Kingdom allocated SR1 billion (US$266 million) to support universities in preparing students for the job market’, noted the chief executive of the STC Group and the head of the Digital Transformation Working Group of the Saudi B20 business group Nasser bin Suleiman Al-Nasser.