INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

70% Saudization for project management jobs from February 2027

  • The decision covers private-sector establishments employing at least three workers in targeted project management professions.
  • Support includes recruitment, training, qualification, job retention and priority access to Saudization programs for covered employers.

Saudi Arabia’s Ministry of Human Resources and Social Development (HRSD), in partnership with the Ministry of Municipalities and Housing (MOMAH), has announced a decision to raise the Saudization rate for project management professions in the local private sector to 70 percent, effective Feb. 14, 2027.

The decision applies to all private-sector establishments employing three or more workers in the targeted professions at the entity level, the ministry said in a statement.

The targeted professions include project management managers, project management engineers and project management specialists. The decision applies to all covered establishments in accordance with the procedural guide.

The ministry published the procedural guide on its website, detailing the covered professions, implementation mechanisms, Saudization rate calculation and compliance requirements.

The ministry said support programs for private-sector establishments include assistance with recruitment and sourcing qualified candidates, employee training and qualification, recruitment and job retention, as well as priority access to Saudization support programs across the board.