Almarai Organizes Annual Nationalization Ceremony 2024 and Signs New Agreements to Train and Qualify Saudi Youth for the Job Market
Under the slogan ” Nationalization as a Strategic Goal,” Almarai Company organized its annual Nationalization Ceremony 2024 on Sunday, May 26, 2024, corresponding to 18 Dhul-Qi’dah 1445 AH.
The ceremony witnessed the signing of several significant agreements with Hail University, Prince Sattam bin Abdulaziz University, Imam Muhammad bin Saud Islamic University, the Authority for the Care of Persons with Disabilities, the Saudi Logistics Academy, the Food Industries Institute, and the Ikhaa Charity Association for Orphans Care. The event was attended by Mr. Abdullah bin Nasser Al-Bader, CEO of Almarai, along with leaders and officials from all participating entities, as well as the executive management and directors of various company sectors.
The signed agreements aim to qualify and train more Saudi youth to attract them to the labor market in the food and beverage industry through Almarai’s training and employment programs.
Al-Bader, confirmed that Nationalization is one of the top priorities in Almarai’s comprehensive strategic plans, especially since the company is one of the largest work environments in Saudi Arabia. He pointed out that the total number of Saudi employees is approximately 10,000, including more than 800 female employees and over 500 employees with special needs.
Al-Bader explained that the five-year investment plan (2024–2028) recently launched by Almarai will increase investments by over 18 billion riyals, aiming to enhance the Kingdom’s food security. He emphasized that developing human capital is one of the key elements for the success of implementing these plans and programs, given the passion and high capabilities of the nation’s youth.
He added that Almarai’s classification in the Nitaqat program, which is concerned with Nationalization of jobs in the private sector, is at the platinum and high green levels. He noted that the company’s success in Nationalization came through providing an integrated system of initiatives and training and qualification programs for national human resources, as the company provided more than half a million training hours for its employees during 2023, which increased the company’s employee retention rate to 90%.
On his part, Mr. Fahd bin Mohammed Al-Drees, Chief Human Resources Officer at Almarai, reviewed the success of Almarai’s Nationalization programs. He pointed out that the company works in coordination with all partners to build and develop an integrated system of qualitative training and qualification initiatives and programs to supply various sectors and departments of the company with qualified national cadres under the slogan ” Nationalization as a Strategic Goal.”