logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. HRDF launches new training push with SAR 324 mn partnership deals

HRDF launches new training push with SAR 324 mn partnership deals

GHADA.ISMAIL
Dec 11, 2025
Energy, health, and culinary academies join forces to equip young Saudis with market-ready skills

Riyadh – Sharikat Mubasher: Saudi Arabia’s Human Resources Development Fund (HRDF) signed three major agreements worth SAR 324 million to train and prepare 2,191 job seekers across the Kingdom.

The deals were finalized with the Energy and Water Academy (EWA), the Health Academy, and ZADK Culinary Academy, marking a new step in strengthening vocational training pathways for Saudi youth.

The partnerships focus on equipping young Saudis with specialized, in-demand skills that match the evolving needs of the labor market in sectors such as energy, healthcare, and culinary arts. By expanding professional development programs, HRDF aims to improve employability outcomes and support the country's broader workforce development goals under Vision 2030.

The agreements were signed during the Development Finance Conference (MOMENTUM 2025) in Riyadh, attended by senior officials from HRDF and the leadership of the three academies.

The Fund emphasized that these initiatives will help job seekers gain practical competencies and secure better employment opportunities in high-growth industries.

Tags

HRDF
partnerships
training programs
MOMENTUM 2025
Share

Attract clients with your ad

Start Now

Trending

Applied AI closes pre-Series B round to accelerate global expansion
MUBASHER
EVIQ, Roads Authority join hands to advance EV charging services in Kingdom
MUBASHER.SA
NEOPAY partners with Nymbl to enable Nymbl QX
MUBASHER
EdfaPay launches SoftPOS services after SAMA approval
MUBASHER.SA
Rawajeh Group acquires stake in Khwarizmi Holding
Riyadh - Sharikat Mubasher: Rawajeh Group, a leading real estate developer in Saudi Arabia, signed an investment agreement to acquire a stake in Khwarizmi Holding.This strategic partnership aims to promote growth and maximize sustainable value in the Saudi market, according to a recent statement by Rawajeh Group.The investment aligns with Rawajeh Group’s expansion strategy that focuses on investing in companies with mature corporate structures, clear operational capabilities, and a long-term vision for growth.    Khwarizmi Holding adopts an investment model that focuses on building long-term value by diversifying investment tools, including venture capital (VC), private equity (PE), and global real estate funds. This aligns with Rawajeh Group’s approach towards investing in entities capable of achieving balanced and sustainable growth.Aqeel Alrajhi, CEO of Rawajeh Group, stated that the investment reflects the group’s confidence in Khwarizmi Holding’s robust business model and its ability to manage specialized investments in private markets efficiently.For his part, Ibrahim Almojel, Founding Partner at Khwarizmi Holding, affirmed that the partnership will help the company accelerate the execution of its investment strategy that focuses on building specialized platforms in private markets and developing diverse investment products that meet the expectations of institutional investors.Moreover, this collaboration reflects the shared vision of both entities to build an investment ecosystem that is based on integration and added value.

Related News

Private Equities News
Calendar Icon
Jan 22, 2026
Applied AI closes pre-Series B round to accelerate global expansion
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
EVIQ, Roads Authority join hands to advance EV charging services in Kingdom
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
NEOPAY partners with Nymbl to enable Nymbl QX
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
Rawajeh Group acquires stake in Khwarizmi Holding
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
Trango Tech expands mobile app services across GCC
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
Riyadh Air enters air freight with Riyadh Cargo
Read More
Private Equities News
Calendar Icon
Jan 22, 2026
AviLease to add SAR 11 bn to Saudi GDP by 2030
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher