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FinancialNews


  • 28-07-21

    Saudi Central Bank inks deal with other government entities

    (MENAFN)The Saudi Central Bank (SAMA) inked a deal with other government entities to raise the number of locals in the financial sector, a move that may offer at least 200,000 jobs for nationals.

    According to SPA, SAMA inked a memorandum of understanding (MoU) with the Ministry of Human Resources and Social Development (HRSD), in collaboration with the Human Resources Development Fund (Hadaf).

    Arab News quoted independent economist Fadhel Al Buainain as saying that “This MoU aims to increase localization, provide human competencies capable of meeting the requirements of the financial sector, and create more than 203,000 jobs in the sector.”

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