Sadek El-Assaad

Labor Market Leaps in Saudi Arabia Saudi Arabia has achieved in the labor market, as highlighted in the World Economic Forum 2024 reports: 🌟 Skilled Employee Availability: Ranked 4th globally, a significant leap of 3 ranks since 2021. This success is driven by the Professional Accreditation Program and Parallel Training initiatives focusing on fundamental and technical skills and career guidance. 🌟 Gender Equality: Climbing to 13th place globally, Saudi Arabia has achieved equal pay in 2024. Women now hold 43.8% of management positions in Q1 2024, with 35.8% economic participation and 34.1% in the labor market. 🌟 Flexible Working Arrangements: Ranked 4th globally, improving by 7 ranks since 2021. The introduction of new work patterns, including flexible work, freelance opportunities, and telework programs, has played a pivotal role. These strides reflect our commitment to fostering a dynamic, inclusive, and flexible labor market that supports both our economic growth and societal well-being. #SaudiArabia #LaborMarket #WorldEconomicForum #GenderEquality #business #EconomicGrowth #Innovation

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Driving Change in Saudi Arabia: Recruitment Needs in Alignment with Vision 2030 🆕 At Domo Ventures MENA, we are committed to supporting the hiring needs of all entities driving Saudi Arabia's transformative journey, particularly those aligned with the Public Investment Fund (PIF) and Vision 2030. As the Kingdom diversifies its economy, the demand for talent across various sectors is set to rise significantly. Our extensive experience in the recruitment sector allows us to deliver superior talent solutions tailored to your unique needs. We have successfully helped businesses like yours find the right talent to achieve their goals. 🚀 Our Mission: We are dedicated to aiding all entities involved in Vision 2030 with their recruitment requirements. Key Focus Areas: ✅ Sector Diversification: Investments in technology, entertainment, and renewable energy will lead to a surge in demand for skilled professionals across these industries. ✅ Local Talent Development: The Saudization initiative underscores the need for a robust strategy to equip Saudi citizens with the skills required for success in emerging sectors. ✅ Global Expertise: Attracting international professionals will be crucial to infusing specialized knowledge and experience into the workforce. ✅ Healthcare and Education Growth: Expansions in these vital sectors will drive the demand for qualified healthcare providers and educators. ✅ Infrastructure Development: Major projects like NEOM and Saudidowntown will unlock vast opportunities in construction, engineering, and project management. 📢 By 2030, Saudi Arabia will require a diverse talent pool, including technology specialists, engineers, healthcare professionals, educators, sustainability experts, tourism and hospitality managers, and finance professionals, to support its ambitious goals under Vision 2030 and foster a competitive, diversified economy. We look forward to becoming your strategic recruitment partner, helping you navigate the evolving talent landscape and achieve your business objectives. ✨ Join Us: Connect with Domo Ventures MENA as we embark on this exciting journey. Together, let’s collaborate to build a strong workforce aligned with Vision 2030’s objectives for sustainable growth. #SaudiArabia #Vision2030 #PublicInvestmentFund #Recruitment #TalentDevelopment #Sustainability #Innovation #EconomicDiversification #FutureOfWork #CareerOpportunities #LocalTalent #GlobalTalent #RenewableEnergy #Infrastructure #NEOM #WorkforceDevelopment #StrategicGrowth #CulturalAdvancement

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Qsalaryapp, a Saudi Arabian HRtech business, and إتقان كابيتال Itqan Capital, a Saudi investment firm, have joined forces to establish a $80 million investment fund. For investors looking for ways to manage their dispersed expenses and hasten salary payments, the fund provides #investment alternatives. Qsalary is a digital platform and application that offers employees accelerated salary #payment services. It was founded in 2022 by Mohammed Badwi and Amr Abu Shady. Read more - https://lnkd.in/dX-ZhZ_M To share your startup story write us on - [email protected] #Qsalary #ItqanCapital #DigitalPayments #employees #PaymentApplication

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The Middle East's Fintech 50 Despite a sharp decline in funding in 2023, the Middle East’s fintechs have embraced new technologies and expansion and remained resilient in the face of challenges such as high interest rates and geopolitical uncertainties. Forbes The Middle East's Fintech 50 list features the top players that are revolutionizing the financial technology landscape - spanning digital payment companies, open banking platforms, investment, saving, and lending apps. Egypt is the most represented country with 13 companies, followed by the U.A.E. and Saudi Arabia with 11 each. Backed by ADQ, Alpha Dhabi, e&, and First Abu Dhabi Bank, U.A.E.-based Wio Bank tops the 2024 list, having launched its first digital banking application, “Wio Business,” in September 2022, followed by “Wio Personal,” which caters to retail clients. Payment companies dominate the list with 26 entries. Buy-Now, Pay-Later platforms also continue to gain traction, with prominent players Tabby, Tamara, and MNT-Halan featured among the top 10. The three companies achieved unicorn status in 2023 after bagging debt and equity funding. Wio Bank; Fawry; Tabby; MadfoatCom; PayTabs Global; ZainCash; Tamara; MNT-Halan; myFatoorah; Foodics; AMAN Holding; HyperPay; HALA; Valu; Optasia; Sarwa ثروة; Thndr; Eazy Financial Services B.S.C; Paymob; ONE Cash; Contact Financial Holding; HPS; Tap Payments; PayOne ; PaySky; Telr; Beehive Fintech; MDP; Rain; Money Fellows; UPayments; Tarabut; Lean Technologies; NEO PAY; Automated Services Network Co.; Lendo | ليندو; Lamaa; Lucky ONE; Thawani Pay; Ottu

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🤔 Money V Culture? Are you choosing a good culture or are you in it for the cold hard cash. Our Employee Insights 2024 Document is now live! We've gathered data from over 15,000 Digital and Tech professionals across the Middle East, spanning even more diverse backgrounds than before. The document includes: ✅ What motivates people the most in their role ✅ Factors that influence employees to stay at a company ✅ Which factors make someone decline a job offer And much more. Download your copy today and let us know what you think! ⬇️ #disruptingthefuture #employeeinsights #employeehappiness

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🎯 Transform Your Business with Expert HR & Business Solutions 🌟 With a PhD in HR & Business Management, 30+ years of UAE experience, and a track record of driving success in large international corporations (IBM, CMA CGM, Hill International, New Port News, Williams International, Hill & Knowlton, Dorsch Holding), I specialize in solving complex business challenges with strategic, results-driven solutions. Here’s how I can help: ✅ HR Transformation: Streamlining processes to improve efficiency and compliance. ✅ Leadership Development: Coaching leaders to drive better outcomes. ✅ Talent Retention: Designing strategies to reduce turnover and boost engagement. ✅ Business Growth: Creating performance-driven plans for sustained success. Why Choose Me? I understand the unique dynamics of operating in the UAE market and tailor my solutions to meet the specific needs of your business, whether you're an SME or a global enterprise. Your Success Is My Priority. 🚀 Ready to make an impact? Let’s start with a free 30-minute consultation to explore how I can add value to your organization. 📩 Message me directly or comment below to get started. 🌐 Let’s connect and discuss how we can achieve your business goals together. #UAEHR #DubaiHR #HRConsulting #BusinessSolutions #LeadershipDevelopment #EmployeeEngagement #UAEHR #DubaiBusiness #TransformYourBusiness

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🎯 Transform Your Business with Expert HR & Business Solutions 🌟 With a PhD in HR & Business Management, 30+ years of UAE experience, and a track record of driving success in large international corporations (IBM, CMA CGM, Hill International, New Port News, Williams International, Hill & Knowlton, Dorsch Holding), I specialize in solving complex business challenges with strategic, results-driven solutions. Here’s how I can help: ✅ HR Transformation: Streamlining processes to improve efficiency and compliance. ✅ Leadership Development: Coaching leaders to drive better outcomes. ✅ Talent Retention: Designing strategies to reduce turnover and boost engagement. ✅ Business Growth: Creating performance-driven plans for sustained success. Why Choose Me? I understand the unique dynamics of operating in the UAE market and tailor my solutions to meet the specific needs of your business, whether you're an SME or a global enterprise. Your Success Is My Priority. 🚀 Ready to make an impact? Let’s start with a free 30-minute consultation to explore how I can add value to your organization. 📩 Message me directly or comment below to get started. 🌐 Let’s connect and discuss how we can achieve your business goals together. #HRConsulting #BusinessSolutions #LeadershipDevelopment #EmployeeEngagement #UAEHR #DubaiBusiness #TransformYourBusiness #DubaiHR #HR

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MGX, a United Arab Emirates (UAE) state-backed technology investment company, is reportedly considering participating in a multibillion funding round for OpenAI. This move highlights the growing global interest in generative AI's potential. Check out this article for more insights. #OpenAI #AIInvestment #Technology #Innovation #GlobalTech #ArtificialIntelligence #FocusGTS

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MENA reimagined: UAE & KSA Looking to dive into the digital world? The United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA) are where it's at. These places are not only embracing digital transformation but leading the charge, offering abundant opportunities for those ready to ride the wave of innovation. UAE: A Hub of Innovation The UAE is on fire with innovation. From Dubai Smart City to Abu Dhabi's Vision 2030, these aren't just plans; they're sparking real change. With tech hubs like Dubai Internet City and Masdar City, the UAE is a playground for cutting-edge technologies. And with global giants like Google and Amazon as well as some locally born startups like Careem and Kitopi on board, the tech scene is booming. KSA: Driving Digital Growth Saudi Arabia is not one to be left behind. With Vision 2030, it's on a mission to diversify its economy and embrace the digital age. Projects like NEOM and a commitment to becoming a regional AI hub are putting KSA on the map. There's a sense of excitement and opportunity here that's hard to ignore. Fueling Growth Through Innovation Both the UAE and KSA are betting big on digital transformation to fuel economic growth. Whether it's fintech revolutionizing finance or smart cities reshaping urban living, innovation is the name of the game. And there's room for everyone – from seasoned professionals to aspiring entrepreneurs. Startup Fever Speaking of entrepreneurs, the startup scene in the UAE and KSA is hotter than ever. With support systems in place and access to talent and funding, it's the perfect time to turn your ideas into reality. Life Beyond Tech But it's not all about tech. The UAE and KSA offer a high standard of living with top-notch infrastructure and a rich cultural tapestry. Whether you're exploring architectural wonders or soaking up the local culture, there's something for everyone here. We will explore this further in a separate post, so stay tuned. So no matter where you are in the world, if you are in the digital and tech space, eventually you will not be able to escape the MENA region. If you're ready to dive into the digital frontier, the UAE and KSA are waiting with open arms. Embrace the opportunity, seize the moment, and join us on this exciting journey into the future. Follow AIQU and TASC Outsourcing for more information on opportunities or conversations about the digital and tech space in the region. DM me for a confidential chat and lets get the ball rolling on your new challenge in the most tech driven region. #tech #digital #MENA #recruitment #innovation #opportunity #newjob #hiring #growth #fintech #edtech #medtech #startup

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Botim has officially become an Emirati application as G42 Group, a leading UAE-based technology company, acquires full shares from the CEO of the company that owns the app. Known for its cutting-edge innovations in fields such as artificial intelligence and cloud computing, G42 continues to solidify its position as a global leader in advanced technology. This acquisition marks a strategic move towards expanding the UAE’s digital communications ecosystem and transforming Botim into more than just a voice and video calling app. The app is expected to undergo significant updates, evolving into a multi-functional platform that aligns with the UAE’s vision of becoming a global hub for digital technology. Future enhancements may include integrated services like digital payments, smart government solutions, and e-commerce features. This acquisition not only reinforces the UAE’s leadership in driving digital transformation but also establishes a strong Emirati presence in the global tech sector, paving the way for new opportunities for growth and innovation both locally and internationally.

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In Arthur D. Little’s latest report, Dr. Mohammad Nikkar & Arjun Vir Singh outline the potential and challenges for KSA to become a leading fintech hub https://lnkd.in/ePSZW3zi #financialservices #fintechhub #SaudiArabia

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Understanding wealth inequality is crucial for comprehending global economic trends and their implications on society. Recently, InvestAnswers published compelling data showing countries with the most significant shifts in wealth inequality over recent years. Saudi Arabia and Qatar make the list but are trending in opposite directions. Reflecting on these trends raises several questions for HR professionals in terms of pay inequity within their respective organizations as most deal with pay compression issues. As business leaders, policymakers, and HR professionals, it's essential to understand these dynamics and take steps towards mitigating and bringing a more equitable future. Are you seeing similar trends in your country, region, or organization? How are you addressing pay inequity within your sphere of influence?

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Today marks a milestone: Collars turns 3! 🥳 For 3 amazing years, we've been bridging global firms with MENA talent, helping companies like yours innovate, scale, and thrive. Our journey in numbers: 📊 100+ companies supported 👥 10,000+ MENA talents placed 💹 40% average cost savings for our clients To celebrate, we have something SPECIAL : 🎁 3rd Anniversary Offer: Is 10% OFF On Our Fees. Ready to write your MENA success story? Let's celebrate growth together! #Collars3rdAnniversary #CollarsExperts #MENATechHub #InnovationMilestone #Expansion #CollarsExperts

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The Double Plus: Integrating Technology and Talent 🤔 Talent Meets Tech: Bridging the Skills Gap with Modern Solutions In today's fast-paced business landscape, the synergy between #technology and talent is not just an advantage—it's a necessity. 🌟 As a #Businessoperations professional, I believe in empowering teams through #innovative training programs that seamlessly blend human expertise with cutting-edge technology. This approach ensures that every team member is equipped with the latest tools and has the skills to leverage them effectively. ➡ Adaptive Learning Platforms: Personalized training paths that evolve with your career. ➡ Virtual Reality Training: Immersive experiences that replicate real-world scenarios. ➡ AI-Powered Skill Assessments: Real-time feedback and continuous improvement. Let's shape the future together, where talent meets technology! 🚀💡

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In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE launching a national #KYC platform under the Central Bank of The UAE, #SaudiArabia’s aramco digital considering a $1B investment in Mavenir, Catalyst Partners listing #Egypt's 1st #SPAC on the Egyptian Exchange - EGX, Zong launching #Pakistan's 1st locally-developed #LLM, #Qatar’s Qatar Development Bank investing in Wahed, #Riyadh Metro starting operations in Saudi Arabia, OPPO ▲ local suppliers to meet #Indonesia content requirements, the #Philippines licensing 4 #digitalbanks in 2025, and Amazon launching #qcommerce in #India. 🇦🇪 #UAE ALTÉRRA #climatefund commits $6.5B of $30B target 🇸🇦 #KSA Snap Inc. opens office, #JAX creator hub 🇪🇬 #EGYPT Telecoms to ▲ tariffs following National Telecommunications Regulatory Authority (NTRA) of Egypt approval 🇵🇰 #PAKISTAN WhatsApp, Instagram, other #socilamedia experiencing issues 🌍 #GCC #AbuDhabi, #Brazil pilot digital customs platform 🇲🇦 #MOROCCO #Chinese President to push #EV, rail investments 🇹🇷 #TURKEY Microsoft to expand presence, ▲ #AI, cloud, R&D cooperation 🇹🇷 #TURKEY attracted $4.7B in #VC since 2020, $700M YTD 🇸🇬 #SINGAPORE #QRpayments threaten NETS's four-decade head start 🇹🇭 #THAILAND Chinese #EV companies pivot to middle-income markets 🇮🇳 #INDIA to offer MNCs $5B in manufacturing incentives in China challenge

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In Tahseen Consulting's #MENA+ #techpolicy insight, you'll read about the #UAE’s Abu Dhabi Investment Authority (ADIA)’s internally managed assets reaching 64%, #SaudiArabia launching the world’s biggest green hydrogen plant in 2026, Telecom Egypt and Vodafone agreeing a $600M #5G deal in #Egypt, #Pakistan’s #EV policy delays causing investor uncertainty, #Qatar inking 8 deals with #Turkey, #Lebanon losing $5B+ due to conflict, #Vietnam’s FPT Software getting NVIDIA #chips for #AI cloud services, Viettel Group launching the world’s first #OpenRAN #5G network, and Reliance Industries Limited and The Walt Disney Company completing their $8.5B JV deal in #India 🇦🇪 #UAE #VC funding may ▲ 3x to $2B+ this year 🇸🇦 #KSA Saudi Central Bank – SAMA issues #ewallet rules 🇪🇬 #EGYPT #MCIT, SAP partner on university digital transformation 🇵🇰 #PAKISTAN to work with #China on 2028 lunar mission 🇰🇼 #KUWAIT #Ecommerce to grow 12%+ / year to 2028 🌍 #GCC Fitch Group, Inc. gets approval for #Riyadh #RHQ 🇸🇬 #SINGAPORE businesses still bullish on the US despite tariff risks 🇹🇭 #THAILAND prepares to tap #nuclearenergy 🇮🇳 #INDIA #Telecoms raise concerns about the draft #cybersecurity rules

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