HROT EMEA March April 2023 - 16

Regional Report
Last year, investment in the Middle East grew by almost 58% to
$354.7 million, up from $205.5 million in 2021. India's growth
was even more substantial-the country saw a total of $756.6
million in funding, up from $391.6 million in 2021. It also had
more than 55 deals in 2022 alone.
hrtech.sg's founder and CEO Sriram Iyer told Economic
Times that both the Middle East and India have a very bright
investment future ahead. " India and the Middle East saw a
significant increase in both investments and number of deals, "
he says. " Whilst this can be attributed to a lower base and
lesser maturity of the HR tech ecosystem, this clearly indicates
that India and Middle East are bound to be the growth regions
over the next three to five years for the sector. "
Another programme that the minister plans to roll out includes
the National Programme to Stimulate the Private Sector that
will not only develop current employees but will also equip
students and graduates for future jobs. Further, Al-Rajhi aims to
partner with the private sector to establish 12 sectoral councils
for skills and plans to build national occupational standards for
more than 300 professions.
Each programme will support the empowerment of Saudi
Arabia's human resources and social development systems and
the goal to train future talent for participation in the workforce.
Dubai's Government
Launching Strategic HR Plan
The government of Dubai's human resources department has
launched a three-year plan that aims to develop the HR sector
by providing government employees with necessary skills to
keep up with local and global changes. The plan is slated to go
into effect between 2023 and 2026.
Some of the proposed outcomes include upgrading the
government's work systems to be high performing, better
management of HR legislation, and establishing Dubai's
government as a regional leader.
Saudi Arabia Creating
Millions of Training
Opportunities by 2025
According to the Saudi Gazette, the country's Minister of
Human Resources and Social Development, Eng. Ahmed AlRajhi,
launched five initiatives intended to provide training and
development to local workers. In fact, the Ministry hopes to
create 2.31 million private sector training opportunities by the
end of 2025.
The news comes just after Al-Rajhi announced the National
Training Campaign (Waad), another programme aimed at
boosting training through the private sector. This campaign
has already proven to be successful, the minister confirms, and
will be doubling the number of trainings within two years. " The
promises of commitment to training reached 1,155,000 training
opportunities until the end of 2025, through the participation
of 14 Saudi companies, " Al-Rajhi told the Saudi Gazette.
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HRO TODAY EMEA | MARCH/APRIL 2023
In a national speech, the department's Director General
Abdullah Ali bin Zayed Al Falasi, who launched the plan, says
its purpose is to ensure the department is always prepared for
challenges. This is only possible by empowering workers with
skills that will enable them to innovate, create, and plan for the
future.
The plan supports HR's overall vision not just for the
government, but for the entire country. The strategy will also
focus on attracting quality national and international talents to
make the Dubai government the ideal environment for work.
Another aim is to assist the National Strategy for Talents
in reaching their targets in global talent competitiveness
indicators, including:
* consolidating the UAE's position as one of the top 10
countries in the field of global talent competitiveness;
* ensuring the availability of talent in the country's strategic
sectors, enabling the knowledge economy; and
* consolidating the image of the UAE as a preferred
destination for global talent.
HROT EMEA March April 2023

Table of Contents for the Digital Edition of HROT EMEA March April 2023
