Saudi Arabia’s Human Resources Development Fund (Hadaf) and the Real Estate General Authority have inked an agreement to train and employ more than 11,000 researchers and job seekers who want to work in the real estate sector.
The initiative is in line with a programme to localise professions within the sector, which aims to rehabilitate and employ the national workforce in the private sector while raising the skills of job seekers.
The agreement was signed by the governor of the Real Estate General Authority, HE Essam bin Hamad Al Mubarak, and the general manager of the Hadaf fund, Turki bin Abdullah Al-Jaweeni , in the presence of the kingdom’s Minister of Housing, HE Majid bin Abdullah Al-Hogail.
The deal stipulates that the real estate authority, through the Saudi Real Estate Institute, should prepare training packages and carry out training for the following programmes including real estate brokerage and marketing specialists, among others.
To join the programmes, applicants must be a Saudi national with a valid national identity; at least 18 years old and no older than 60 years; the applicant must not be a student, employee in the public or private sector, or have a commercial record, and must not have previously benefitted from the training programmes specified in the agreement.
The authority will also be aim to provide appropriate job opportunities to beneficiaries, employ trained applicants, and monitor the performance and stability of the trained applicants on the job.
According to the state-run Saudi Press Agency, the agreement states that the Hadaf fund will monitor the quality of the training programme through field visits, which will follow up on the implementation of the training process. The fund will provide notes, if any, on the output resulting from the implementation of the agreement.
The agreement also confirms the ongoing exchange of information between the real estate authority and the fund in order to overcoming the challenges facing the sector.
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