Saudi Human Resources Development Fund information
Saudi Arabia government agency
Human Resources Development Fund
صندوق تنمية الموارد البشرية
Agency overview
Formed
31 July 2000; 23 years ago (2000-07-31)
Headquarters
Riyadh, Saudi Arabia
Agency executive
Ahmed Al-Rajhi, Chairman
Website
www.hrdf.org.sa
The Human Resources Development Fund (HRDF)[1] is a Saudi governmental authority that was established by a royal decree in July 2000.[2] It falls under the Saudi Ministry of Labor and Social Development.[3]
HRDF is mainly concerned with providing financial support to organizations that train and qualify Saudis in the private sector.[4] Thus, in order to motivate the private sector in Saudi Arabia to hire Saudi citizens, HRDF pays 30% of the salaries paid to Saudis working in the private sector in the first year of employment.[5] Moreover, Hadaf supports Saudi entrepreneurs.[6]
^"Saudi Human Resources Development Fund launches e-summer camp to train young jobseekers". Arab News. 8 July 2019. Retrieved 24 July 2019.
^"Human Resources Development Fund". Eyeofriyadh.com. Retrieved 16 March 2019.
^"5 support programs launched for Saudis". Saudigazette. 11 October 2017. Retrieved 17 June 2019.
^"Human Resources Development Fund (HRDF) – Company Details on ZAWYA KSA Edition". Zawya. Retrieved 16 March 2019.
^"HRDF Provides 30% of Salaries of Saudis Working in Private Sector". Asharq AL-awsat. Retrieved 18 June 2019.
^"Human Resources Development Fund". Arab News. Retrieved 16 March 2019.
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