SMEs create 80% of jobs in Saudi Arabia, says Amkest chief

SMEs create 80% of jobs in Saudi Arabia, says Amkest chief
Amr Khashoggi, chairman of Amkest Group, speaking on stage at the forum (AN)
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Updated 18 May 2022
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SMEs create 80% of jobs in Saudi Arabia, says Amkest chief

SMEs create 80% of jobs in Saudi Arabia, says Amkest chief

DUBAI: Small and medium-sized enterprises create 80 percent of jobs in Saudi Arabia, according to Amr Khashoggi, chairman of Amkest Group. 

While speaking at the Top CEO Forum in Dubai on Wednesday, he said the young workforce in Saudi Arabia, especially the millennials, have different tastes when it comes to employment. 

According to Khashoggi, millennials want companies to care about them and they need a quality work environment. 

“If they don’t believe in the purpose, they will go away,” he added. 

He also said every country in the Gulf Cooperation Council is now trying to push for the nationalization of jobs. 

Khashoggi, however, made it clear that a shortage of talent is prevalent not only in Saudi Arabia but also throughout the region.