Speakers and experts at an international conference revealed an estimated need for more than 1 million jobs in Saudi Arabia over the next five years, as digital transformation accelerates in several industries and sectors during COVID-19 pandemic.

Engineer Nasser bin Suleiman Al-Nasser, CEO of the stc Group, head of the Digital Transformation Working Group of the Saudi Business Group B20, participated in an interactive session entitled ‘Digital Transformation: The Future After COVID-19 Pandemic’,which was held recently along with representatives from the B20 Business Group in 20 countries.

Engineer Nasser Al-Nasser explained that future jobs would depend entirely on technology and innovation, noting the gender disparity in the field of technology. It is therefore significant to empower women entrepreneurs and work together with governments to create targeted employment programs, designed to involve and qualify women in the technical sector while encouraging their promotion to leadership positions.

"We need to ensure that young women receive training and guidance when they enter the job market or start their own businesses, and the Kingdom has adopted many initiatives and investments to qualify young men and women through education." he said.

"In 2019, the Kingdom allocated SAR 1 billion to support universities in preparing students for the job market."

Saudi B20 and OECD have organized a virtual meeting on the COVID-19 pandemic, where a number of key government actors and G20 members presented recommendations and exchanged experiences on future investments, digital transformation, sustainability and 5G based digital solutions.

The Saudi Business Group is committed to providing recommendations that promote the implementation of robust policies through transparent dialogue and constructive cooperation with all relevant parties, supported by a group of international organizations that act as knowledge and communication experts. It is the official platform of the business community at the G20 Summit, and plays a representative role of the private sector before the Group.

On the other hand, Engineer Maadad Al-Ajmi, head of the Business Group B20 Working Group in the Kingdom of Saudi Arabia for Integrity and Compliance, Vice President and General Counsel for Legal Affairs in stc, participated in session dedicated for compliance and integrity. Also Nasser Al-Jareed, head of the Workers' Communication Group in B20, Director of the Workers' Committees Support Program in stc.

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