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Mar 27 2010

Emaar, the Economic City and CBA start the "Job Market Foundation Program"

Mr Fahd Al Rasheed left and Dr Abdullah Dahlan during the signing ceremony.
Mr Fahd Al Rasheed left and Dr Abdullah Dahlan during the signing ceremony.

Part of KAEC's Corporate Social Responsibility (CSR) to train and develop local talents.

At a cost of over SR7 million.


King Abdullah Economic City, Saudi Arabia: Emaar, The Economic City ( Emaar.E.C ), the tadawul listed company developing King Abdullah Economic City lately started it's "Job Market Foundation Program" in partnership with the College of Business Administration (CBA).

The 10 weeks long program aims to train and develop high school graduates to better their chances in an increasingly demanding job market. The "Job Market Foundation Program" comes as part of Emaar.E.C 's CSR commitment towards training and developing Saudi youth. The current program targeted the youth of Rabigh in specific, whom successfully made up the number of 304 students accepted.

According to the initial agreement signed by Mr. Fahd Al-Rasheed, Managing Director and Chief Executive Officer of Emaar, The Economic City (EEC) , and Dr. Abdullah Dahlan, Trustees Council Chairman, (CBA), both parties evenly shared the program cost, which is around SR. 7 million. The Program consists of 4 main courses: Intensive Business English language, Principles of IT, Principles of Management and Communication Skills.

Mr. Fahd Al Rasheed said: "This partnership with CBA comes as part of Emaar.E.C 's Corporate Social Responsibility (CSR) as it aims to enhance the social and economic lives of all segments of society, and to open more doors for employment through a variety of socio economic initiatives."

Al Rasheed added: " Emaar.E.C is translating its reading of the job market requirements into its own CSR priorities."

Dr. Abdullah Dahlan said: "The partnership with Emaar.E.C reflects the importance of cooperation between all players in the private sector for the goal of the development of our youth to become productive human resources in a modern economy."

Dr. Dahlan highlighted CBA's vision that relies on filling the gap between actual market needs and outputs of college programs, to ensure graduates are equipped with the right tools and skills to succeed in the local and international markets.

-Ends-

Bouran Mahmoud
Sen. Executive - Media Monitoring
b.mahmoud@alakat.com
Alakat Alarabiya
Jeddah, KSA
T: 966 2 6455750
F: 966 2 6435777

© Press Release 2010

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