The Ministry of Municipalities and Housing and Al-Othaim Investment sign a memorandum of cooperation to localize jobs and increase the participation of national talent.

Monday 08 June 2026
dfg

The Ministry of Municipalities and Housing, represented by the Human Capability Development Agency,signeda memorandum of understanding with Al-Othaim Investment Company today, as part of the Cityscape Global 2025 exhibition. "  Hosted by Riyadhfrom November 17 to 20, with broad local and international participation in the real estate development sector. .

The memorandum aims to enhance the partnership between the Ministry of Municipalities and Housing and Al-Othaim Investment Company in the areas of empowering national competencies and qualifying Saudi youth to work in the municipal and urban sectors, in order to contribute to raising the localization rate and expanding the participation of national cadres in urban and economic development.

The memorandum includes cooperation between the two sides in implementing localization plans and monitoring their results periodically every three months, in addition to coordinating with relevant authorities to provide training and qualification programs and raise the technical and professional skills of Saudi personnel in the fields of real estate development, municipal operation and project management.

The memorandum also stipulates that Al-Othaim Investment Companyshall provide suitable job opportunities for Saudi citizens according to its operational needs, and cooperate with the Ministry in identifying the required specializations and approved job need models, in order to contribute to building an integrated national database to attract qualified national talents.

This memorandum comes as part of the Ministry of Municipalities and Housing's efforts to support the objectives of Saudi Vision 2030 and the National TransformationProgramin developing human capabilities, and to activate partnerships with the private sector to empower Saudi youth with quality opportunities that contribute to achieving sustainable development and enhancing the quality of life in Saudi cities. .

Comments and suggestions

For any inquiries or comments about government services, please fill out the required information.

Last Updated:

The Kingdom of Saudi Arabia