Logo ofHuman Resources Development Fund (HRDF)
The Human Resources Development Fund (HRDF) contributed to the employment of 437,000 nationals through various private sector programs and initiatives in 2024, up 17% year-on-year (YoY). 
In a statement, the HRDF revealed that the number of beneficiaries reached two million in 2024, marking 5% growth YoY.
Further, more than 179,000 private sector establishments – of which 95% were micro, small, and medium-sized enterprises (MSMEs) – across various industries and regions in the Kingdom, benefited from the fund services, up 49% YoY.
Additionally, the HRDF allocated a total of SAR 7.5 billion last year for training, empowerment, and career guidance programs.
Meanwhile, the workforce sustainability rate in the labor market — measuring those who remained employed a year after their hiring or program completion — stood at 81%.
Logo ofHuman Resources Development Fund (HRDF)
The Human Resources Development Fund (HRDF) contributed to the employment of 437,000 nationals through various private sector programs and initiatives in 2024, up 17% year-on-year (YoY).
In a statement, the HRDF revealed that the number of beneficiaries reached two million in 2024, marking 5% growth YoY.
Further, more than 179,000 private sector establishments – of which 95% were micro, small, and medium-sized enterprises (MSMEs) – across various industries and regions in the Kingdom, benefited from the fund services, up 49% YoY.
Additionally, the HRDF allocated a total of SAR 7.5 billion last year for training, empowerment, and career guidance programs.
Meanwhile, the workforce sustainability rate in the labor market — measuring those who remained employed a year after their hiring or program completion — stood at 81%.
