UAE’s TIME Hotels expansion plans to include new KSA hotels

RIYADH: The Ministry of Human Resources and Social Development has issued a decision to Saudize all education jobs at national and international schools over the next three years.

The move is likely to create around 28,000 new jobs for Saudi nationals, according to the Argaam financial website, in line with the goals set out as part of Vision 2030.

Earlier this month, a report by real estate consultancy firm Knight Frank said the Kingdom’s education sector is undergoing rapid transformation across all levels, creating “a compelling case to invest in the education space of the Kingdom.”

Between 2015 and 2019, the number of schools in the Kingdom grew 16.5 percent to a total of 38,150. Eighty percent of these are public facilities, but in the fee-paying private sector, the number of schools over the same time period has increased by 42.1 percent.

Saudi Arabia’s Ministry of Investment, in conjunction with the Ministry of Education, also estimated that 1,500 kindergartens will be required across Saudi Arabia over the next decade alone, the report said.

The Saudi education sector is certainly attracting interest. In April, the UK’s top-ranked King’s College announced it is to open an international school in the Saudi capital this year in a deal agreed with the Royal Commission for Riyadh City. It will be the first British independent school brand to open in Saudi Arabia.

British Ambassador to Saudi Arabia Neil Crompton said the announcement reflected the strengthening of ties between Britain and Saudi Arabia in the education sector.

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