ENGIE and Saudi Industrial Development Fund Sign MOU to Enhance the Career Development of Saudi Nationals

Riyadh, Kingdom of Saudi Arabia, November 11, 2021: ENGIE and the Saudi Industrial Development Fund (SIDF) today signed a new Memorandum of Understanding (MOU), paving the way for more SIDF employees to enter the ENGIE Saudi Knowledge Sharing Training Program.

The MOU was signed by Jean-Sébastien Blanc, Executive Vice President of HR at ENGIE and Ahmed AlBaqawi VP / Studies from SIDF, and the ceremony was also attended by Turki Al Shehri, CEO of ENGIE in KSA.

The objective of the partnership is to develop and upskill local talent, helping to meet the long-term demands of the labor market. Following the success of the 2021 program, which saw eight SIDF employees gain experience in business development, commercial activity, and project delivery, the 2022 program will enable SIDF employees to work alongside ENGIE professionals for a period of six months at ENGIE headquarters in Paris.

Jean-Sébastien Blanc, Executive Vice President of HR at ENGIE, said: “We are proud to partner with SIDF once again and we look forward to welcoming the next cohort of SIDF employees into the program. As an international company operating in the Kingdom, we believe it is our responsibility to add value to the local talent pool through knowledge sharing and training programs like this.”

Turki Al Shehri, CEO of ENGIE in Saudi Arabia noted: “Supporting the development of the next generation of Saudi nationals is a major part of what we do in the Kingdom. ENGIE has been present in Saudi Arabia for almost 20 years; it’s vital that we expand our workforce and demonstrate our ability to deploy our staff anywhere in the Kingdom. Without highly skilled Saudi nationals, this is not possible. This is what makes partnerships with entities such as SIDF so important, as we work together to build a skilled, sustainable workforce ready to drive Saudi forward.”

ENGIE is committed to developing sustainable long-term projects in the Kingdom, not just through foreign direct investment, but through local jobs creation and knowledge transfer. The SIDF partnership marks one of many opportunities ENGIE will pursue to give back to the Kingdom and support the development of local talent.