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Kingdom's retail sector adds 1.15 million jobs
The article discusses the development of the retail sector in Saudi Arabia, which provides approximately 1.15 million jobs and contributes 11% to the GDP. The data also shows a 22.3% growth in active commercial licenses, along with initiatives to enhance local content and domestic employment through a national academy dedicated to developing workforce skills in the sector. Additionally, significant transformations are occurring in the automotive industry, which accounts for about 10% of the sector and is experiencing a rise in the after-sales service market valued at approximately 16 billion riyals, amidst challenges related to national expertise and technological innovation.
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