Takamol Holding Promotes Skills-Based Labor Market Transition

Ahmed Al-Yamani, CEO of Takamol Holding, said at the Global Labor Market Conference in Riyadh that the Saudi labor market is shifting toward skills-based employment with less emphasis on formal academic qualifications. He warned that AI is boosting productivity but could affect job availability, and urged continuous upskilling, regulatory adaptation for flexible and freelance work, and hour-based labor protections to raise productivity.