Kuwait’s banking sector tops national employment at 79%
The officials of the Public Authority for Manpower praised the banking sector’s efforts, noting that its national worker recruitment has exceeded prescribed quotas.
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The banking sector contributes to qualifying and training young national cadres to keep pace with global developments in the banking industry, aligning with one of the sustainable development goals within Kuwait Vision 2035.
The Public Authority for Manpower convened a meeting with representatives from private economic sectors to discuss increasing the proportions of national employment across various industries and addressing imbalances in the distribution of national labor in specific sectors.
The authority officials praised the banking sector’s efforts in recruiting national workers, noting that the percentage of national workers in the banking sector has exceeded the prescribed quotas. The banking sector is the highest in employing national workers among all private economic sectors, with a rate of more than 79%.
Working in the banking sector contributes to achieving the ambitions of young national cadres by supporting their creativity and innovation, especially given the developments in the banking industry driven by digital transformation and artificial intelligence.
The banking sector also contributes to qualifying and training young national cadres to keep pace with global developments in the banking industry, aligning with one of the sustainable development goals within Kuwait Vision 2035. The sector also contributes indirectly to increasing the employment of national workers through its role in financing various projects and activities, which provide job opportunities for citizens and build national cadres and competencies capable of supporting the country’s development process.
