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Human Resources Development Fund

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uuid0006zik

Namestring
Human Resources Development Fund
Legal namestring
Human Resources Development Fund (HRDF) - صندوق تنمية الموارد البشرية
Websiteurl
hrdf.org.sa
Company typeenum
Private
Founded yearint
2000
Descriptiontext

Human Resources Development Fund (HRDF), also known as Hadaf (هدف), is a Saudi government development fund established by Cabinet Decision No. 107 in 2000 and organizationally linked to the National Development Fund since 2017. The fund's mandate is to qualify and employ Saudi nationals in the private and non-profit sectors under the Vision 2030 framework, addressing structural unemployment, skills gaps, and the Kingdom's reliance on expatriate labor. It operates as a state-sponsored intermediary, channeling government appropriations into wage subsidies, training programs, and employment-support services for individuals and private-sector establishments.

HRDF delivers a comprehensive portfolio of programs organized across three pillars—Guidance (Irshad), Training (Doroob, Tamheer, Maharat, Professional Certificates), and Enablement (Employment Support covering up to 50% of wages, Wusool transport subsidy, Qurrah childcare, Bahr freelance support, Tawteen Saudization). The technical foundation is a multi-platform digital ecosystem: the Taqat mobile application (Android/iOS), the Jadarat national employment platform, the Bahr freelance platform, the Doroob e-training platform, the Forsa tender platform, the Tojjar merchant platform, and the Zaad reporting platform, all integrated with the Saudi national government portal and registered with the Digital Government Authority. The platform is WCAG 2.0 compliant and operates under Saudi Personal Data Protection Law aligned with GDPR principles.

HRDF's business model is non-commercial. Revenue is derived from government appropriations rather than market sales, and services are provided free to eligible beneficiaries. The fund reaches its constituents through direct employer partnerships, an approved training-provider network, and self-service digital channels. In 2025, HRDF reported SR8.29 billion ($2.21 billion) in program spending and supported employment of over 562,000 Saudi citizens. Commercial-scale revenue is not applicable; instead, the financial metric of interest is appropriated budget throughput, which the fund deploys through programs such as the SAR 405.14 million FY 2026/27 agreement with Academy of Learning Co.

Short descriptiontext

Human Resources Development Fund (Hadaf) is a Saudi government fund providing wage subsidies, training programs, and employment support to Saudi nationals and private-sector employers under Vision 2030, disbursing SR8.29 billion ($2.21 billion) in 2025.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersRiyadh, Saudi Arabia
HQ citystring
Riyadh
HQ countrystring
Saudi Arabia
HQ regionstring
Middle East
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
government employment fund, workforce development programs, employment subsidy services, vocational training platforms, Saudization support
Industry1 code
1Disability Services & Assistive Solutions (Accessibility, Assistive Tech)
CodeBPAGALAMPrimaryNo
NAICS code3 codes
  • Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs)923130
  • Vocational Rehabilitation Services6243
  • Educational Support Services611710
SIC code2 codes
  • Services-Social Services8300
  • Services-Educational Services8200
Product category
Workforce Development Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Government Funding and Subsidy Disbursement
TypeManaged Services
Description

HRDF receives government appropriations and disburses funds as subsidies for employment support, training programs, and workforce development initiatives. Revenue model is not commercial - the fund operates as a government development fund.

hrdf.org.sa
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details3 tiers
1Employment Support - Subsidized Wages
ModelOtherBilling cadenceMonthly
Notes

Up to 50% of monthly wages for newly added employees in establishments

hrdf.org.sa
2Graduate Development (Tamheer) Program
ModelOtherBilling cadenceMonthly
Notes

Training allowance for fresh graduates

hrdf.org.sa
3Transport Support (Wusool)
ModelOtherBilling cadenceMonthly
Notes

Commuting cost reduction support for beneficiaries

hrdf.org.sa
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 of 8 records shown
1Tawafuq (توافق)
Description

Program aimed at employing people with special needs and supporting disabled workforce in private and non-profit sectors.

hrdf.org.sa
+7 more records
Core offering1 text field

The Human Resources Development Fund (HRDF/Hadaf) is a Saudi government fund that provides subsidized employment, training, and workforce-empowerment programs to Saudi nationals and private-sector establishments. Its offerings include wage subsidies (up to 50% for newly hired Saudis), graduate development (Tamheer), electronic training (Doroob), transport support (Wusool), childcare support (Qurrah), freelance support (Bahr), career guidance (Irshad), and a national employment platform (Jadarat), all delivered via the Hadaf web portal, the Taqat mobile app, and an approved training-provider network.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Over 562,000 Saudi citizens employed in 2025
+2 more records
Product overview1 text field

The Human Resources Development Fund (HRDF/هدف) operates as a government fund providing a comprehensive ecosystem of employment, training, and empowerment programs for Saudi nationals. The organization offers a unified platform of services organized under three pillars: Guidance (إرشاد), Training (تدريب), and Enablement (تمكين). The portfolio includes core programs such as Employment Support (covering up to 50% of wages for new employees), Graduate Development (Tamheer), E-Training (Doroob), Transport Support (Wusool), Professional Certificates, Freelance Support (Bahr platform), Career Guidance (Irshad), and Cooperative Training. Digital infrastructure is provided through platforms like Jadarat (national employment), Forsa (tenders), and Tojjar (merchant support), complemented by the Hadaf mobile application (Taqat) for Android and iOS. Programs serve both individuals (job seekers, graduates, employees, freelancers) and establishments (private sector companies seeking to hire and train national workforce).

Product and service20 records
1Hadaf Mobile Application (Taqat) - تطبيق هدف (طاقات)
CategoryMobile Application
Description

Smartphone application providing access to HRDF services and programs through mobile devices, enabling users to complete procedures electronically, track requests, and receive notifications.

2Employment Support Program (دعم التوظيف)
CategoryCore Program
Description

Program that supports establishments by covering up to 50% of monthly wages for newly added Saudi employees.

3Graduate Development - Tamheer (تطوير الخريجين - تمهير)
CategoryCore Program
Description

Program supporting fresh graduates with on-the-job training and qualification to increase their competitiveness in the Saudi job market.

4E-Training - Doroob (التدريب الإلكتروني - دروب)
CategoryCore Program
Description

Electronic training program offering professional skills development courses, webinars, and certificate verification for individuals.

5Transport Support - Wusool (دعم النقل - وصول)
CategoryCore Program
Description

Program that reduces commuting costs for Saudi beneficiaries traveling to work, supporting transportation expenses.

6Professional Certificates Program (الشهادات المهنية الاحترافية)
CategoryCore Program
Description

Program supporting individuals in obtaining professional certifications and licenses through direct financial support requests.

7Job Search Subsidy (إعانة البحث عن عمل)
CategoryCore Program
Description

Financial support program for Saudi job seekers during their active search for employment.

8Freelance Support (دعم العمل الحر)
CategoryCore Program
Description

Program expanding opportunities for freelancers through the Bahr platform, available in general, orders delivery, and directed transport tracks.

9Jadarat National Employment Platform (جدارات)
CategoryDigital Platform
Description

National unified employment platform enabling Saudi job seekers to apply for jobs and establishments to post vacancies.

10Career Guidance - Irshad (إرشاد مهني)
CategoryCore Program
Description

Comprehensive career guidance initiative helping individuals make informed decisions about educational and professional paths aligned with personal ambitions and market needs.

11Cooperative Training (التدريب التعاوني)
CategoryCore Program
Description

Training opportunities in several areas through the cooperative training product for students and graduates.

12Professional Experience (التجربة المهنية)
CategoryCore Program
Description

Program providing students with year-round hands-on field professional experience including summer breaks to build essential professional skills.

13Maharat Training Support Product (مهارات)
CategoryCore Program
Description

Training support product for developing general and professional skills, helping beneficiaries enhance their professional capabilities.

14Childcare Support - Qurrah (دعم رعاية الطفل)
CategoryCore Program
Description

Support program helping working Saudi parents with childcare costs to enable workforce participation.

15Tawteen Saudization Program (توطيين)
CategoryCore Program
Description

Program supporting Saudization objectives and nationalization of jobs in the Saudi private sector.

16Forsa Tender Management Platform (فرصة)
CategoryDigital Platform
Description

Tender management platform enabling establishments to manage tenders, add branches, and handle bidding processes.

17Zaad Reporting Platform
CategoryDigital Platform
Description

Platform for viewing reports related to HRDF support programs.

18Tojjar Merchant Support Platform (تجار)
CategoryDigital Platform
Description

Platform supporting merchants with applications, booth support, and hosting services.

19Tawafuq Disability Employment Program (توافق)
CategoryCore Program
Description

Program aimed at employing people with special needs and supporting the disabled workforce in the private and non-profit sectors in Saudi Arabia.

20Exhibition and Conference Diploma (دبلوم المعارض والمؤتمرات)
CategoryTraining Program
Description

Specialized diploma program for developing skills in exhibitions and conferences management.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeImplementation/ SI/ Consulting PartnerAnnounced on2026-07-01
Description

Academy of Learning signed SAR 405.14 million contract with HRDF to implement employment-linked training and qualification programs for FY 2026/27.

2Alat
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-12-11
Description

Alat provides technical resources for the Lenovo talent development program in Saudi Arabia. Partnership supports Vision 2030 goals for industrial diversification.

news.lenovo.com
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-12-11
Description

Government ministry partner in Lenovo talent program supporting smart manufacturing skills development for Saudi graduates.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-27
Description

Lenovo launched a talent development program in Saudi Arabia in partnership with HRDF, the Ministry of Industry and Mineral Resources, and Alat. The program seconded 100 Saudi graduates for 4-month training in smart manufacturing at Lenovo's Riyadh facility and global sites.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Red Sea Global graduated over 1,000 young Saudis from training programs aligned with Saudization targets and HRDF quality benchmarks.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Government-mandated national upskilling and wage-subsidy fund for Singaporean workers and employers. Closely comparable to HRDF in mandate (training credits, employer subsidies, mid-career pathways) and policy alignment with national economic strategy.

TypeDirect peer
Description

UAE federal program under the Ministry of Human Resources and Emiratisation providing wage subsidies, training, and job-matching support for Emirati nationals. Near-direct functional equivalent to HRDF with similar Saudization-style mandate.

3Kuwait National Employment Platform (ASAL)
TypeRegional player
Description

Kuwaiti government employment and training platform supporting Kuwaiti nationals with subsidies and job matching. Regional peer operating in the same GCC labor nationalization space as HRDF.

4Singapore Workforce Development Agency (WDA / SkillsFuture)
TypeBroad incumbent
Description

Statutory board under Singapore's Ministry of Manpower overseeing workforce transformation, sectoral training, and employer grants. Broader mandate than HRDF but highly comparable as a state-led workforce intermediation body.

TypeBroad incumbent
Description

German federal agency administering unemployment benefits, wage subsidies, training programs, and labor market services. Comparable in scale and breadth of state-led employment and training programs.

TypeEmerging player
Description

Global nonprofit that trains and places unemployed/underemployed youth into jobs via employer-aligned programs. Comparable outcomes-focused employment training model that targets similar beneficiary segments as HRDF.

TypeDirect peer
Description

Saudi nonprofit delivering youth workforce readiness, entrepreneurship, and job-matching programs. Operates inside Saudi Arabia targeting similar beneficiary segments as HRDF, often as a delivery partner.

TypeBroad incumbent
Description

Global workforce solutions and staffing company that addresses employer hiring, training, and talent development. Comparable at the workforce intermediation layer but operates commercially rather than as a government fund.

TypeOthers
Description

Online learning platform that partners with governments and workforce agencies to deliver subsidized skilling at scale. Increasingly relevant to HRDF as a potential delivery layer for its Doroob/Maharat e-training programs.

TypeDirect peer
Description

Parent entity of HRDF and umbrella Saudi government development fund. Operates multiple sectoral funds under Vision 2030 with similar governance and funding model; closely comparable as a peer fund rather than a competitor.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Human Resources Development Fund

Workforce Development Serviceshrdf.org.sa

Human Resources Development Fund (Hadaf) is a Saudi government fund providing wage subsidies, training programs, and employment support to Saudi nationals and private-sector employers under Vision 2030, disbursing SR8.29 billion ($2.21 billion) in 2025.

What Human Resources Development Fund does

Human Resources Development Fund (HRDF), also known as Hadaf (هدف), is a Saudi government development fund established by Cabinet Decision No. 107 in 2000 and organizationally linked to the National Development Fund since 2017. The fund's mandate is to qualify and employ Saudi nationals in the private and non-profit sectors under the Vision 2030 framework, addressing structural unemployment, skills gaps, and the Kingdom's reliance on expatriate labor. It operates as a state-sponsored intermediary, channeling government appropriations into wage subsidies, training programs, and employment-support services for individuals and private-sector establishments.

HRDF delivers a comprehensive portfolio of programs organized across three pillars—Guidance (Irshad), Training (Doroob, Tamheer, Maharat, Professional Certificates), and Enablement (Employment Support covering up to 50% of wages, Wusool transport subsidy, Qurrah childcare, Bahr freelance support, Tawteen Saudization). The technical foundation is a multi-platform digital ecosystem: the Taqat mobile application (Android/iOS), the Jadarat national employment platform, the Bahr freelance platform, the Doroob e-training platform, the Forsa tender platform, the Tojjar merchant platform, and the Zaad reporting platform, all integrated with the Saudi national government portal and registered with the Digital Government Authority. The platform is WCAG 2.0 compliant and operates under Saudi Personal Data Protection Law aligned with GDPR principles.

HRDF's business model is non-commercial. Revenue is derived from government appropriations rather than market sales, and services are provided free to eligible beneficiaries. The fund reaches its constituents through direct employer partnerships, an approved training-provider network, and self-service digital channels. In 2025, HRDF reported SR8.29 billion ($2.21 billion) in program spending and supported employment of over 562,000 Saudi citizens. Commercial-scale revenue is not applicable; instead, the financial metric of interest is appropriated budget throughput, which the fund deploys through programs such as the SAR 405.14 million FY 2026/27 agreement with Academy of Learning Co.

Human Resources Development Fund firmographics

Firmographics
Name
Human Resources Development Fund
Legal name
Human Resources Development Fund (HRDF) - صندوق تنمية الموارد البشرية
Website
https://hrdf.org.sa
Company type
Private
Founded year
2000
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Human Resources Development Fund (Hadaf) is a Saudi government fund providing wage subsidies, training programs, and employment support to Saudi nationals and private-sector employers under Vision 2030, disbursing SR8.29 billion ($2.21 billion) in 2025.
Ownership category
akta.pro rank

Where Human Resources Development Fund is headquartered

Location

Headquarters

HQ city
Riyadh
HQ country
Saudi Arabia
HQ region
Middle East

Offices1 record

Markets served

Human Resources Development Fund business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Government Funding and Subsidy Disbursement: HRDF receives government appropriations and disburses funds as subsidies for employment support, training programs, and workforce development initiatives. Revenue model is not commercial - the fund operates as a government development fund.

Pricing tiers

ModelBillingPrice
OtherMonthlyEmployment Support - Subsidized Wages
OtherMonthlyGraduate Development (Tamheer) Program
OtherMonthlyTransport Support (Wusool)

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Human Resources Development Fund product offering

Product offering

Core offering

The Human Resources Development Fund (HRDF/Hadaf) is a Saudi government fund that provides subsidized employment, training, and workforce-empowerment programs to Saudi nationals and private-sector establishments. Its offerings include wage subsidies (up to 50% for newly hired Saudis), graduate development (Tamheer), electronic training (Doroob), transport support (Wusool), childcare support (Qurrah), freelance support (Bahr), career guidance (Irshad), and a national employment platform (Jadarat), all delivered via the Hadaf web portal, the Taqat mobile app, and an approved training-provider network.

Product overview

The Human Resources Development Fund (HRDF/هدف) operates as a government fund providing a comprehensive ecosystem of employment, training, and empowerment programs for Saudi nationals. The organization offers a unified platform of services organized under three pillars: Guidance (إرشاد), Training (تدريب), and Enablement (تمكين). The portfolio includes core programs such as Employment Support (covering up to 50% of wages for new employees), Graduate Development (Tamheer), E-Training (Doroob), Transport Support (Wusool), Professional Certificates, Freelance Support (Bahr platform), Career Guidance (Irshad), and Cooperative Training. Digital infrastructure is provided through platforms like Jadarat (national employment), Forsa (tenders), and Tojjar (merchant support), complemented by the Hadaf mobile application (Taqat) for Android and iOS. Programs serve both individuals (job seekers, graduates, employees, freelancers) and establishments (private sector companies seeking to hire and train national workforce).

Differentiator

Problem solved

Functional benefit

Brands

  • Tawafuq (توافق): Program aimed at employing people with special needs and supporting disabled workforce in private and non-profit sectors.
  • Doroob (دروب)
  • Tamheer (تمهير)
  • Wusool (وصول)
  • Maharat (مهارات)
  • Jadarat (جدارات)
  • Bahr (بحر)
  • Qurrah (قرّة)

Products and services

  • Hadaf Mobile Application (Taqat) - تطبيق هدف (طاقات) Smartphone application providing access to HRDF services and programs through mobile devices, enabling users to complete procedures electronically, track requests, and receive notifications.
  • Employment Support Program (دعم التوظيف) Program that supports establishments by covering up to 50% of monthly wages for newly added Saudi employees.
  • Graduate Development - Tamheer (تطوير الخريجين - تمهير) Program supporting fresh graduates with on-the-job training and qualification to increase their competitiveness in the Saudi job market.
  • E-Training - Doroob (التدريب الإلكتروني - دروب) Electronic training program offering professional skills development courses, webinars, and certificate verification for individuals.
  • Transport Support - Wusool (دعم النقل - وصول) Program that reduces commuting costs for Saudi beneficiaries traveling to work, supporting transportation expenses.
  • Professional Certificates Program (الشهادات المهنية الاحترافية) Program supporting individuals in obtaining professional certifications and licenses through direct financial support requests.
  • Job Search Subsidy (إعانة البحث عن عمل) Financial support program for Saudi job seekers during their active search for employment.
  • Freelance Support (دعم العمل الحر) Program expanding opportunities for freelancers through the Bahr platform, available in general, orders delivery, and directed transport tracks.
  • Jadarat National Employment Platform (جدارات) National unified employment platform enabling Saudi job seekers to apply for jobs and establishments to post vacancies.
  • Career Guidance - Irshad (إرشاد مهني) Comprehensive career guidance initiative helping individuals make informed decisions about educational and professional paths aligned with personal ambitions and market needs.
  • Cooperative Training (التدريب التعاوني) Training opportunities in several areas through the cooperative training product for students and graduates.
  • Professional Experience (التجربة المهنية) Program providing students with year-round hands-on field professional experience including summer breaks to build essential professional skills.
  • Maharat Training Support Product (مهارات) Training support product for developing general and professional skills, helping beneficiaries enhance their professional capabilities.
  • Childcare Support - Qurrah (دعم رعاية الطفل) Support program helping working Saudi parents with childcare costs to enable workforce participation.
  • Tawteen Saudization Program (توطيين) Program supporting Saudization objectives and nationalization of jobs in the Saudi private sector.
  • Forsa Tender Management Platform (فرصة) Tender management platform enabling establishments to manage tenders, add branches, and handle bidding processes.
  • Zaad Reporting Platform Platform for viewing reports related to HRDF support programs.
  • Tojjar Merchant Support Platform (تجار) Platform supporting merchants with applications, booth support, and hosting services.
  • Tawafuq Disability Employment Program (توافق) Program aimed at employing people with special needs and supporting the disabled workforce in the private and non-profit sectors in Saudi Arabia.
  • Exhibition and Conference Diploma (دبلوم المعارض والمؤتمرات) Specialized diploma program for developing skills in exhibitions and conferences management.

Quantifiable outcome

  • Over 562,000 Saudi citizens employed in 2025
  • +2 more outcomes

Companies that use Human Resources Development Fund

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Human Resources Development Fund technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Human Resources Development Fund partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • Academy of Learning Co. (AOL)coreImplementation/ SI/ Consulting Partner · 1 July 2026Academy of Learning signed SAR 405.14 million contract with HRDF to implement employment-linked training and qualification programs for FY 2026/27.
  • AlatcoreStrategic or Co-development Partner · 11 December 2025Alat provides technical resources for the Lenovo talent development program in Saudi Arabia. Partnership supports Vision 2030 goals for industrial diversification.
  • Ministry of Industry and Mineral ResourcescoreStrategic or Co-development Partner · 11 December 2025Government ministry partner in Lenovo talent program supporting smart manufacturing skills development for Saudi graduates.
  • LenovocoreStrategic or Co-development Partner · 27 January 2025Lenovo launched a talent development program in Saudi Arabia in partnership with HRDF, the Ministry of Industry and Mineral Resources, and Alat. The program seconded 100 Saudi graduates for 4-month training in smart manufacturing at Lenovo's Riyadh facility and global sites.
  • Red Sea Global (RSG)minorStrategic or Co-development PartnerRed Sea Global graduated over 1,000 young Saudis from training programs aligned with Saudization targets and HRDF quality benchmarks.

Scale indicators4 records

Recent moves5 records

Expansion highlights6 records

Human Resources Development Fund competitors and assessment

Company assessment

Direct peers

  • SkillsFuture Singapore: Government-mandated national upskilling and wage-subsidy fund for Singaporean workers and employers. Closely comparable to HRDF in mandate (training credits, employer subsidies, mid-career pathways) and policy alignment with national economic strategy.
  • NAFIS (UAE): UAE federal program under the Ministry of Human Resources and Emiratisation providing wage subsidies, training, and job-matching support for Emirati nationals. Near-direct functional equivalent to HRDF with similar Saudization-style mandate.
  • Injaz Saudi Arabia: Saudi nonprofit delivering youth workforce readiness, entrepreneurship, and job-matching programs. Operates inside Saudi Arabia targeting similar beneficiary segments as HRDF, often as a delivery partner.
  • National Development Fund (Saudi Arabia): Parent entity of HRDF and umbrella Saudi government development fund. Operates multiple sectoral funds under Vision 2030 with similar governance and funding model; closely comparable as a peer fund rather than a competitor.

Regional players

  • Kuwait National Employment Platform (ASAL): Kuwaiti government employment and training platform supporting Kuwaiti nationals with subsidies and job matching. Regional peer operating in the same GCC labor nationalization space as HRDF.

Broad incumbents

  • Singapore Workforce Development Agency (WDA / SkillsFuture): Statutory board under Singapore's Ministry of Manpower overseeing workforce transformation, sectoral training, and employer grants. Broader mandate than HRDF but highly comparable as a state-led workforce intermediation body.
  • Bundesagentur für Arbeit (Federal Employment Agency, Germany): German federal agency administering unemployment benefits, wage subsidies, training programs, and labor market services. Comparable in scale and breadth of state-led employment and training programs.
  • ManpowerGroup: Global workforce solutions and staffing company that addresses employer hiring, training, and talent development. Comparable at the workforce intermediation layer but operates commercially rather than as a government fund.

Emerging players

  • Generation: Global nonprofit that trains and places unemployed/underemployed youth into jobs via employer-aligned programs. Comparable outcomes-focused employment training model that targets similar beneficiary segments as HRDF.

Others

  • Coursera: Online learning platform that partners with governments and workforce agencies to deliver subsidized skilling at scale. Increasingly relevant to HRDF as a potential delivery layer for its Doroob/Maharat e-training programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Human Resources Development Fund social profiles

Digital presence

Human Resources Development Fund compliance and trust

Trust signal

Compliance2 records

Human Resources Development Fund financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Human Resources Development Fund leadership team

Management profile

Number of profiles

Profiles1 record

Human Resources Development Fund funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Human Resources Development Fund M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Human Resources Development Fund

What does Human Resources Development Fund do?

The Human Resources Development Fund (HRDF/Hadaf) is a Saudi government fund that provides subsidized employment, training, and workforce-empowerment programs to Saudi nationals and private-sector establishments. Its offerings include wage subsidies (up to 50% for newly hired Saudis), graduate development (Tamheer), electronic training (Doroob), transport support (Wusool), childcare support (Qurrah), freelance support (Bahr), career guidance (Irshad), and a national employment platform (Jadarat), all delivered via the Hadaf web portal, the Taqat mobile app, and an approved training-provider network.

Is Human Resources Development Fund a public or private company?

Human Resources Development Fund is a private company. It is classified as state government owned and is currently operating.

When was Human Resources Development Fund founded?

Human Resources Development Fund was founded in 2000. It employs 501 to 1,000 people.

Where is Human Resources Development Fund based?

Human Resources Development Fund is headquartered in Riyadh, Saudi Arabia, in the Middle East region.

How does Human Resources Development Fund make money?

One revenue line is on record: government Funding and Subsidy Disbursement.

Who are Human Resources Development Fund's main competitors?

Direct peers on record are SkillsFuture Singapore, NAFIS (UAE), Injaz Saudi Arabia and National Development Fund (Saudi Arabia). Kuwait National Employment Platform (ASAL) is listed as a regional player. Broad incumbents are Singapore Workforce Development Agency (WDA / SkillsFuture), Bundesagentur für Arbeit (Federal Employment Agency, Germany) and ManpowerGroup. Generation is listed as an emerging player. Coursera is listed as an others.

Does Human Resources Development Fund have an API?

No public API is recorded for Human Resources Development Fund.

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ArgaamHRDF: 329,000 Saudis find jobs in H1 2026The Human Resources Development Fund (HRDF) facilitated employment for 329,000 Saudis in the first half of 2026, representing a 23% increase from the same period in 2025. The state-owned entity provided approximately SAR 4.9 billion in direct support to individuals and businesses through its training and empowerment programs. Additionally, over 1.69 million Saudis and more than 171,000 businesses benefited from HRDF services during this period.EatnstaysRed Sea Global Celebrates Graduation of 4th Vocational CohortRed Sea Global celebrated the graduation of its fourth vocational cohort, comprising 386 graduates from 2024. The 27-month program, covering airport services, luxury hospitality, and health and wellness, was launched with the Human Resources Development Fund and partners. Over 2,400 have benefited from the company's education programs, with graduates now exceeding 1,500.Saudi Gazette/New ‘Hadaf for Leadership’ programs launched to empower national talent and support future economyThe Human Resources Development Fund launched Hadaf for Leadership programs with ESCP Business School, starting a first cohort in Riyadh. The three-month integrated training combines in-person, distance, and workplace application to develop national leaders for Saudi Vision 2030. The initiative aims to enhance institutional performance and prepare leaders for the future economy.ArabnewsHRDF announces record employment and training support in 2025The Human Resources Development Fund (HRDF) in Saudi Arabia announced record achievements in 2025, including the employment of over 562,000 Saudi citizens and total spending exceeding SR8.29 billion ($2.21 billion) on training and empowerment programs. The initiative aims to align workforce skills with emerging sector needs and promotes sustainable employment, with significant growth in the number of benefiting establishments and sector-specific agreements.YahooLenovo Launches Talent Program To Train Saudi Graduates in Smart Manufacturing, in Partnership With the Human Resources Development Fund, the Ministry of Industry and Mineral Resources, and AlatLenovo has launched a talent development program in Saudi Arabia in partnership with Alat, the Human Resources Development Fund, and the Ministry of Industry and Mineral Resources, seconding 100 Saudi graduates for a 4-month training program in smart manufacturing. The initiative combines classroom instruction with hands-on practical experience across Lenovo's Riyadh facility and global manufacturing sites, covering engineering, technology, production, quality control, and digital operations. The program directly supports Saudi Arabia's Vision 2030 goals for industrial diversification and local talent development, aligned with Lenovo's broader investment in the Kingdom including a new manufacturing base and MEA Regional Headquarters in Riyadh.Lenovo StoryHubLenovo Launches Talent Program to Train Saudi Graduates in Smart Manufacturing, in Partnership with the Human Resources Development Fund, the Ministry of Industry and Mineral Resources, and AlatLenovo has launched a talent development program in Saudi Arabia in partnership with Alat, the Human Resources Development Fund, and the Ministry of Industry and Mineral Resources, under which 100 Saudi graduates will be seconded to Lenovo's Riyadh manufacturing facility and other global facilities for a 4-month training block combining theoretical and practical experience in engineering, technology, and manufacturing. The program is funded by the Human Resources Development Fund, with Lenovo delivering training and operational support while Alat provides technical resources, and graduates will rotate through key roles in Lenovo's global supply chain including production, quality control, and digital operations. The initiative is aligned with Lenovo's ongoing investment in Saudi Arabia, including construction of a new manufacturing base in Riyadh, establishment of the MEA Regional Headquarters, and development of R&D facilities, and directly supports the Kingdom's Vision 2030 goals for industrial growth and local talent development.BenzingaWhy Workhorse Stock Is Rising - Workhorse Group (NASDAQ:WKHS)Workhorse Group shares rose 8.44% to $2.58, tracking a broader gain in electric vehicle stocks driven by strength in growth equities. The movement coincided with Tesla trading higher despite Morgan Stanley lowering its price target, and Lucid Group rising following a signed memorandum of understanding with Saudi Arabia's Human Resources Development Fund.PR NewswireLucid Middle East Announces Signing of MoU with the Human Resources Development Fund (HRDF) in Saudi ArabiaLucid Group announced the signing of a Memorandum of Understanding with Saudi Arabia's Human Resources Development Fund (HRDF) to source and train Saudi talent through specialized programs in manufacturing, sales, marketing, and engineering. HRDF will cover 75% of training costs and salary support for over 1,000 employees, representing an estimated contribution of more than $50 million USD (SAR 187.5 million) over a 5-year period. The partnership aligns with Saudi Arabia's Vision 2030 objectives to reduce unemployment and develop human capital, as Lucid continues expanding its presence in the Kingdom including a planned production facility at King Abdullah Economic City.PR NewswireLucid Middle East Announces Signing of MoU with the Human Resources Development Fund (HRDF) in Saudi ArabiaLucid Group signed a Memorandum of Understanding with Saudi Arabia's Human Resources Development Fund (HRDF) to train over 1,000 employees. HRDF will cover 75% of training costs and salary support, contributing more than $50 million over five years. The collaboration supports Saudi Vision 2030 and follows Lucid's opening of a Riyadh studio.