RIYADH: Saudization and the regional headquarters initiative are driving Saudi Arabia’s human resources sector’s steady, structural growth, with listed recruitment firms reporting excellent profits.
Businesses like Al Mawarid Manpower Co. and International Human Resources Co., which both reported significant profit growth in 2025, demonstrate the momentum. According to records on the Saudi Exchange, International Human Resources Co. declared a net profit of SR14.3 million, a 69.92 percent year-over-year gain, while Al Mawarid reported a net profit of SR138.46 million ($36.90 million) in 2025, up 45.1 percent from the previous year.
The human resource management market in Saudi Arabia is expected to develop at a compound annual growth rate of 15.5 percent from 2025 to 2030, reaching $1.82 billion by the end of the decade, according to Grand View Research.
According to experts, this increase is not the result of transient cycles but rather deeper structural changes. Leading firms like Al Mawarid Manpower Co. and International Human Resources Co., posting revenue growth, illustrate the shift from intermediaries to workforce infrastructure platforms, enabled by AI, digital compliance, and workforce analytics,” Maurice Salem, senior principal at Arthur D. Little Middle East, told Arab News.
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