Musk's X sues New York state over social media hate speech law    Alsulaiman Group acquires Taajeer Finance to lead digital transformation and growth in financial services    US action against Iran would fuel 'broader conflict' in the Middle East, EU's Kaja Kallas warns    Massive military jet shuffle signals possible groundwork for US action    Israeli arms firm Rafael threatens to sue France over Paris Air Show shutdown    Martina Navratilova: 'I wouldn't have left home for Trump's America'    Pianist Alfred Brendel dies aged 94    Royal Guard celebrates graduation of female cadets    Bangladeshi arrested for sexual harassment in Al-Baha    Heritage Commission registers over 700 new archaeological sites in Saudi Arabia    Venice activists plan to disrupt Jeff Bezos's wedding    Heritage Commission registers over 700 new archaeological sites in Saudi Arabia    Saudi Arabia announces its candidacy to ITU Council's membership    Riyadh ranks 23, up 60 places, among top 100 emerging startup ecosystems globally    California doctor to plead guilty to supplying Matthew Perry with ketamine    Culture Ministry to present second edition of 'Terhal' performance in Diriyah this August    Saudi Arabia beat Haiti 1-0 to open 2025 Gold Cup campaign    Al Hilal president: No new signings for Club World Cup due to inflated demands    Saudi Arabia miss World Cup spot after Australia defeat, head to Asian playoff    New York Gallery showcases AlUla Heritage sketches by French architect Heim    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Retirees nation's forgotten treasure, say economists
Published in The Saudi Gazette on 17 - 12 - 2012


Saudi Gazette report
JEDDAH — The economic power of any country is evident by its human resources factor. This factor effectively contributes to the development and the economic and social pace of the country.
Retirees are a part of this factor but have been largely marginalized. Despite repeated and frequent calls for engaging them productively in the social and economic process, they have been neglected for years.
In view of the international efforts to activate all possible development factors, these human resources should not be neglected. An effective link should be created between retirees who have the desire to work, and government and private bodies who wish to utilize their expertise.
Economic experts stress that retirees in the Kingdom represent the nation's forgotten treasure. Their long experiences in different professions and fields should be employed in the development and economic activities.
Developed countries have invested in these human resources by employing them in consultancy centers.
Research and consultancy centers should be created, where retirees can offer their expertise. These centers will benefit the development process. Their experience will benefit the young, who are in need of direction.
Committees entrusted with the welfare of retirees lack the capabilities to promote their role.
The Chairman of the National Retirees Association Abdulaziz Al-Henaidi told Al-Riyadh newspaper that retirees are a national treasure with high qualifications and long professional experience in various fields.
He said the association was founded seven years ago with the purpose of utilizing retirees and changing the views of some that they are useless dependents.
The latest statistics, he added, show that there are 850,000 retirees in the Kingdom, of whom 16 percent are women.
Economic analyst Ali Al-Towati said that there should be a study of the qualifications and experiences of the retirees. They should be categorized according to their expertise, and support government bodies as consultants. Many can easily replace the hundreds of thousands of expatriates in mid to high levels of executive management in public and private organizations, thus adding to the success of the Saudization program.
Developed countries have achieved many positive results by utilizing retirees.
There are many retired qualified leaders that remain unused. The lack of society's awareness of these retirees is a hindrance that often has a psychological affect on them, said Al-Towati.


Clic here to read the story from its source.