FII Initiative CEO: Sustainable partnerships key to advancing Saudi biotech innovation
Princess Maha bint Mishari, CEO of the FII Institute, highlights the need for sustainable partnerships to turn biotech innovation into investments for Saudi health and economy.
L'Oréal Group is set to double its workforce in Saudi Arabia by 2026, with the majority of new hires expected to be young Saudi nationals. This strategic expansion reflects the growing importance of the Kingdom for the beauty giant, alongside significant investments in local talent development, vocational education in the beauty sector, and support for the content creator community.
The company's President, Vismay Sharma, emphasized Saudi Arabia's status as a dynamic and strategically important beauty market during a recent visit to the region. L'Oréal's efforts in the country have already shown impressive results, with Saudi nationals now comprising over half of the company's workforce. The expansion is part of L'Oréal's broader commitment to supporting the growth and prosperity of the beauty sector in Saudi Arabia, as the Kingdom undergoes rapid economic transformation.
Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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