KPMG to create 700 new jobs for Saudi nationals

Saudi-based KPMG Al Fozan & Partners plans to create more than 700 jobs over the next five years for Saudi nationals, it said in a statement on Wednesday.

“KPMG plans to add at least 700 professionals over the next five years to meet the expected growth in business,” said Abdullah Al-Fozan, chairman of KPMG MESA and KPMG in Saudi Arabia.

“In line with this plan, KPMG has moved into new spacious offices in Jeddah and Khobar and has already signed a lease agreement for a new office complex in Riyadh,” he added.

At the end of the Q1 2018, the consultancy employed about 1,200 employees in the Kingdom, of which over 500 were Saudi nationals.

The introduction of value-added tax (VAT) at the beginning of this year was an “important landmark”, Al-Fozan said, adding, the tax will “benefit everyone and create huge employment opportunities for Saudis, both in public and private sectors”.