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Rising Employee Engagement In Saudi Arabia: Decreasing Workplace Stress And Growing Job Market Optimism

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WASHINGTON, June 12, 2024 /PRNewswire/ — Gallup’s latest State of the Global Workplace report finds that global employee engagement stagnated and employee wellbeing declined in 2023 after multiple years of steady gains. The result is that the majority of the world’s employees continue to struggle at work and in life, with direct consequences for organizational productivity.

However, the report reveals another year of growth in the share of thriving, engaged employees in the Kingdom of Saudi Arabia.

With a four-percentage-point increase from last year, the latest findings show that 28% of Saudi employees are engaged, outpacing the global average of 23% and well above the average of 14% in the Middle East and North Africa (MENA) region. MENA has the second-lowest regional percentage of engaged employees.

Notably, two-thirds of female employees in the KSA are disengaged at work (68%), significantly higher than 59% of disengaged male employees. Saudi workplaces have substantial potential for enhancing workplace cultures that support both employee engagement and wellbeing.

The Role of Work in Employee Mental Health and Wellbeing

Employee engagement is a significant factor in overall life experiences. Not all mental health issues are related to work, but work is a factor in life evaluations and daily emotions. Addressing employee mental health, in part, requires support for thriving in life and engagement at work.

The MENA region has the highest regional percentage of employees feeling stress (52%), with more than half of employees experiencing it a lot the previous day, compared to 41% globally. In KSA, far fewer employees report experiencing stress in the workplace (28%), a one-percentage-point decrease from 2022. In Saudi workplaces, one in five employees (20%) experience daily sadness, below the regional rate of 26% and closer to the global average of 22%.

Gallup finds that 20% of the world’s employees report experiencing loneliness a lot the previous day. Social isolation and chronic loneliness have a devastating effect on physical and mental health but work itself decreases loneliness. In general, working adults are less lonely than the global average. 

The Role of the Manager in the Wellbeing of Workers and Organizations

The world’s managers are more likely than non-managers to be engaged at work and thriving in life. Gallup’s wellbeing item measures overall life evaluation by combining present and future self-reflection.

Compared to the global rate of 34% reporting thriving in their overall lives, fewer employees in the MENA region (25%) report doing so. However, the findings in the KSA specifically saw nearly twice as many people (49%) reporting thriving, a two-percentage-point increase from 2022.

Growing Optimism Regarding the Job Market

Positive trends in employee engagement parallel growing optimism among employees regarding the country’s job market. These findings in KSA have improved by six percentage points since 2022, when 60% of survey respondents considered it was a good time to find a job. In 2023, two-thirds of employees in Saudi Arabia (66%) say it is a good time to find a job. This percentage is closer to the global average of 54% but significantly higher than regional findings of 33% in the MENA region — the lowest regional percentage of employees who say it is a good time to find a job where they live.

The global workplace has changed since 2020. The rise in hybrid work for remote-capable employees has made people management more complicated. When organizations increase the number of employees who are engaged at work, it improves a host of organizational outcomes.

Engagement also reduces employees’ intent to leave. In Saudi Arabia, 47% of employees report watching for or actively seeking a new job, matching the regional figure (48%) but below the 52% globally.

Saudi Arabia is going through a once-in-a-lifetime transformation, which has positively reflected on how employees experience workplaces and their own wellbeing. Saudi employers should build on the positive strides they’ve made in enhancing employee engagement and alleviating workplace stress,” said Alaa Alshaikh, executive director at Gallup. “There remains a considerable opportunity for improvement among organizations in Saudi to cultivate even more vibrant workplace cultures that prioritize employee engagement and wellbeing.”

About Gallup

Gallup delivers analytics and advice to help leaders and organizations solve their most pressing problems. Combining more than 80 years of experience with its global reach, Gallup knows more about the attitudes and behaviors of employees, customers, students, and citizens than any other organization in the world.

Media Contacts: Riada_Akyol@gallup.com
Luffa_Khnom-Ramsden@GALLUP.co.uk

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GrayMatters Health Expands Mental Health Solutions Portfolio with Launch of Prism™ Suite

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Innovative Prism™ Platform Now Includes Protocol for Patients with Depression 

NEW YORK, May 15, 2025 /PRNewswire/ — GrayMatters Health (GMH), the pioneers in mental health treatment through digital brain biomarkers, today announced the launch of Prism™ Suite, a comprehensive, next-generation portfolio of solutions designed to empower providers and enhance patient outcomes. Building on the success of the FDA cleared Prism™ for PTSD, the newly expanded suite now includes a Depression protocol, further broadening GMH’s impact on the mental health landscape.

Powered by the world’s first fMRI-informed digital biomarkers, Prism™ is reshaping how providers guide patients on their mental health journey. The latest innovation within the portfolio is a Depression protocol that guides patients to learn to regulate brain activity associated with their depression using a reward-system biomarker.

“It is exciting to see novel interventions that use fMRI-Informed biomarkers to connect to brain systems,” commented Linda Carpenter, MD, Professor of Psychiatry and Human Behavior at Brown University and Director of the Neuromodulation Research Facility at Butler Hospital. “We anticipate that Prism targeting the reward-system biomarker will provide a personalized and effective care option for patients living with depression syndromes characterized by anhedonia.”

In interactive sessions, patients explore mental strategies to increase the level of the reward-system biomarker and get the animated character in the simulation to go out and do an activity. The results of the Depression pilot study, published in Brain Sciences, demonstrated reduction in depressive symptoms in 78% of participants (HDRS) with a large effect size on anhedonia symptoms (SHAPS-C).

“With the addition of the Depression protocol, we’re opening the door for even more patients to benefit from a personalized experience that can become a skill for daily life,” said Oded Kraft, CEO and co-founder of GrayMatters Health. “By harnessing the power of the brain, we’re giving mental healthcare providers tools to guide their patients to meaningful, measurable progress.”

To complement the patient experience, Prism™ Suite also features a robust set of features for providers to monitor patient progress and provide insights as to the patient experience to improve engagement. The Insights tool delivers data-driven analysis of each patient’s performance as well as suggested topics for discussion to guide their Prism experience.

GMH’s revolutionary technology is built on its proprietary EEG-fMRI-Pattern (EFP) digital biomarkers, developed using advanced machine learning to map high-resolution fMRI data from deep brain regions onto EEG signals. The company’s award-winning, FDA-cleared treatment for PTSD is helping patients learn to self-regulate brain activity associated with PTSD using an amygdala-based biomarker at clinics in California, Connecticut, Florida, Georgia, Illinois, Massachusetts, New York, North Dakota, Pennsylvania, Rhode Island, Texas and Washington.

To learn more about Prism™, visit https://www.graymatters-health.com/.

About GrayMatters Health
GrayMatters Health (GMH)  is a mental health technology company developing and marketing an interventional psychiatry suite of solutions powered by digital fMRI-Informed biomarkers. Prism™ self-neuromodulation empowers patients to develop personal mental strategies to regulate brain activity associated with their disorder in the clinic and in their daily lives.

The company is collaborating with leading mental health institutions to research and evaluate Prism for additional psychiatric disorders. GMH’s core patented technology has been extensively researched and featured across peer-reviewed publications, led by Professor Talma Hendler, MD, PhD and her team at Tel Aviv University.

Learn more by visiting our website https://graymatters-health.com and following us on LinkedIn.

Media Contact:
5W Public Relations
GrayMatters@5wpr.com

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SOURCE GrayMatters Health

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JX Luxventure Group Soars with 57% Revenue Surge and Sustained Profitability in FY 2024 Results

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HAIKOU, China, May 15, 2025 /PRNewswire/ — JX Luxventure Group Inc. (Nasdaq: JXG) (the “Company”), a company in the wholesale trade sector specializing in duty-free and cross-border consumer goods, as well as  providing integrated solutions in wholesale trade, including logistics, supply chain management, and technology solutions to support the efficient distribution of tourism-related products, today announced financial results for the fiscal year ended December 31, 2024. 

Financial Highlights for the full year ended December 31, 2024:

Revenue: The Company reported revenue of $49,840,288, an increase of $17,999,700 from $31,840,588 in 2023, representing a significant year-over-year growth of 57%.

Profit: Gross profit reached $8,352,316, up $2,895,947 from $5,456,369 in 2023, reflecting a robust year-over-year increase of 53%. Net profit was $3,073,807, a modest increase of $30,028 from $3,043,779 in 2023, marking a year-over-year growth of 1%.

Ms. Sun “Ice” Lei, Chief Executive Officer of the Company commented: “Our 2024 financial results demonstrate the strength and foresight of our three-year turnaround strategy, launched in 2020. This year’s strong performance, driven by significant revenue and gross profit growth, highlights our team’s dedication to operational excellence and strategic market expansion. Achieving a net profit of $3.07 million reflects our ability to sustain profitability while navigating the dynamic wholesale trade and tourism sectors with financial discipline.

Looking ahead, we are poised to capitalize on this momentum, continuing to innovate and expand our global presence. Our team is committed to delivering transformative growth while maintaining profitability, and we are confident in our strategy to drive long-term value for our stakeholders in the years to come.”

About JX Luxventure Group Inc.

Headquartered in Haikou, China, JX Luxventure Group Inc. is a company in the wholesale trade sector specializing in duty-free and cross-border consumer goods, as well as providing integrated solutions in wholesale trade, including logistics, supply chain management, and technology solutions to support the efficient distribution of tourism-related products.  To learn more about the Company, please visit its corporate website at https://www.jxluxventure.com/en/

Safe Harbor Statement

This press release may contain certain “forward-looking statements” relating to the business of JX Luxventure Group Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein, are “forward-looking statements” in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

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SOURCE JX Luxventure Group INC.

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MicroTech Secures Major Contract with Government Printing Office to Provide On-Site Federal Print Managed Services

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RESTON, Va., May 15, 2025 /PRNewswire/ — MicroTech, a leading provider of innovative IT solutions, proudly announces its latest achievement: a contract award from the Government Printing Office (GPO) under the esteemed D951-M program. This win authorizes MicroTech to deliver comprehensive managed print services, including printing, scanning, document conversion, mail equipment, fax server solutions, fleet management, and managed print services, to federal agencies both within the Continental United States (CONUS) and Outside the Continental United States (OCONUS).

A Monumental Milestone: Over 200 Task Orders and $400 Million in Awards
This contract expands MicroTech’s federal sector presence and builds on a legacy of success with the 951-M program. With over 200 task orders issued for services such as equipment supply, digitization, personnel management, and maintenance, MicroTech has become a trusted provider for federal agencies. Each task order typically exceeds $2 million, with the program’s cumulative value estimated at over $400 million, a figure that continues to grow.

Proven Federal Excellence
Since 2003, MicroTech has earned a reputation for delivering cost-effective, scalable solutions to both civilian and defense agencies. From print document services to IT asset management and enterprise mail systems, MicroTech consistently meets the unique needs of federal clients. Leveraging a strong network of partners, the company utilizes both leased and procured equipment to maximize efficiency and ensure top-tier service delivery.

The 951-M Program: A Federal Cornerstone
Now in its 19th year, the 951-M Umbrella Contract averages 20 task orders annually, each valued at over $2 million. It remains a vital resource for federal operational efficiency and cost-effectiveness. As the program evolves, MicroTech remains committed to providing innovative, reliable solutions that support the US Government’s mission.

“We are honored to support the mission-critical operations of our federal partners through this significant contract award,” said Tony Jimenez, President & CEO of MicroTech. “This reflects our ongoing commitment to excellence, innovation, and service reliability in managed print services across the public sector.”

About MicroTech
Founded in 2004, MicroTech is a Service-Disabled Veteran-Owned Small Business (SDVOSB) and Minority Business Enterprise (MBE) certified by the SBA and NMSDC. Recognized as a top Hispanic business and award-winning IT Managed Service Provider, MicroTech delivers solutions in Cyber Security, Cloud Computing, Infrastructure Services, Professional Engineering, Network Integration, Leasing/Financial Services, and Unified Communications. The company holds key certifications, including ISO 9001, 20000, 27001, 20243, CMMI Level 3 (Services & Development), and CMMC Level 2, as verified by a Certified Third-Party Assessment Organization (C3PAO), ensuring excellence in IT and advanced technology solutions.

Contact:
Jennifer Berman
jberman@microtech.net 

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SOURCE MicroTech

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