Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE- Fikr 12 conference focuses on job creation  Join our daily free Newsletter

MENAFN - Khaleej Times - 05/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) The Arab Thought Foundation's annual conference, 'Fikr 12', provides an effective platform to discuss the most important issues in the Arab world, said His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

"The conference has become a major annual event that brings together Arab intellectuals, thought leaders and innovators."

Shaikh Mohammed said this while inaugurating Fikr 12, being held in Dubai under the theme 'Job Creation: 80 Million Jobs by 2020 in the Arab World', on Wednesday.

He praised the annual event, which brings together Arab intellectuals, thought leaders and innovators, and provides a communication platform for them to exchange views on the most important and fundamental concerns of the Arab world. He commended the efforts of Prince Khalid Al Faisal, Chairman of the Arab Thought Foundation (ATF), an organisation with vast experience in launching development, thought and cultural initiative in the Arab world. He called on all participants to identify strategies and action plans that would support the development of the Arab world.

The event was also attended by Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai; Shaikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai; and Prince Turki Al Faisal.

Prince Khalid presented 'The Arab Creativity Award' to Shaikh Hamdan bin Mohammed for the 'Dubai Smart City' Initiative, which was launched by Shaikh Mohammed bin Rashid and has contributed to achieving unprecedented technical and scientific development within the emirate.

Changing mindsetstowards private jobs
The report on 'Enabling Jobs Creation in the Arab World' issued by the ATF in cooperation with PricewaterhouseCoopers (PWC) and the Ministry of Labour in Saudi Arabia was released at the conference, followed by a discussion by expert panelists.

The pointed out the various shortcomings in the education system, and the reluctance on the part of Arab youth to become a part of the private companies' workforce.

However, the UAE, according to experts, has fared well in the report and with the coming Expo 2020, employability rate in the tourism industry will shoot up to 40 per cent.

"The public sector plays an important role in providing jobs to youth in the region," said Haneen Sayed, Human Development Coordinator of the Middle East and North Africa, World Bank, Lebanese Republic.

In a report that was released by the World Bank recently, the region needs to create 80 million jobs by 2020. Sayed added: "Six impediments were pointed out in the report with regard to job allocation among the youth in the region. The major concern at the moment is to reduce unemployment among the youth in the region."

To produce a workforce that can be employed in the private sector, the education system and the Arab curricula must undergo a change. "The current system lacks the necessary techniques to build a task force that is ready to work in the private sector. Most educational institutes prepare the youth for examinations; they are not made work ready," she said.

In an interview with Khaleej Times, Emad Tinawi, a partner at PWC, said the immediate problem is that there is a negative mindset among the youth here when it comes to finding jobs in the private sector. "It is still a cultural thing. There is still a prevailing mindset that the public sector provides a much higher salary than the private sector does," said Tinawi.

"There are now a significantly higher number of UAE nationals who have been educated outside the country now. But research in private firms show that the youth might have the technical skills required to work in private firms, but do not necessarily have the soft skills to perform work in the sector. They are not good with team playing or don't have the right work ethic."

Tinawi, however, opined that there is already a massive shift in trends and the mindset of the youngsters will change in the coming years. "Especially with Dubai winning the Expo bid, there is a possibility that the youth would even be willing to get into the service industry, which was usually not the case," added Tinawi.

 


Khaleej Times




  MENA News Headlines
 Nov 28 2014 - India says still searching for 39 workers seized in IraqArab News
(MENAFN - Arab News) NEW DELHI: India said Friday it was still searching for 39 construction workers abducted in Iraq in June denying a report claiming they had been executed by the Islamic State ...

 Nov 28 2014 - Gulf Asia approve steps to protect foreign workersArab News
(MENAFN - Arab News) KUWAIT CITY: Gulf and Asian labor ministers agreed Thursday on a series of initiatives aimed at boosting protection and improving conditions of employment for millions of foreign ...

 Nov 28 2014 - UAE hints at body to monitor forex pegThe Peninsula
(MENAFN - The Peninsula)   An advisory body to the UAE government has suggested that the central bank review the country's currency peg to the US dollar, but local bankers said any change to the peg ...

 Nov 28 2014 - Qatar bourse index down by 3.72pc last weekThe Peninsula
(MENAFN - The Peninsula)  Qatari bourse fell on heavy selloff on latest Opec pessimism on output cut. The benchmark index plunged by 1.39 percent to finish at 13,330 yesterday.The entire sector ...

 Nov 28 2014 - Qatar calls for creating Common Islamic MarketThe Peninsula
(MENAFN - The Peninsula)  Speaking on behalf of all Arab countries, Qatar's Minister of Economy and Commerce, H E Sheikh Ahmed bin Jassim bin Mohamed Al Thani, yesterday at the Ministerial Session of ...

 Nov 28 2014 - Saudis block Opec output cutThe Peninsula
(MENAFN - The Peninsula)  Saudi Arabia blocked calls yesterday from poorer members of the Opec oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude ...

 Nov 28 2014 - Don't bypass oil firm, Libya rival govt warnsThe Peninsula
(MENAFN - The Peninsula)  Libya's parallel government controlling the capital will take legal action against buyers of oil bypassing the Tripoli-based state oil firm National Oil Corporation (NOC), ...

 Nov 28 2014 - Qatar Airways partners with Coca Cola IPTLThe Peninsula
(MENAFN - The Peninsula)  Qatar Airways (QA) has teamed up with Coca-Cola International Premier Tennis League (IPTL) as the presenting sponsor for the inaugural edition of the event.The IPTL is the ...

 Nov 28 2014 - Aljazeera to hold global hackathonThe Peninsula
(MENAFN - The Peninsula)   Aljazeera is organising its first hackathon where some of the most innovative minds in media and technology from around the globe will work together and collaborate on the ...

 Nov 28 2014 - GCC 'Summit key to boosting unity'The Peninsula
(MENAFN - The Peninsula)  H M King Hamad bin Isa Al Khalifa of Bahrain yesterday met GCC Secretary-General Dr Abdullatif bin Rashid Al Zayani, who is on a GCC tour.King Hamad stressed the importance ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help