Quotes: US 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.

 






  MENA News Headlines
Apr 23 2014Omantel launches service package for youth ,MENAFN
(MENAFN) Omantel announced launching 'Ozone' plan, a new package designed especially for the youth. This comes with the company"s constant efforts to enhance the communication needs of its customers, ...

Apr 23 2014Dh154 billion for Arabtec projects ,Khaleej Times
(MENAFN - Khaleej Times) Arabtec will spend dh140 billion on building one million low-cost houses in egypt and dh14 billion on five mixed-use residential projects in abu dhabi and dubai its chief ...

Apr 23 2014?Titli? makers excited about Cannes selection ,Khaleej Times
(MENAFN - Khaleej Times) The movie about the badlands of delhi?s dystopic underbelly will be in competition as part of the un certain regard section of the 67th cannes film gala to be held may ...

Apr 23 2014Saudi- Yaroub Bashraheel: In search of peace ... underwater ,Arab News
(MENAFN - Arab News) You've heard of diving snorkeling and other water activities but rarely has anyone heard of free-diving. it's a form of diving underwater without the aid of any breathing ...

Apr 23 2014Saudi- Schneider highlights intelligent health care solutions at forum ,Arab News
(MENAFN - Arab News) Schneider electric a global specialist in energy management is set to showcase its leadership in intelligent health care solutions at the second saudi forum for planning and ...

Apr 23 2014Saudi- Divorcees can seek housing ,Arab News
(MENAFN - Arab News) The kingdom will accept applications from saudi divorced women and widows for financial and housing support said justice minister muhammad al-issa.al-issa called on applicants ...

Apr 23 2014Saudi Savola Group revenue up 43 pct in Q1 ,MENAFN
(MENAFN) Saudi Arabia's Savola Group registered a 43 percent increase in profits in the first quarter, well over expectations of analysts, Arabian Business reported. According to a statement to ...

Apr 23 2014Saudi- New passport office opens at Red Sea Mall ,Arab News
(MENAFN - Arab News) The passport department has opened a new office for citizens and residents at the red sea mall.gen. abdul rahman bin abdullah al-tuwairki deputy director general of the ...

Apr 23 2014Dewa and GE explore collaboration opportunities ,Khaleej Times
(MENAFN - Khaleej Times) Saeed mohammed al tayer managing director and chief executive officer of the dubai electricity and water authority (dewa) recently received a ge delegation to explore ...

Apr 23 2014Sale of Gate Towers penthouses launched ,Khaleej Times
(MENAFN - Khaleej Times) Aldar properties has launched the sale of 21 exclusive duplex penthouse apartments at gate towers the penthouse collection in shams abu dhabi on al reem island. one of ...

Apr 23 2014ADCB profit grows 26% in first quarter ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi commercial bank?s profit grew 26 per cent in the first quarter of the year to dh1. however net profit rose 22 per cent year-on-year. non-interest income was 24 ...

Apr 23 2014Local international companies come out in force ,Khaleej Times
(MENAFN - Khaleej Times) Cityscape abu dhabi has started showing stronger interest from property developers who have showcased their upcoming projects. the three-day realty show was opened by ...

Apr 23 2014Kowait- Police deportation powers curbed ,Arab Times
(MENAFN - Arab Times) Kuwait city april 3 (afp): kuwaiti police will no longer be able to deport expatriates without interior ministry approval under new rules published thursday after officers ...

Apr 23 2014Kowait- Amiri Diwan urges all off tape case ,Arab Times
(MENAFN - Arab Times)  kuwait city april 9 (agencies): the amiri diwan has called on everybody to steer clear of the controversial tape issue and let the public prosecution take the necessary ...

Apr 23 2014Kowait- New hospital to be ready by 2014 end ,Arab Times
(MENAFN - Arab Times) Kuwait city jan 14 (kuna): director of the 'mega projects 3' group at kuwait oil company (koc) yaqoub dashti said on tuesday that the new ahmadi hospital would be ready to ...

Apr 23 2014Seven tied for the lead in chess championships ,Khaleej Times
(MENAFN - Khaleej Times) Former champion sukandar grabs lead of asian continental women?s chess. former asian women’s champion wgm irene sukandar of indonesia (left) beat wim ni shiqun ...

Apr 23 2014Tamouh steps up activity on projects ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi-based real-estate developer tamouh has scaled up construction activity on all of its announced reem island projects to meet the rising demand for prime spaces in ...

Apr 23 2014'Piles and piles' of bodies in S. Sudan ,Arab News
(MENAFN - Arab News) Nairobi: gunmen who targeted both children and the elderly left 'piles and piles" of bodies — many of those in a mosque — in a provincial capital in south sudan the un's top ...

Apr 23 2014Here?s your chance to share screen space with SRK ,Khaleej Times
(MENAFN - Khaleej Times) Groupon india has joined hands with srk?s red chillies entertainment to give fans a chance to feature with the superstar in his upcoming film ?happy new year?. if you ...

Apr 23 2014ADCB NIC in Dh950 million deal ,Khaleej Times
(MENAFN - Khaleej Times) Abu dhabi commercial bank or adcb this week inked a dh950 million term facility to provide national investment corporation or nic the developer of the breakwater area in ...

more...


 






Google

 
 

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
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

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
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

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


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help