Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait - Invest more in our youth - and make a difference: Alghanim   Join our daily free Newsletter

MENAFN - Arab Times - 03/02/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - Arab Times) The eyes of the business, political and developed world were focused on the Swiss town of Davos recently when leaders in each of these fields gathered for the annual World Economic Forum. I was fortunate enough to attend this impactful gathering and participate in various discussions addressing issues which we all need to have on our radar screens here in Kuwait and beyond: Youth unemployment, reforms in education, and frontier markets. Here's why these three issues are so important for us. First, the Arab world has some of the highest unemployment rates in the world. Second, almost 65% of our population is below the age of 25. These numbers are alarming

It's time now for us to create a common understanding of the youth unemployment challenge and find ways to explore policy interventions to increase the number of youth employed in the private sector. As CEO of Alghanim Industries, it's something I am fully committed to doing as I look to build a more robust economic future for our youth. We cannot effectively create a more prosperous society for the next generation without securing social stability and that cannot be achieved without having young Kuwaitis participate in private sector jobs.

To participate in private sector jobs, we need to rethink education and address key skills needed by our youth to succeed in a competitive environment. We need to engage educators in a dialog and explain the need to invest in training to develop relevant competencies required by the private sector. I have seen how this is possible in my role at Injaz, which mentors emerging youth across the MENA region to develop business skills and teach students about entrepreneurship. Simply put, talent underpins everything

People are the platform for growth, industrialization, and competitiveness. So how do we go about making this happen? Let's have some facts speak for themselves. For instance, corporate giving to global health is sixteen times what it is to global education. Shouldn't we all think about investing more in our youth so their futures are launched from a more solid educational and job relevant background? Knowledge is power. Our world today is more connected than ever. We are living in a so called "24/7" world, but a world where we are more informed than ever before. Yet therein lies our challenge

As a Kuwaiti, I plan to rise to this challenge, invest more in our youth, encourage entrepreneurship and participate in making education more relevant. I strongly believe that a competitive labor force will also encourage more competition in the private sector, which in turn will make our private sector firms stronger and prepare us for global competition in an innovation driven economy. It's time we all started to make a difference, have an impact, and all emerge as leaders


Arab Times

  MENA News Headlines
 Oct 13 2015 - France signs deals worth $10 bn with Saudi ArabiaAFP
(MENAFN - AFP) France on Tuesday announced a series of deals worth 10 billion euros ($11.4 billion) with Saudi Arabia, reinforcing growing ties between the two countries. Prime Minister Manuel Valls ...

 Oct 13 2015 - 27 Palestinians killed since beginning of OctoberJordan News Agency
(MENAFN - Jordan News Agency) The number of Palestinians who have been killed since the beginning of October due to confrontations with Israeli occupation forces in the West Bank, occupied Jerusalem ...

 Oct 13 2015 - Jordan- Social development minister, Saudi counterpart discuss cooperationJordan News Agency
(MENAFN - Jordan News Agency) Minister of Social Development Reem Abu Hassan on Tuesday, discussed with Saudi Minister of Social Affairs Majid Al Qasabi, means to boost social cooperation between the ...

 Oct 13 2015 - Two Israelis killed, 16 others injured in occupied JerusalemJordan News Agency
(MENAFN - Jordan News Agency) An Israeli soldier was killed and 16 others were injured in a shooting an stabbing attack carried out by two Palestinians inside an Israeli bus in Jabel Mukaber ...

 Oct 13 2015 - UAE- Nedaa to feature latest technological innovations in LTE mobile broadband communications at GITEXEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 13th October 2015 (WAM) -- Nedaa the Dubai Government's professional communication corporation has announced its participation in the 35th edition of ...

 Oct 13 2015 - UAE- RAK Ruler receives Secretary General of the Supreme Council of the UnionEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) RAS AL-KHAIMAH 13th October 2015 (WAM) -- H.H. Sheikh Saud bin Saqr Al Qasimi Supreme Council Member and Ruler of Ras al-Khaimah today received Hamad Abdul ...

 Oct 13 2015 - Mohammed bin Rashid pays his respects on death of martyr Sultan Al MazrouieEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) KALBA 13th October 2015 (WAM) -- Vice President and Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has offered ...

 Oct 13 2015 - UAE- Eye on Earth Summit calls for practical action to support 2030 sustainable development agendaEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 13th October 2015 (WAM) -- The second Eye on Earth Summit has concluded with a commitment from delegates to implement a number of mechanisms ...

 Oct 13 2015 - Yemeni Minister of Human Rights: UAE plays a major role in restoring stability in YemenEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) CAIRO 13th October 2015 (WAM) --Yemen's Minister of Human Rights Izz Al-Din Al-Asbahi has praised the leading role played by the United Arab Emirates in ...

 Oct 13 2015 - UAE- EGA sponsors Montessori Model United Nations conference to empower tomorrow's leadersEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 13th October 2015 (WAM) -- As part of its commitment to supporting education initiatives in the UAE Emirates Global Aluminium EGA sponsored 150 ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

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


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


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