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
 Aug 1 2015 - Qatar Airways refutes US carriers' subsidy claimsMENAFN
(MENAFN) Qatar Airways (QA), in a 'white paper' submitted to the US, has refuted the subsidy allegations against it by the 'Big 3' US carriers.The submission addressed and answered all issues raised ...

 Aug 1 2015 - S&P confirms Doha Insurance rating at 'A'MENAFN
(MENAFN) Standard & Poor's Ratings Services affirmed its 'A' insurer financial strength and counterparty credit ratings on Qatar-based Doha Insurance Co. QSC (DIC). The outlook remains ...

 Aug 1 2015 - Foreign firms eye USD5b Saudi gas projectMENAFN
(MENAFN) Foreign engineering firms have submitted bids to build a gas plant in eastern Saudi Arabia for Saudi Aramco at an estimated cost of USD5 to USD6 billion, industry sources said.Saudi Aramco's ...

 Aug 1 2015 - Qatar- S&P affirms DIC ratings at 'A'The Peninsula
(MENAFN - The Peninsula) Standard & Poor's Ratings Services yesterday affirmed its 'A' insurer financial strength and counterparty credit ratings on Qatar-based Doha Insurance Co. QSC (DIC). The ...

 Aug 1 2015 - Yemen shelling kills 4 on Saudi borderThe Peninsula
(MENAFN - The Peninsula) Rocket fire from war-wracked Yemen on Friday killed threeSaudi soldiers and a member of a paramilitary force, in the deadliest border incident for several weeks, the interior ...

 Aug 1 2015 - Al-Qaeda in Syria attacks US rebel baseThe Peninsula
(MENAFN - The Peninsula) Al-Qaeda's Syria affiliate launched a fierce assault on the headquarters of a US-trained rebel group Friday, while claiming responsibility for capturing members of the ...

 Aug 1 2015 - 4 killed as Saudi private jet crashesThe Peninsula
(MENAFN - The Peninsula) Pilot and three passengers are killed after Saudi private jet crashes into a car dealership near Hampshire airport after overshooting the runway as it tried to land.The small ...

 Aug 1 2015 - Palestinian baby dies in home attackThe Peninsula
(MENAFN - The Peninsula) Suspected Jewish settlers torched a Palestinian home in the occupied West Bank yesterday, killing an 18-month-old boy and seriously injuring his parents and elder brother, an ...

 Aug 1 2015 - Houthis lose ground in Yemen's southThe Peninsula
(MENAFN - The Peninsula) Southern Yemeni fighters backed by a Saudi-led air coalition seized more territory from Houthi militiamen near Aden yesterday, while three Saudi soldiers were killed when the ...

 Aug 1 2015 - Kurdish attack kills two Turkish copsThe Peninsula
(MENAFN - The Peninsula) Two more Turkish police were killed yesterday in an attack blamed on Kurdish militants as tensions in the country boiled over amid the military's cross-border bombing ...

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