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
 Apr 21 2015 - Trade balance deficit drops about 17%Jordan News Agency
(MENAFN - Jordan News Agency) The Kingdom's trade balance deficit had decreased by 16.9 percent at the beginning of this year, driven by a 34.8 percent fall in oil imports, according to Department of ...

 Apr 21 2015 - Kuwait Stock Exchange closes in red zoneSaudi Press Agency
(MENAFN - Saudi Press Agency) Kuwait Stock Exchange (KSE) ended Tuesday's session in the red zone as the weighted index lost 2.97 points, reaching 432.02 points, the price index lost 45.3 points, ...

 Apr 21 2015 - SFDA Prohibits Poultry Meat from Two US StatesSaudi Press Agency
(MENAFN - Saudi Press Agency) Saudi Food and Drug Authority (SFDA) has temporarily banned the import of poultry meat, eggs and their products and outfits from Arkansas and Kansas of the United States ...

 Apr 21 2015 - Egypt's former president Mohamed Morsi sentenced to 20 years in prisonJordan News Agency
(MENAFN - Jordan News Agency) Former Egyptian president Mohammed Morsi was sentenced to 20 years in jail Tuesday, on charges relating to the deaths of protesters outside his palace three years ago.In ...

 Apr 21 2015 - RTA showcases initiatives supporting green economy in WETEX 2015Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Through its participation in the Water, Energy, Technology, and Environment Exhibition (WETEX), the Roads and Transport Authority (RTA) is promoting a raft of ...

 Apr 21 2015 - Ninth edition of UAE capital's leading real estate event returns with new features and highlights across 18,000sqm of exhibition spaceEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAMThe ninth edition of Cityscape Abu Dhabi has been officially inaugurated by HH Sheikh Hazza bin Zayed Al Nahyan, National Security Advisor and Vice Chairman of the ...

 Apr 21 2015 - DFM inaugurates Annual Stock Game for students to explore financial marketsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Dubai Financial Market, DFM, today inaugurated its Annual Stock Game with the participation of 5,723 students from schools and universities in the UAE and ...

 Apr 21 2015 - Kuwaiti Foreign Minister and his Moroccan counterpart discuss regional and international developmentsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Foreign Minister of Kuwait, Sheikh Sabah Al Khaled Al Hamad Al Sabah and his Moroccan counterpart Salaheddine Mezouar have discussed bilateral ties and a host of ...

 Apr 21 2015 - UN Security Council strongly condemns murder of Christians in LibyaEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) The UN Security Council has strongly condemned in a statement late Monday the "heinous" and "cowardly" apparent murder in Libya of over 30 Ethiopian ...

 Apr 21 2015 - Ban urges bold changes to aid action as states prepare for World Humanitarian SummitEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) Looking ahead to the World Humanitarian Summit in Istanbul next year, the United Nations Secretary-General today stressed how news stories were serving to compel ...

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

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