Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Rising cost of living worries Arab youth the most  Join our daily free Newsletter

MENAFN - Khaleej Times - 09/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Arab youth survey reveals unemployment woes strong in non-gcc countries

Rising cost of living concerns over the state of the national economy and corruption in government and public life are the biggest challenges that the middle east is facing according to the youth in the region. the 6th annual arab youth survey which was commissioned by asda’a burson-marsteller reveals that youngsters in the region are confident in their national governments’ ability to deal with a wide range of issues.


Sunil john; joseph ghossoub chairman and ceo of menacom group; don baer; jeremy galbraith ceo of burson-marsteller europe middle east and africa; and jay leveton announcing the findings of the 6th annual arab youth survey in dubai on monday. — kt photo by juidin bernarrd


International polling firm penn schoen berland (psb) conducted the survey and about 3500 arab nationals aged between 18 and 24 in 16 countries in the middle east and north africa participated.


Rising costs


One of the key findings of the survey is that a growing number of the arab youth is embracing modern values while family friends and religion continue to shape their opinions and influence their lives.



Mohammed lauds ‘entrepreneurial spirit’


After the results of the 6th arab youth survey were released on monday his highness shaikh mohammed bin rashid al maktoum vice-president and prime minister of the uae and ruler of dubai lauded the “growing entrepreneurial spirit of the arab youth” in a series of tweets.


“glad to see the growing entrepreneurial spirit of the arab youth as 67 per cent feel they are more likely to start a business than previous generations. the survey covering 16 arab countries showed that the uae youth are the most optimistic. positivity has become an integral part of our identity.


“i have strong faith in the great potential of our arab youth and their ability to transform the future of this region one day” tweeted shaikh mohammed.


News?khaleejtimes.com



Interestingly arab youth cite the rising cost of living as their biggest concern as inflationary pressures rise across the region increasing the need for government stimulus. across the 16 countries polled more than three in five (63 per cent) are concerned about rising living costs.


Majeed kazim a student based in dubai told khaleej times in a twitter conversation: “this part of the survey makes sense. because things are politically unstable in the region state of financial affairs is a concern. i think youngsters find the uae very secure though.”


The survey pointed out that the youth are more concerned about the rising cost of living than they are about their national economy opportunities for women and the threat of terrorism.


Concern about unemployment is strongest in the non-gcc countries where governments are struggling to provide jobs for their growing populations with 55 per cent citing it as their biggest concern. though still igh at 39 per cent youth in the gulf are less concerned about this than their counterparts in the rest of the arab world.


Entrepreneurship over jobs


Following decades of reliance on the public sector for employment more youth are keen to start their own company with 67 per cent agreeing that people of this generation are more likely to start a business than in previous ones. the split is fairly equal across the arab world with 66 per cent from the gcc countries and 68 per cent from non-gcc countries.



Top 10 findings


> a growing number of arab youth is embracing modern values while family friends and religion continue to shape their opinions and influence their lives.


> youngsters are confident in their national 
governments’ ability to deal with a wide range of issues. confidence in the long-term impact of the arab spring 
is dropping.


> rising living costs and unemployment are the biggest concerns for youth across the middle east.


> arab youth believe that civil unrest is the biggest obstacle facing the region.


> entrepreneurial spirit is high and a growing number of young arabs would like to work in the private sector.


> the uae is the country that most arab youth would like to live in and is seen as a model for their country to emulate.


> arab youth consider their country’s biggest allies to be regional neighbours such as saudi arabia and the uae rather than traditional western countries.


> arab youth are increasingly concerned about obesity and lifestyle diseases and do not believe that healthcare in their country is improving.


> an overwhelming majority of young arabs believe they are entitled to subsidised energy costs while concern about climate change is low across the region.


> television is the most popular source of news for the sixth year running but a growing number of young arabs are turning to online and social networks to get their news



Don baer worldwide chair and ceo of burson-marsteller and chairman of pbs said: “the survey has the power to challenge stereotypes about an often misunderstood region and demographic. in volatile times the power of data must not be misunderstood.”


Methodology


Speaking about the methodology of the survey sunil john chief executive officer of asda’a burson-marsteller said: “the survey is extensive and each of the interviews with the 3500 respondents were held on a face-to-face basis.


“in the uae for example 40 per cent of the demographics came from abu dhabi and dubai and 20 per cent from sharjah. also 50 per cent of the respondents were male and the rest female.” only nationals of each country were interviewed; expatriate opinion was not taken.


Jay leveton the ceo of psb said: “we did not work with any university or technical colleges the members were randomly picked by the agencies across the 10 countries.”


Dhanusha?khaleejtimes.com




 


Khaleej Times




  MENA News Headlines
 Feb 14 2016 - UAE- Khalifa International Award for Date Palm and Agricultural Innovation announces award proclamation dateEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 14th February 2016 (WAM) -- The General Secretariat of the Khalifa International Award for Date Palm and Agricultural Innovation announced today ...

 Feb 14 2016 - Ministers of the future government take the oath before the UAE Prime MinisterEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 14th February 2016 (WAM) -- With the approval of President His Highness Sheikh Khalifa bin Zayed Al Nahyan the Ministers of the 12th Cabinet of the ...

 Feb 14 2016 - Dubai Health Authority hospitals and specialty centres receive more than one million patients in 2015Emirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 14th February 2016 (WAM) -- The Dubai Health Authority DHA announced today that its hospitals and specialty centres received more than one million ...

 Feb 14 2016 - UAE- President Khalifa calls on new ministers to work diligently and faithfully towards promoting march of developmentEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 14th February 2016 (WAM) -- President His Highness Sheikh Khalifa bin Zayed Al Nahyan has called on the ministers of the 12th Cabinet of the UAE ...

 Feb 14 2016 - UAE- President names Tahnoun bin Zayed as National Security AdvisorEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 14th February 2016 (WAM) -- President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a federal decree appointing H.H. Sheikh Tahnoun ...

 Feb 14 2016 - IHC hosts Humanitarian Project Management Course for emergencies in DubaiEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 14th February 2016 (WAM) -- The International Humanitarian City (IHC) has held a three-day Humanitarian Project Management Course for emergencies for ...

 Feb 14 2016 - Al-Shabaab claims responsibility for plane bombing in SomaliaSaudi Press Agency
(MENAFN - Saudi Press Agency) Al-Shabaab group has claimed responsibility for an explosion that ripped a hole in the side of a passenger plane in Somalia last week, killing only the bomber himself, ...

 Feb 14 2016 - Many juniors arrested in Bahrain for joining demonstrationsSaudi Press Agency
(MENAFN - Saudi Press Agency) Bahraini security forces have arrested a number of teenagers for taking part in chaos and subversion in some Bahraini villages.The Bahraini News Agency, which carried ...

 Feb 14 2016 - UAE- Huge volunteer turnout at 4th Waste Free Environment eventEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 14th February 2016 (WAM) -- An estimated 700 volunteers from 14 schools alongside community members came together for a day of educational activities ...

 Feb 14 2016 - UAE- Masdar Institute to feature research projects in food energy and waterEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 14th February 2016 (WAM) -- The Masdar Institute of Science and Technology an independent research-driven graduate-level university focused on ...

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