Competitive global talent market fuelling UAE's reforms: Dr Al Zeyoudi

Monday, 20 December 2021 08:48

By ARN News Staff

The UAE is working to attract the best talent to fulfill local requirements and attract foreign investment, as the country progressively announces sweeping new legal and professional reforms.

The comment came during an exclusive interview with Dr Thani Al Zeyoudi, the UAE Minister of State for Foreign Trade, on Dubai Eye 103.8's Business Breakfast.

Additionally, the UAE is home to numerous multinational companies that seek to recruit from the local talent market. Al Zeyoudi highlighted how the UAE must be able to provide the right ecosystem to aid its growth.

Recently announced changes to the work week that will align with the international standard, and laws that permit a younger workforce looking to gain real-time experience, are all part of a larger push towards the future of Dubai and the UAE into the next 50 years.

This development is however progressing in line with the future sectors, and those that the UAE deems a "priority sector" like agriculture-tech and space.

A strong professional growth rate and a highly accelerated knowledge sphere can cause individuals to explore options outside UAE that helped them reach that position.

Al Zeyoudi said the governing body is aware of this possibility and are tackling the situation by offering numerous career possibilities and growth prospects.

The full interview is available below:

Part 1:

Part 2:

More from Business

UK's Jaguar Land Rover to halt US shipments over tariffs

Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, as it considers how to mitigate the cost of President Donald Trump's 25% tariff, according to a report in the Times newspaper.
US starts collecting Trump's new 10% tariff

U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.
Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).