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.
ADNOC and Gecko Robotics have expanded their strategic partnership with three new agreements to explore deploying robotics and artificial intelligence (AI) across ADNOC’s operations and boosting future skills training for UAE nationals.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and Chairman of the Board of the Federal Tax Authority (FTA), chaired the latest FTA Board meeting, during which he reviewed development projects.
Al Marwan Developments has launched its pioneering project, “District 11”, the UAE’s first smart work resort designed using artificial intelligence, setting a new benchmark for urban innovation and economic vitality in Sharjah and the wider UAE.
ADNEC Group is set to demonstrate its international prowess by simultaneously hosting two of the world’s largest events at Excel London and ADNEC Centre Abu Dhabi from November 3-6.
The Emirates Lunar Mission’s Rashid Rover 2 has completed its development and testing in the UAE and is now on its way to the United States for launch preparations.
The UAE has expressed its solidarity with Afghanistan after a 6.3 magnitude earthquake struck Mazar-e Sharif city in the northern region, killing at least 20 people and leaving hundreds injured.
The UAE has offered its sincere condolences and solidarity with Kenya over landslides caused by heavy rainfall in the west of the country that resulted in the deaths of at least 26 people.