The UAE has been ranked in the top 25 countries for global talent in a new report by graduate business school Insead.
The Arab world's second-biggest economy also ranked second in the Middle East behind Israel in the 2022 Global Talent Competitiveness Index report, Insead said on Monday.
The annual benchmarking report measures how countries and cities attract, grow and retain talent. It covers 133 countries and 175 cities across all income groups and levels of development.
The UAE ranked 25th globally, while Switzerland, Singapore and Denmark are the most talent-competitive countries, the GTCI 2022 report said.
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Watch: some stats behind the UAE's hiring boom
The US ranked fourth, followed by Sweden, the Netherlands, Norway, Finland, Australia and the UK.
The ninth annual report was published in partnership with Portulans Institute and Singapore’s Human Capital Leadership Institute.
“Rich countries constitute most of the talent champions, and most talent laggards happen to be poor economies,” the report said.
“This correlation is not cast in stone: well-balanced and economically sound strategies can allow all types of economies to improve their abilities to grow, attract and retain talent.”
In recent years, the UAE has undertaken several economic, legal and social reforms to attract skilled workers.
The government’s overhaul of a number of visa programmes has boosted opportunities for foreign workers to live and work in the country. That includes a revamp of the 10-year golden visa to simplify eligibility criteria and expand the categories of beneficiaries.
The green visa was also introduced to provide five-year residency to skilled workers without needing a sponsor or employer.
The UAE also recently implemented a new unemployment insurance programme for federal government and private sector employees, to which all workers must subscribe from January 1, 2023.
It will pay Emiratis and residents in the private and public sectors a cash sum for a maximum of three months if they lose their jobs.
The GTCI rankings are measured by six pillars: enable, attract, grow, retain, vocational and technical skills, and global knowledge skills.
The UAE was particularly strong in the “attract” pillar, having the fourth-highest score after Luxembourg, Singapore and Switzerland. The report highlighted the country’s high level of external openness towards foreign talent, access to growth opportunities and lifelong learning possibilities.
The pillar with the most scope for improvement for the UAE was “retain”, in which the country ranked 51st.
Meanwhile, the GTCI report said that global economic uncertainty could have a “negative and sometimes irreversible impact” on the talent situation of poorer economies.
Even in higher-income economies, labour markets may become more fragmented and generate new types of inequalities, the research said.
New work trends, such as “quiet quitting” and younger generations’ propensity for gig and part-time jobs, are calling for new ways to grow, attract and retain talent, the research said.
“Government, business and talent are feeling the negative compounded effects of financial, food and energy shocks, particularly impacting the poor and emerging economies,” said Felipe Monteiro, co-author of the report, academic director of the GTCI and Insead senior affiliate professor of strategy.
“This will likely elevate the level of inequalities on the global talent scene and hinder the progress in achieving key sustainable development goal targets.”
Efforts are urgently required to reduce those talent inequalities that are the most likely to prevent the world from reaching specific SDGs, the report said.
This pertains to the SDGs on quality education, gender equality, decent work, economic growth and reduced inequalities, it said.
Swift action is urgently required to reduce talent inequalities, Mr Monteiro said.
Governments and organisations should champion economic and education reforms to allow young generations to contribute through higher levels of entrepreneurship, innovation and productivity, he said.
Cities can play a central role in reducing inequalities by adopting the right talent policies, the GTCI report said.
For the second consecutive year, San Francisco is the top-ranked city in the Global City Talent Competitiveness Index, followed by Boston and Zurich.
Seattle, Lausanne, Singapore, Geneva, Helsinki, Munich and Dublin round out the top 10 most competitive global cities for talent.
Abu Dhabi ranked 39th in the global city rankings, while Dubai ranked 46th.
The five pillars used to measure the rankings were: enable, attract, grow and retain talent, and global knowledge skills.
“In the global competition for talents, cities continue to move faster than most nation states,” Bruno Lanvin, co-author of the report, said.
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Top 15 companies to work for in the UAE, according to LinkedIn — in pictures
Gender inequalities call for “renewed and accelerated efforts”, as they have been broadening again since the onset of the Covid-19 pandemic, he said.
Providing girls with equal education opportunities and women with equal leadership opportunities is critically important to reduce inequality, Mr Lanvin said.
2020 Oscars winners: in numbers
- Parasite – 4
- 1917– 3
- Ford v Ferrari – 2
- Joker – 2
- Once Upon a Time ... in Hollywood – 2
- American Factory – 1
- Bombshell – 1
- Hair Love – 1
- Jojo Rabbit – 1
- Judy – 1
- Little Women – 1
- Learning to Skateboard in a Warzone (If You're a Girl) – 1
- Marriage Story – 1
- Rocketman – 1
- The Neighbors' Window – 1
- Toy Story 4 – 1
Takreem Awards winners 2021
Corporate Leadership: Carl Bistany (Lebanon)
Cultural Excellence: Hoor Al Qasimi (UAE)
Environmental Development and Sustainability: Bkerzay (Lebanon)
Environmental Development and Sustainability: Raya Ani (Iraq)
Humanitarian and Civic Services: Women’s Programs Association (Lebanon)
Humanitarian and Civic Services: Osamah Al Thini (Libya)
Excellence in Education: World Innovation Summit for Education (WISE) (Qatar)
Outstanding Arab Woman: Balghis Badri (Sudan)
Scientific and Technological Achievement: Mohamed Slim Alouini (KSA)
Young Entrepreneur: Omar Itani (Lebanon)
Lifetime Achievement: Suad Al Amiry (Palestine)
MATCH INFO
Uefa Champions League last-16, second leg:
Real Madrid 1 (Asensio 70'), Ajax 4 (Ziyech 7', Neres 18', Tadic 62', Schone 72')
Ajax win 5-3 on aggregate
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
The more serious side of specialty coffee
While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.
The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.
Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”
One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.
Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms.
Crops that could be introduced to the UAE
1: Quinoa
2. Bathua
3. Amaranth
4. Pearl and finger millet
5. Sorghum
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Expert advice
“Join in with a group like Cycle Safe Dubai or TrainYAS, where you’ll meet like-minded people and always have support on hand.”
Stewart Howison, co-founder of Cycle Safe Dubai and owner of Revolution Cycles
“When you sweat a lot, you lose a lot of salt and other electrolytes from your body. If your electrolytes drop enough, you will be at risk of cramping. To prevent salt deficiency, simply add an electrolyte mix to your water.”
Cornelia Gloor, head of RAK Hospital’s Rehabilitation and Physiotherapy Centre
“Don’t make the mistake of thinking you can ride as fast or as far during the summer as you do in cooler weather. The heat will make you expend more energy to maintain a speed that might normally be comfortable, so pace yourself when riding during the hotter parts of the day.”
Chandrashekar Nandi, physiotherapist at Burjeel Hospital in Dubai
Tu%20Jhoothi%20Main%20Makkaar%20
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ELuv%20Ranjan%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ERanbir%20Kapoor%2C%20Shraddha%20Kapoor%2C%20Anubhav%20Singh%20Bassi%20and%20Dimple%20Kapadia%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
2019 ASIA CUP POTS
Pot 1
UAE, Iran, Australia, Japan, South Korea, Saudi Arabia
Pot 2
China, Syria, Uzbekistan, Iraq, Qatar, Thailand
Pot 3
Kyrgyzstan, Lebanon, Palestine, Oman, India, Vietnam
Pot 4
North Korea, Philippines, Bahrain, Jordan, Yemen, Turkmenistan
Ruwais timeline
1971 Abu Dhabi National Oil Company established
1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants
1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed
1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.
1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex
2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea
2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd
2014 Ruwais 261-outlet shopping mall opens
2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies
2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export
2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.
2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery
2018 NMC Healthcare selected to manage operations of Ruwais Hospital
2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13
Source: The National
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
The%20specs
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