French President Emmanuel Macron urged chief executives to create jobs to strengthen society. AFP
French President Emmanuel Macron urged chief executives to create jobs to strengthen society. AFP
French President Emmanuel Macron urged chief executives to create jobs to strengthen society. AFP
French President Emmanuel Macron urged chief executives to create jobs to strengthen society. AFP

Business leaders at Davos urged to create jobs to ensure stability across Europe


Mina Al-Oraibi
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Political and economic issues, from the Gaza war to global monetary policy, continued to dominate the annual meeting of the World Economic Forum on Wednesday.

However, one theme that is central to political, economic and cultural developments worldwide is one of inclusion.

Ensuring people have jobs, and therefore economic and social inclusion, is not a new topic, but one that is facing fresh challenges, including the introduction of AI and recovering from the fallout of Covid-19.

Maximising growth and opportunities, increasing productivity and adopting AI are all elements under discussion. Addressing the Forum, French President Emmanuel Macron stressed stability relies on jobs.

“If we want stability … help us give Europe’s middle class hope. We need good, well-paid jobs,” he said, reminding the fully attended session on Wednesday evening: “It is not just a problem for political leaders but for business leaders too.”

Mr Macron urged business leaders to help create jobs, especially in sustainable sectors “to allow people to embrace the transformations” across industries, especially with digitisation and sustainability becoming greater factors.

Executives are not only thinking about job creation but also about how to organise their workforces - and ensure diversity and inclusion in those workforces.

In a session entitled ‘Diversity in Practice’, Lorenzo Simonelli, chief executive, president and chairman of energy technology company Baker Hughes, said diversity in a team is profitable but must be ensured in supply lines.

Anne-Laure Malauzat, a partner with Bain & Company and regional chief diversity, equity and inclusion officer, said that a recent study showed that inclusion matters for everyone.

“No more than 35 per cent of any demographic group of employees said they feel fully included at work,” she said, quoting the report.

That lack of inclusion - in work and often consequently in society - can lead to major instability and political disruption. The connection between the two, particularly in Europe and the rise of the far right, has been a point of discussion in several sessions and closed-door discussions.

Another challenge executives are dealing with is how employees can express views on political issues, including on Palestine and Israel while remaining true to their organisation’s values and mission.

In a closed-door event, one American participant told chief executives: “Remember, companies are not democracies, put limits where needed while listening to your teams.”

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LA LIGA FIXTURES

Thursday (All UAE kick-off times)

Sevilla v Real Betis (midnight)

Friday

Granada v Real Betis (9.30pm)

Valencia v Levante (midnight)

Saturday

Espanyol v Alaves (4pm)

Celta Vigo v Villarreal (7pm)

Leganes v Real Valladolid (9.30pm)

Mallorca v Barcelona (midnight)

Sunday

Atletic Bilbao v Atletico Madrid (4pm)

Real Madrid v Eibar (9.30pm)

Real Sociedad v Osasuna (midnight)

The Facility’s Versatility

Between the start of the 2020 IPL on September 20, and the end of the Pakistan Super League this coming Thursday, the Zayed Cricket Stadium has had an unprecedented amount of traffic.
Never before has a ground in this country – or perhaps anywhere in the world – had such a volume of major-match cricket.
And yet scoring has remained high, and Abu Dhabi has seen some classic encounters in every format of the game.
 
October 18, IPL, Kolkata Knight Riders tied with Sunrisers Hyderabad
The two playoff-chasing sides put on 163 apiece, before Kolkata went on to win the Super Over
 
January 8, ODI, UAE beat Ireland by six wickets
A century by CP Rizwan underpinned one of UAE’s greatest ever wins, as they chased 270 to win with an over to spare
 
February 6, T10, Northern Warriors beat Delhi Bulls by eight wickets
The final of the T10 was chiefly memorable for a ferocious over of fast bowling from Fidel Edwards to Nicholas Pooran
 
March 14, Test, Afghanistan beat Zimbabwe by six wickets
Eleven wickets for Rashid Khan, 1,305 runs scored in five days, and a last session finish
 
June 17, PSL, Islamabad United beat Peshawar Zalmi by 15 runs
Usman Khawaja scored a hundred as Islamabad posted the highest score ever by a Pakistan team in T20 cricket

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5

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Things Heard & Seen

Directed by: Shari Springer Berman, Robert Pulcini

Starring: Amanda Seyfried, James Norton

2/5

Countries recognising Palestine

France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra

 

The biog

Name: Atheja Ali Busaibah

Date of birth: 15 November, 1951

Favourite books: Ihsan Abdel Quddous books, such as “The Sun will Never Set”

Hobbies: Reading and writing poetry

Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
Rating: 4/5
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Tour de France 2017: Stage 5

Vittel - La Planche de Belles Filles, 160.5km

It is a shorter stage, but one that will lead to a brutal uphill finish. This is the third visit in six editions since it was introduced to the race in 2012. Reigning champion Chris Froome won that race.

Updated: January 18, 2024, 6:11 AM`