Press release:
22,000 jobs needed per day to combat the high unemployment rate in
the Arab world -
MIT AAA
conference to address employment and innovation in the region
06 January
2013
The MIT
Arab Alumni Association (MIT AAA), with the lead sponsorship of Sadara Chemical
Company and its parent companies, the Dow Chemical Company and Saudi Aramco, is
convening world and regional industry leaders this month in Dubai to address
the future of manufacturing and economic development in the Arab world. The 7th
MIT Pan-Arab Conference: Manufacturing for Jobs, Growth and Diversification
will be held at the Westin Dubai Mina Seyahi on January 19-20, 2013.
According to a recent IMF
study, the Arab world must add 22,000 new jobs per day until 2020 and manufacturing is a key sector
which can accelerate the growth and development needed to tackle this
challenge.
Regional
and global leaders speaking at the 7th MIT Pan-Arab Conference
include:
1.
His Excellency Dr. Tawfiq Al-Rabiah, Minister of Commerce and
Industry, Saudi Arabia
2.
His Excellency Abdullatif Al-Othman, Governor, Saudi Arabian
General Investment Authority
3.
His Excellency Ahmed Chami, Former Minister of Industry, Trade,
and New Technologies, Morocco
4.
Mohamed Al-Mady, Vice Chairman and CEO, SABIC
5.
Jim McIlvenny, Senior Vice President,
The Dow Chemical Company
6.
John Rice, Vice Chairman, GE and President and CEO, GE Global
Growth and Operations
7.
Homoon Kang, Vice Chairman, Samsung Electronics
8.
David Steel, Senior Vice President, Samsung Electronics
9.
Motassim Al-Maashouq, Vice President, Saudi Aramco
10.
Martin A. Schmidt, Associate Provost and Professor of Electrical
Engineering, MIT
11.
Joe Saddi, Chairman, Booz & Company
12.
Amer Majali, Chief Commissioner, Development and Free Zones
Commission, Jordan
13.
Azzam Shalabi, President, National Industrial Clusters Development
Program, Saudi Arabia
14.
Ahmed Yahia Al-Idrissi, Executive Director, Mubadala Industry
15.
Professor Fred Moavenzadeh, President, Masdar Institute of Science
and Technology
16.
Professor Stefan Catsicas, Provost and Executive Vice President,
King Abdullah University of Science and Technology
17.
Ziad Al-Labban, CEO, Sadara Chemical Company
18.
Gassan Al Kibsi, Director, McKinsey & Company
19.
Dr. Hani Shammah, Head of Private Equity, National Bank of Abu
Dhabi
20.
Nader H. Sultan, Senior Partner at F+N Consultancy and Former CEO,
Kuwait Petroleum Corporation
21.
Zuhair Allawi, President, Dow Saudi Arabia
22.
Badr Al-Olama, CEO, Strata Manufacturing
23.
Abdulrahman Al-Ubaid, Founder and Managing Director, Saudi
Development and Innovation Group
Topics addressed at the two-day
conference will include institutional, regulatory, and macroeconomic issues
pertaining to manufacturing; education, training and innovation in
manufacturing and their impact on employment, entrepreneurship and investment
opportunities; plus models for a globally competitive Arab manufacturing
sector.
Conference delegates will include senior government and
industry leaders from the Middle East, Europe, Asia and North America, MIT
faculty, students and alumni, as well as regional business leaders and
professionals. Registration is still open at http://www.mitpanarabconf.org/
-ends-
About MIT Arab
Alumni Association:
The MIT Arab Alumni
Association (MIT AAA) was established in order to bring MIT to the Arab World
and to bring the Arab World to MIT. MIT AAA’s vision is to promote the highest
interests of humanity, to support science and technology education in the
region, and to facilitate education of the diverse MIT community in the region.
Since its inception in
the late 1990s, MIT AAA has pioneered and developed a regional conference model
for which it received the MIT Presidential citation. These high profile
regional conferences bring together the MIT community from Cambridge, as well
as alumni/ae and prominent leaders in the Arab region to the different
countries in which the conferences take place: Cairo (2000), Amman (2001),
Beirut (2002), Dubai (2003), Tunis (2004) and Abu Dhabi (2009) have been recent
venues.
For more information kindly contact:
Rabih Riman
PR Manager, entourage
Mobile: +971 55 414 929 6
Email: rriman@entourageintl.com
Website: www.entourageintl.com
We have all read stories in which people from a sinking ship reach an island and have to learn to do for themselves. In a real sense Saudi Arabia is an island but what they need to do is learn to rely on their own labor not that of imported foreigners (except for those few real skills that only foreigners can do such as teach English or any other foreign language). At this point it might make sense for Saudi Arabia to go cold turkey and stop importing foreigners. Of course that would mean minimum wage laws and job safety regulations. It would make work a bit more expensive, but unless you really kick the foreign labor habit you are only going to add cost to Saudi society without fixing things. If all the foreigners vanished the real work would have to be done by locals, and some of it would get done (unless Saudis are a lazy as foreigners think they are).
ReplyDeleteThis blog post is about saudi and its different cities blogger share different pictures of different cities and events to describe the saudi culture and cities and about saudi peoples and festivals.urdu news update is also having international updates in urdu.
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