Over 50 per cent of UAE industry companies have said they are suffering a skills shortage in one or more key areas and over 90 per cent highlighted they are struggling to find the right candidates to fill those gaps.
That's according to the latest UAE Skills Gap Survey, published by the Institute of Engineering and Technology (IET)
In an exclusive interview with Dubai Eye 103.8's Business Breakfast the President of the IET, Julian Young, shared the findings of the report, which surveyed engineers or those working at a senior decision-making level within organisations that employ engineers.
Young said the situation is not unique to the UAE.
He went on to say there is no quick fix.
Young added that as the UAE moves towards a post-oil economy, the skills required are going to continue to evolve.
He underlined that as the economy diversifies, it's essential companies look to local talent.
Air Canada's fleet of hundreds of planes remained grounded on Monday morning after striking flight attendants refused a government-backed order to get back to work and called on the airline to return to the bargaining table.
The Gulf Cooperation Council (GCC) countries saw a slight decline in overall national income in 2023, but their non-oil economies continued to grow steadily, according to new data from the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat).
Air Canada's unionised flight attendants walked off the job early on Saturday morning after pay talks with the country's largest carrier stalled, in a move that is expected to disrupt travel plans for more than 100,000 passengers.
Dubai recorded a GDP of AED119.7 billion in the first three months of the year, marking a 4 per cent growth during the same period last year, driven by strong performances and expansion across various sectors.
Salik has posted AED 1.527 billion in revenue for the first half of the year, marking 39.5 per cent in growth driven by the introduction of variable pricing at the end of January and two new toll gates last November.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.