Shift in strategy required to satisfy GCC skills shortage

Despite dedicating an average of 20% of their national budgets to the education sector, the GCC labour force continues to be ill equipped to meet the economy’s needs, consequently extending their reliance on skilled foreign labour. Two reports have been released in the last six months, which focus on the education sector, and both blame local educational institutions for the calibre of GCC graduates being produced.

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Published on bq, August 11 2014

Chasing dreams of innovation

Many countries are positioning themselves as the preferred destination for innovation as the global emphasis on the knowledge economy gathers momentum. But the UAE’s recent successes suggest the Middle East could be the region to watch as oil rich countries shift their efforts towards creativity and away from a historical reliance on oil.

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Published in bq, August 6 2014

All eyes on the ball: Qatar analyses game technique as it looks to 2022

As the football world converges on Brazil for the 2014 FIFA World Cup, Qatar is keeping an eye on the South American nation. But while lessons from Brazil and South Africa will help inform its strategy, the organising committee is acutely aware that it faces a unique set of challenges as it prepares to be the 2022 host of the world’s largest sporting event.

Published in bq magazine, July 2014

Strife in the Arab world driving humanitarian assistance

Middle East countries are set to redefine the international humanitarian aid sector, and it isn’t just because their contributions to global funds are increasing.

In a time of falling government contributions from recession-weakened world leaders, Middle East countries top the list of highest contributions. The economies of Kuwait and Saudi Arabia have been ranked in the top 20 government contributors to international humanitarian assistance in 2013 with a contribution of USD 327 million and USD 109 million respectively, according to development initiative Global Humanitarian Assistance 2014 report.

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Published in bq, July 18 2014

US beauty industry rebuilding itself on the back of Middle East sales

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Her right hand poised at an angle, 33 year old Vaneesha Shroff traces her bottom eyelid with a black eye pencil. She glances in the mirror to confirm that the almond eyed look is complete and makes a mental note to pick up the new liquid liner that has just entered the Dubai market.

Vaneesha is a regular at her local cosmetics store. She typifies the UAE consumer: a person who annually spends Dh 60,000 (USD 16,000) on beauty products, according to a 2013 survey by dmg events Middle East, and who will drive sector sales to USD 1.1 billion in 2014, according to international research group Euromonitor.

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Published in bq, May 14 2014