Saturday 25 October 2014

Tamkeen-BisB sign enterprise financing deal

Bahrain’s labour fund Tamkeen and the Bahrain Islamic Bank (BisB) have signed an deal to increase their enterprise financing portfolio by BD10 million ($26.3 million) as part of the Enterprise Financing Scheme. Tamkeen is offering the scheme in partnership with various bank


ADSF to organise event with focus on local content

The fourth edition of the Abu Dhabi Science Festival (ADSF), to be held next month, will host locally-inspired activities, adding some extra appeal to the region’s largest celebration of science, technology and innovation. The event will be held under the patronage of H.H.


GCC upbeat on hiring, but young talent ‘a concern’

GCC employers looking to hire hundreds of thousands of new recruits in the next 12 months are also projecting an average 9 per cent increase in salaries, but a new study says they face a major challenge with young talent. The first Mena Labour Market Confidence Index reveals that


75pc employees ‘are not committed to their work’

Nearly 75 per cent of employees worldwide are not actively engaged in their work and their organisation, according to a new research. Despite this statistic, private and public sector organisations across the global have recognised that fully engaged employees are crucial in an i


Unesco IITE board appoints new head

The governing board of the Unesco Institute for Information Technologies in Education (IITE) has appointed Dr Mansoor Al Awar, chancellor of the Hamdan Bin Mohammed Smart University (HBMSU), as its head. The appointment will help bolster UAE's efforts to be at the forefront o


Govt jobs ‘most preferred by Emirati professionals’

The majority of Emirati professionals prefer the government as employer, followed by military, defence and police services, oil, gas and petrochemicals and banking and finance, a report said. The majority (55 per cent) of Emirati professionals prefer the government as an favoured


Top speakers to attend the HR Summit in Dubai

British Paralympic triathlon champion Karen Darke and Marshall Goldsmith, one of the 15 most influential business speakers in the world as recognised by Forbes magazine, will address hundreds of human resources professionals from the Middle East at the bi-annual global study tomorrow (October 2


Four Seasons Bahrain plans recruitment drive

The new Four Seasons Hotel Bahrain Bay is gearing up for its largest Bahrain-based recruitment drive from October 26 to 28. The 68-storey property due to open its doors in the kingdom’s capital Manama shortly. The mass recruitment drive, to be held at Sheraton Hotel, is


ME firms finding it tough to recruit, retain top talent

Organisations in the Middle East are facing greater challenges than employers elsewhere in the world with 70 per cent of the firms admitting difficulty in attracting and retaining critical skill and high potential employees, a report said. Seventy-five per cent of Middle East emp


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