"It's not about waiting for that career fair to happen, waiting for these graduates to arrive [to] hire them," said Lubna Qassim, the director of the economic legislations department with the UAE Ministry of Economy. Antonie Robertson / The National
"It's not about waiting for that career fair to happen, waiting for these graduates to arrive [to] hire them," said Lubna Qassim, the director of the economic legislations department with the UAE MiniShow more

How to cash in on training



Unlike professional athletes and astronauts, accountants and treasurers do not exactly top the list of teenage dream jobs.

Yet educators and executives at training bodies within the Emirates and the UK believe the financial sector provides a high-potential but generally neglected job growth area - for UAE nationals. The challenge, they say, is convincing people at a young enough age the field is worth considering.

"It's not about waiting for that career fair to happen, waiting for these graduates to arrive [to] hire them," said Lubna Qassim, the director of the economic legislations department with the UAE Ministry of Economy. "Maybe we should target them when they're in school and tell them what's really important."

Other experts who joined Ms Qassim on a panel discussion on "training tomorrow's leaders" at the Dubai International Financial Centre this week shared similar views.

"You need to get back even earlier into the schooling system to show what a career in treasury looks like," says Matthew Hurn, the executive director of the treasury unit at Mubadala Development, a strategic investment company owned by the Abu Dhabi Government.

Selling the financial sector as an alluring field of choice is tough.

Clive Parritt, who is now the president of the Institute of Chartered Accountants in England and Wales (ICAEW), did not start his career in accounting. "I was an actor," he says. "But I was a pretty bad actor."

The push to consider jobs within the financial sector comes amid a high-profile business mission from the UK to the UAE this week. Before panellists spoke, David Wootton, the Lord Mayor of the City of London, emphasised the role universities and professional training bodies from the UK could play in growing the UAE's talent pool in areas such as accounting and financial regulation.

"The United Kingdom wants to support education, training and qualifications in the UAE as our collaboration will achieve mutually beneficial exchange of talent, ideas and capital," said Mr Wootton.

ICAEW now has 40 offices in the Emirates authorised to train students who want to become chartered accountants. About 400 students are being educated in this field today, including UAE nationals under a scholarship scheme, while 1,200 members are supported by the group across the Middle East.

More than 3,000 members fall under the Association of Corporate Treasurers (ACT) in the Middle East, although it was not that long ago when such organisations were rare within the region.

"When I moved to this part of the world four years ago [there] was the clear lack of any training, qualification or networking opportunity for those individuals who were involved, or employed, in the treasury and financial risk arena," says Mr Hurn who, in addition to his role at Mubadala, is the chairman of ACT Middle East.

Mentoring students who show interest in the financial field is helping to increase the pool of available talent. But companies should spend time selecting the right advisors, Ms Qassim warns.

"Identify the right people who can nurture.

"We are not all mentors."

twitter: Follow our breaking business news and retweet to your followers. Follow us

Kill%20Bill%20Volume%201
%3Cp%3E%3Cstrong%3EDirector%3C%2Fstrong%3E%3A%20Quentin%20Tarantino%3Cbr%3E%3Cstrong%3EStars%3C%2Fstrong%3E%3A%20Uma%20Thurman%2C%20David%20Carradine%20and%20Michael%20Madsen%3Cbr%3E%3Cstrong%3ERating%3C%2Fstrong%3E%3A%204.5%2F5%3C%2Fp%3E%0A
City's slump

L - Juventus, 2-0
D - C Palace, 2-2
W - N Forest, 3-0
L - Liverpool, 2-0
D - Feyenoord, 3-3
L - Tottenham, 4-0
L - Brighton, 2-1
L - Sporting, 4-1
L - Bournemouth, 2-1
L - Tottenham, 2-1

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, Leon.

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

88 Video's most popular rentals

Avengers 3: Infinity War: an American superhero film released in 2018 and based on the Marvel Comics story.  

Sholay: a 1975 Indian action-adventure film. It follows the adventures of two criminals hired by police to catch a vagabond. The film was panned on release but is now considered a classic.

Lucifer: is a 2019 Malayalam-language action film. It dives into the gritty world of Kerala’s politics and has become one of the highest-grossing Malayalam films of all time.

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

THE LIGHT

Director: Tom Tykwer

Starring: Tala Al Deen, Nicolette Krebitz, Lars Eidinger

Rating: 3/5

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

Abu Dhabi traffic facts

Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road

The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.

Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.

The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.

The highest levels of traffic were found on Sunday, November 10.

Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019

 

Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
  • Drones
  • Animals
  • Fireworks/ flares
  • Radios or power banks
  • Laser pointers
  • Glass
  • Selfie sticks/ umbrellas
  • Sharp objects
  • Political flags or banners
  • Bikes, skateboards or scooters