LinkedIn data records UAE economic growth
UAE is a thriving hub for business and industry according to LinkedIn’s UAE Economic Graph
Professional networking platform, LinkedIn, has provided insight into the UAE economy and how it is becoming a hub for business and strategy.
The UAE Economic Graph has been built on the data of the country's 3 million registered users of professionals, which found 60% of the UAE's workforce is employed by local companies. According to LinkedIn, it demonstrates the investment local companies in banking, aviation, telecommunications, and hospitality and retail sectors are supporting young UAE talent.
The research has also mapped the primary skill clusters for the future of innovation in the UAE. Robotics, data science, 3D printing and the Internet of Things are the core skills which the World Economic Forum classes as the main physical and digital drivers of the fourth industrial revolution. These skills are highly sought after in the UAE and big data certification adds an edge to job applicants' profiles. Currently, UAE is number 16 globally in having the highest number of 3D printing & design talent and 60% of 3D talent professionals work for local UAE companies.
Ali Matar, head of LinkedIn Talent Solutions, Growth Markets, Southern Europe, Middle East and North Africa, said: "The UAE Economic Graph represents the first Economic Graph to be launched in the Middle East and we plan on rolling out the digital map across the region. The findings from the UAE Economic Graph are positive indicators of local economic development and the confidence that UAE citizens have in the UAE as a hub for industry and business."
LinkedIn's collaboration with the Ministry of Education aims to equip students with the information they need to learn the skills of the future. The findings from the Economic Graph will aid students in deciding which qualifications they need in order to make them more employable. The data reveals that civil engineering, business management and computer science are the leading degrees for undergraduates in the UAE whilst industrial engineering, business management and computer science took the top spots for postgraduate students in the UAE. In nearly every industry tech skills are becoming a requirement.
HE Dr. Ahmad Belhoul, Minister of State for Higher Education Affairs, added: "I commend LinkedIn on the launch of its Economic Graph initiative in the UAE, which will help university graduates better understand professional opportunities available in the country and globally. Furthermore, the Economic Graph will be integral to shaping the higher education landscape in the UAE to ensure that our students are graduating with the skills they need for the jobs of the future."
The findings were released at LinkedIn's Dubai headquarters in partnership and the presence of HE Dr. Ahmad Belhoul, Minister of State for Higher Education Affairs and Her Excellency Dr. Aisha Bin Bishr Director General of the Smart Dubai Office.