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Federal Youth Authority launches the Young Economist Program

July 26, 2020  

Under the patronage of the Crown Prince and Chairman of The Executive Council of Dubai His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Federal Youth Authority has launched the Young Economist Program.

The Program aims to equip young UAE economists with the knowledge and skills needed to become future leaders in the field and jump-start their careers in economic organisations. It also seeks to produce a new generation of economists that can support the objectives of ‘2020: Towards the next 50’ and UAE Centennial 2071. The first edition of the Program will feature 50 participants.

On this occasion, the Crown Prince of Dubai said that young Emiratis are being prepared to shape the future of the country and help build its knowledge-based economy as part of the vision of transforming the UAE into a global economic hub and an incubator for entrepreneurship.

Sheikh Hamdan said: “We are living in a world marked with constant challenges and change. It is very important to engage the youth and equip them with the competencies needed to steer the future of our economy. Our youth have the ability to think outside the box and produce innovative ideas and solutions for modern challenges.”

His Highness said the UAE’s economic successes are inspiring countries around the globe. In a short period of time, the country has been able to join the ranks of the world’s leading economies. Noting that the UAE leads many global competitiveness indices, Sheikh Hamdan said it is our responsibility to build on our achievements and empower a new generation of Emirati economists to attain greater heights.

The Dubai Crown Prince called on all eligible Emirati youth to participate in the Young Economist Program, saying it is a promising opportunity to enhance their economic expertise by learning from the Program’s leaders and faculty.

The Young Economist Program has over 20 partners including local public and private sector organisations, and specialised global organisations.

To become eligible for joining the Program, the applicant must be between 21 and 35 years old, hold an undergraduate degree in economics or related fields and enjoy excellent command of Arabic and English.

The three-month Program includes over 60 training sessions, technical workshops, field visits and meetings with leading economic experts. The Program also gives participants opportunities to attend local and international conferences and access to a wide range of specialised books and reports in the field.

 

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