AUBH students wrap up 2024–2025 summer internships
More than 80 students, representing various academic disciplines across AUBH's colleges, took part in summer Internships. The students were placed in several prominent organizations within the Kingdom of Bahrain, including Beyon, Al Salam Bank, Investcorp, SICO, ALBA, BAPCO, ALEASTUR, Tamkeen, Racing Force, NASS Corporation, the Economic Development Board (EDB) and many more.
Through the guidance of AUBH's Career Center, internship placements were thoughtfully aligned with the students' fields of study, which included computer science, finance, management, industrial engineering, mechanical engineering, multimedia and more. This alignment allowed students to gain valuable hands-on experience relevant to their academic and professional goals, enhancing their readiness for future employment opportunities and enabling them to build foundational skills for long-term career growth.
Dr. Wafa Almansoori, Interim President and Provost at the American University of Bahrain, affirmed that the internship program reflects AUBH's commitment to preparing graduates for the labor market by placing them in training environments aligned with international standards, where they gain practical experience that enhances their efficiency and competitiveness.
Dr. Almansoori said, 'We truly value the collaboration with our public and private sector partners that welcomed our students and played a key role in enriching their experience. Their support reflects a shared commitment to nurturing national talent and empowering the next generation of professionals.'
Dr. Almansoori further noted that the initiative is part of the University's social responsibility, aiming to transform students into active participants in the workforce, capable of innovation, adaptation, and applying their academic knowledge in real-world contexts, demonstrating the quality and relevance of the education AUBH provides.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Emirates 24/7
35 minutes ago
- Emirates 24/7
UAE ranks 16th globally in ‘Government Support Index' in IMD World Competitiveness Yearbook 2025
The United Arab Emirates has achieved another landmark milestone in its record of global leadership, advancing to 16th place worldwide in the 2025 Government Support Index, one of the key indicators featured in the International Institute for Management Development's (IMD) World Competitiveness Yearbook. This marks a remarkable jump of 27 positions from its 43rd place in 2024. The Government Support Index measures the value of government support as a percentage of gross domestic product (GDP) and serves as a benchmark for the efficiency of public financial resource management, as well as a country's ability to stimulate economic growth through well-targeted and effective public spending policies. The Ministry of Finance affirmed that the UAE's rise to 16th place globally reflects the efficiency of the nation's fiscal policies and the concerted efforts to enhance the effectiveness of public expenditure. This progress has been achieved through an integrated framework of collaboration between the federal government and local financial departments to advance financial analysis tools and optimise resource allocation. The Ministry further noted that it is continuing to strengthen the country's standing in the Government Support Index by improving the quality of financial data and promoting sustainability and fiscal balance practices, in line with the UAE's vision to enhance global competitiveness and achieve the Sustainable Development Goals, in close coordination with local finance departments. The Ministry explained that this achievement demonstrates the increasing trust of international institutions in the UAE's public financial governance framework. It underscores the country's commitment to sustainability across sectors through the development of precise statistical financial reports that accurately reflect the scale and scope of government support, thereby enabling sound, evidence-based fiscal decision-making. The Ministry stressed that it attaches great importance to strengthening fiscal transparency and developing the statistical data infrastructure, highlighting that enhancing data reliability and improving the level of financial disclosure are fundamental pillars in shaping public policy. These efforts reflect the UAE's adherence to the highest standards of financial governance, supporting economic stability and boosting its capacity to respond to global developments with agility and efficiency. The Ministry concluded, 'We aspire to rank among the world's top ten in the Government Support Index by 2026, guided by the vision of our wise leadership and the dedication of our national teams. We will continue to embed a results-driven approach based on effective public spending and financial sustainability to drive the nation's growth.' According to the IMD World Competitiveness Yearbook 2025, the United Arab Emirates ranked among the world's top ten countries in several competitiveness indicators, reflecting the nation's advanced financial performance. The UAE secured first place globally in both venture capital and collected personal income tax as a percentage of GDP. It ranked second in corporate profit tax rate, third in government budget surplus/deficit (US$ billion), and fourth in both decline in collected indirect tax revenues and decline in consumption tax rate. The country also placed fifth in taxes collected on capital and property, sixth in public finance, seventh globally and first regionally in general government expenditure as a percentage of GDP, and ninth globally in real growth of government consumption expenditure. These achievements underscore the UAE's global competitiveness, reaffirm its commitment to fostering a sustainable economic environment, and highlight its ability to adapt to challenges and respond to global economic shifts—further strengthening its position as a leading global economic hub. As part of its national strategy, the Ministry of Finance is working to develop and enhance financial data collection tools through advanced institutional information systems, while strengthening coordination between the federal government and local finance departments. These initiatives aim to improve financial performance indicators and deliver tangible impact on the quality and developmental role of public spending.
The National
42 minutes ago
- The National
Why are pink diamonds so rare and valuable?
Dubai Police's recent foiling of a heist has once again cast the spotlight on pink diamonds, considered among the rarest and most sought-after gems in the world. The force on Monday said they arrested a gang that had been plotting to steal a 21-carat rare pink diamond worth $25 million from a jeweller and smuggle it out of the UAE. The elaborate year-long scheme involved identifying the diamond's owner and tricking him into moving the precious stone out of his secure shop, allowing them to steal it. Teams from Dubai CID were able to track the three suspects, arrest them and recover the diamond within eight hours of the theft before it left the country. Pink diamonds owe their colour to extreme pressure during formation, which distorts their structure and makes light reflect in shades of pink. They are the rarest of the precious gems and the most in-demand on the global market, fetching record prices at auctions. Five of the 10 most expensive diamonds ever sold have been pink, according to auction house Sotheby's, with all sold within the past decade. Dubai Police did not identify the owner of the recovered pink diamond, but said the stone was among the rarest in the world, with only a 0.01 per cent chance of finding another like it. Vikram Jethwani, co-founder of VikJet Fine Jewelry and 818 Vault, told The National that collectors see pink diamonds 'as both emotional treasures and irreplaceable assets' due to their rarity. 'A $25 million pink diamond could command even higher bids in Dubai, where scarcity and investor appetite drive values upwards. Additionally, auction houses often push such gems beyond estimates,' he says. Buyers of such rare stones are in 'the global 0.01 per cent of ultra high net worth individuals, royals and seasoned collectors,' he explains. 'They view pink diamonds as the ultimate blend of status and beauty.' According Mehul Pethani, of Cara Jewellers in Dubai, pink diamonds can range in price from tens of thousands to millions of dollars per carat, depending on the intensity and quality of the colour. 'The UAE's affluent market and appreciation for high-end jewellery contribute to their popularity,' says the jeweller. 'In fact, some of the world's most renowned jewellers and luxury brands, who call the UAE home, often feature pink diamonds in their collections. 'Only few pink diamonds exist in the world and only few mines produce them, that's why they are so much more expensive than white diamonds.' Jethwani adds: 'Demand has only grown since the closure of Australia's Argyle mine in 2020, which was the world's main source – 90 per cent of pink diamonds globally were sourced from there.' Beyond the UAE, the wider Middle East is 'a trend-leader in pink diamonds,' according to Jeremy Morris, the chief executive and creative director of London-based jeweller David Morris. 'These gemstones are, of course, pretty and extremely collectible, but I believe their popularity among the jewellery connoisseurs of the Middle East owes more to the gemstone's elegance and individuality,' he told The National in an earlier interview. 'For me they are absolutely timeless, while possessing a playfulness that as a jewellery designer is a joy to work with, and offers a unique beauty that captivates our clients.' One of the most expensive pink diamonds to recently go on sale was an 'ultra-rare' gemstone weighing 10.57 carats. Named Eternal Pink, the diamond, which was discovered at a mine in Botswana, was displayed in Dubai by Sotheby's before it fetched $34.8 million at an auction in New York.
Khaleej Times
42 minutes ago
- Khaleej Times
Big-ticket events set the stage for tourism growth in the Middle East
'Big-ticket' events are playing a pivotal role in driving international tourism and accelerating economic growth, experts say. In the GCC alone, the event and exhibition market is expected to reach $827 million by 2029, growing at a CAGR of 3.94 per cent, studies show. Following the global success of mega-events such as the FIFA World Cup Qatar 2022 and Expo 2020 Dubai, momentum is building across the region as Saudi Arabia prepares to host the 2034 World Cup. 'Big-ticket events provide a destination with an opportunity to establish brand positioning and exposure in a competitive global environment. These events play a vital role in supporting broader government objectives, but it is essential to invest in the right product for your destination,' Khalid Jassim Al Midfa, Chairman, Sharjah Commerce and Tourism Development Authority, said at a recent panel discussion Sebastien Doussin, Senior Vice President - Global Travel Services & Destination Management, dnata, reaffirmed the importance of large-scale events in destination positioning, referencing the growth of the Abu Dhabi Grand Prix, the surge of international golfing tournaments throughout the UAE and the launch of NBA events in the capital. Commenting on the impact of technology on events, Doussin said: 'Technology has already changed big-ticket events, especially in terms of distribution and customer experience. All of the ticketing for the FIFA World Cup in Qatar was completely digital through the official event app, offering flexibility and ease of use. Ultimately, technology enables an event to become more seamless, easier and enjoyable.' Noor Ahmad Hamid, CEO, Pacific Asia Travel Association (Pata), urged the industry to broaden the definition of big-ticket events to include exhibitions, conferences and cultural performances. He referenced Bangkok's weekly concerts, which are mainly K-pop driven, as examples of how live entertainment extends tourist stays. The recent ATM Travel Trends report highlights the rising appeal of live entertainment and sports in influencing travel decisions. Leisure events were outlined as the top opportunity for tourism growth among 50 per cent of industry experts, as consumer demand for in-person and cultural experiences has increased significantly in recent years. The trend of combining traditional leisure and business travel, or 'bleisure', has also accelerated as increased remote working and flexible working visas have enabled more people to live and work overseas. Building on this, business travellers are often extending their stays in destinations, creating a new opportunity in this rapidly expanding sector. The report also highlighted that business events (MICE) are emerging as a significant driver of tourism growth across the Middle East, complementing the region's thriving leisure sector. Global business travel reached a record $1.4 trillion in 2024 and is projected to rise to $2 trillion by 2030. The Middle East is well-positioned to capture a growing share of this lucrative market, increasing from approximately 2.5 per cent in 2024 to over 3 per cent by the end of the decade, supported by world-class infrastructure, a strategic location, and an expanding schedule of high-profile events. Danielle Curtis, Exhibition Director ME, Arabian Travel Market, said: 'As big-ticket events continue to gain global prominence, their role in shaping the future of tourism, driving economic diversification and enhancing international reputation has never been more evident. The Middle East, with its strategic vision, world-class infrastructure and focus on innovation, is well-positioned to lead the next era of global event tourism.'
