Latest news with #FutureofWorkForum
Filipino Times
13-02-2025
- Business
- Filipino Times
DMW joins global leaders in shaping future of work at World Governments Summit 2025
The Department of Migrant Workers (DMW), led by Secretary Hans Leo J. Cacdac, has brought the Philippines to the forefront of the global workforce agenda by participating in the Future of Work Forum during the 2025 World Governments Summit in Dubai. Aligned with the government's commitment, this effort seeks to create more opportunities for OFWs in the UAE while safeguarding their rights and welfare. 'DMW's participation in the summit is in line with President Ferdinand R. Marcos Jr.'s directive to strengthen bilateral labor relations in ensuring better opportunities and enhanced protection of the rights and welfare of Filipino migrant workers,' the agency said in a Facebook post. The forum, attended by global experts and policymakers, tackled key issues shaping the labor landscape, including workforce adaptability, economic shifts, wage governance, and the growing influence of artificial intelligence (AI) on labor markets.
Filipino Times
12-02-2025
- Business
- Filipino Times
DMW seeks more job opportunities for skilled Filipino workers in UAE
Department of Migrant Workers (DMW) Secretary Hans Leo J. Cacdac has announced on Wednesday, February 12, that the department is actively pursuing increased job opportunities for skilled Filipino professionals in the UAE, aiming to enhance their contributions to the country's workforce while ensuring their rights and welfare are protected. In a news release, Cacdac said: 'The DMW remains committed to ensuring that the OFWs are positioned to become valuable contributors to the global workforce while ensuring their protection and success abroad.' During the 'Future of Work Forum' at the World Governments Summit 2025, taking place in Dubai from February 11-14, His Excellency Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation and Acting Minister of Higher Education and Scientific Research, reiterated the UAE's goal of attracting top talent to drive innovation and support its ambitious development strategy. 'People are at the core of the UAE's development and growth strategy,' His Excellency was quoted as saying in a WAM report. 'The UAE is committed to leveraging all resources and capabilities to promote sustainable education, drive innovation, and attract top talent.' Get the latest news instantly on your phone — join The Filipino Times WhatsApp channel now! The World Governments Summit convenes global leaders, regional heads of state, and experts to discuss key trends across various sectors, further emphasizing the UAE's commitment to a robust labor force. In 2024, the DMW and the UAE renewed their bilateral agreement to ensure cooperation in employment opportunities and adherence to ethical standards in employment and worker protection, according to the DMW.
Hi Dubai
12-02-2025
- Business
- Hi Dubai
UAE Hosts Second Future of Work Forum at World Governments Summit 2025
The Ministry of Human Resources and Emiratisation (MoHRE) and the Ministry of Higher Education and Scientific Research, in partnership with the World Governments Summit Organisation, convened the second edition of the Future of Work Forum as part of the World Governments Summit 2025. The event brought together global policymakers, economic experts, and business leaders to explore the evolving dynamics of the labour market. The forum featured six key sessions addressing critical topics such as wage policy formulation, the impact of artificial intelligence (AI) on productivity and work patterns, and the role of academic institutions in bridging the skills gap. Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation and Acting Minister of Higher Education and Scientific Research, emphasized the forum's role in shaping a sustainable and innovation-driven future workforce. He highlighted the UAE's progressive labour policies, which have propelled private sector growth by 17% and workforce expansion by 12% by the end of 2024. He also noted the country's focus on digital transformation and economic diversification. Al Awar underscored key initiatives, including the Unemployment Insurance Scheme, expanded Wage Protection System (WPS), and enhanced visa programmes designed to attract global talent. He further highlighted the UAE's global ranking improvements, particularly in labour force participation, employment rates, and talent attraction. The sessions featured discussions on minimum wage legislation, economic trends, AI's role in labour markets, and future work models. Notably, experts explored the shift towards freelancing, flexible work arrangements, and the need for regulatory frameworks to ensure economic stability and social protection. The forum reinforced the UAE's commitment to a knowledge-based economy, with a 280% increase in accredited vocational institutes since 2019. Future collaborations with over 50 entities are expected to enhance employment opportunities, strengthening the link between education and labour market demands. The event concluded with insights on labour market flexibility and sustainable workforce strategies, solidifying the UAE's leadership in shaping the future of work on a global scale. News Source: Emirates News Agency
Emirates 24/7
12-02-2025
- Business
- Emirates 24/7
Future of Work Forum forecasts economic shifts, outlines AI opportunities, impact on labour market
The Ministry of Human Resources and Emiratisation (MoHRE) and the Ministry of Higher Education and Scientific Research, in collaboration with the World Governments Summit Organisation, organised the second edition of the Future of Work Forum, as part of the World Governments Summit 2025, with the attendance and participation of Ministers of Labour and Human Resources, policymakers, economic experts, and business leaders from various countries. The agenda featured six sessions where participants exchanged ideas and visions for shaping a future work environment driven by innovation and sustainability. Discussions covered various approaches to wage policy formulation, exploring their impact on growth and productivity, as well as the effects of artificial intelligence (AI) on productivity, work patterns, and economic trends. Participants also explored the role of academic institutions in supplying labour markets with skilled professionals, among other topics. In his opening remarks at the forum, Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation and Acting Minister of Higher Education and Scientific Research, stated that the Future of Work Forum serves as a vital platform within the World Governments Summit framework to analyse and anticipate major shifts in global labour markets amid rapid economic transformation and technological advancements. 'The forum enables participants to exchange experiences, address challenges, and explore promising opportunities to meet the future needs of labour market," he said. Dr. Al Awar offered an overview of UAE labour market policies and the preparations being made for the future, noting that the Emirates is guided by a bold vision centred on embracing digital breakthroughs and solutions, working at an accelerated pace, and establishing a diversified, knowledge-based and technology-driven economy, all in line with the forward-thinking directives of the UAE's leadership. The UAE's business environment is experiencing remarkable growth, HE Al Awar asserted, revealing that private sector establishments have recorded a 17% growth by the end of 2024, while the workforce grew by 12% and skilled labour by 13%. These developments were facilitated by the UAE's efforts to modernise labour regulations and create an empowering and secure work environment, he explained, citing key initiatives like the new visa programmes designed to attract global talent, as well as the enhanced social protection programmes, such as the Unemployment Insurance Scheme, Savings Scheme, expanded health insurance coverage to cover all categories of workers, and the expansion of the Wage Protection System (WPS) to include domestic workers. 'These initiatives reinforce the UAE's commitment to enhancing the wellbeing and quality of life of the diverse workforce living and working in the country, which includes a wide range of nationalities', HE Al Awar noted, adding that 'due to progressive labour policies and multi-stakeholder collaboration, the UAE labour market now ranks first globally in nine competitiveness indicators, including labour force participation, employment rate, talent attraction, and work flexibility'. 'People are at the core of the UAE's development and growth strategy,' her stated. 'The UAE is committed to leveraging all resources and capabilities to promote sustainable education, drive innovation and attract top talent. To achieve these goals, we have launched comprehensive initiatives in collaboration with the public and private sectors, including specialised training programmes, digital learning platforms focused on future skills and an ecosystem that supports innovation and entrepreneurship in this vital sector.' Dr. Al Awar highlighted the efforts of higher education institutions to bridge the skills gap and align educational output with labour market needs, which is a key priority in training and empowering generations of graduates with the knowledge and capabilities to contribute effectively to economic and social sectors. He noted that over the past five years, the number of accredited vocational education and training institutes has surged by 280%, increasing from 16 institutions in 2019 to 61 in 2024, reflecting ongoing efforts to develop academic programmes that better align with labour market demands. Dr. Al Awar further emphasised the Ministry of Higher Education and Scientific Research's commitment to fostering strong partnerships with both the public and private sectors, noting that these collaborations are expected to include more than 50 entities by 2025, notably expanding employment opportunities for graduates. He also highlighted that the UAE improved its global ranking from 12th in 2019 to seventh in 2023 on the Link Between the Education System and the Economy metric of the Global Talent Competitiveness Index by INSEAD, a key measure of how well education systems align with labour market needs. The Future of Work Forum featured six sessions that sought to forecast the future of labour, led by decision makers, researchers, and academic experts specialising in labour market dynamics. The first session focused on 'Minimum Wage Legislations and Their Economic Impact', organised in collaboration with the Executive Bureau of the Council of Ministers of Labour in the GCC, where participants presented pioneering experiences in that regard from the UAE, Qatar, Singapore, and Germany. Meanwhile, the second session, titled 'Economic Impacts and the Future of Wages: A View into the Labour Market', examined the impact of wage policies on business environment competitiveness and included a dynamic analysis of the interaction between inflation and wages. Next on the agenda, the forum hosted the third session titled 'Artificial Intelligence and Its Impact on Labour-Intensive Sectors', explored the role of AI and advanced technologies in shaping a more innovative and agile government framework focused on customers' needs. It also examined the future of various economic sectors amid rapid technological expansion and the growing need for businesses to adapt to these trends. The fourth session, titled 'The Future of Work Models and Frameworks of the Future', featured extensive discussions on how AI is reshaping labour markets, the increasing shift towards freelancing and part-time work over traditional employment, and the role of governments in regulating these emerging sectors. The discussion emphasised the importance of balancing economic flexibility with social protection. The programme continued with a fifth session, which addressed 'University Partnerships and Their Role in Building a Knowledge-Based Economy and Driving Sustainable Development', focusing on ways to enhance education and employment outcomes, in addition to strengthening collaboration between higher education institutions and the private sector to develop academic programmes and improve job opportunities for graduates. The session also discussed the importance of swift intervention from educational institutions in emerging sectors as a means to meet labour market demands. Finally, the sixth session of the Future of Work Forum featured a dialogue focusing on labour market flexibility. Follow Emirates 24|7 on Google News.
Zawya
12-02-2025
- Business
- Zawya
Future of Work Forum forecasts economic shifts, outlines AI opportunities, impact on labour market
DUBAI:The Ministry of Human Resources and Emiratisation (MoHRE) and the Ministry of Higher Education and Scientific Research, in collaboration with the World Governments Summit Organisation, organised the second edition of the Future of Work Forum, as part of the World Governments Summit 2025, with the attendance and participation of Ministers of Labour and Human Resources, policymakers, economic experts, and business leaders from various countries. The agenda featured six sessions where participants exchanged ideas and visions for shaping a future work environment driven by innovation and sustainability. Discussions covered various approaches to wage policy formulation, exploring their impact on growth and productivity, as well as the effects of artificial intelligence (AI) on productivity, work patterns, and economic trends. Participants also explored the role of academic institutions in supplying labour markets with skilled professionals, among other topics. In his opening remarks at the forum, Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation and Acting Minister of Higher Education and Scientific Research, stated that the Future of Work Forum serves as a vital platform within the World Governments Summit framework to analyse and anticipate major shifts in global labour markets amid rapid economic transformation and technological advancements. 'The forum enables participants to exchange experiences, address challenges, and explore promising opportunities to meet the future needs of labour market," he said. Dr. Al Awar offered an overview of UAE labour market policies and the preparations being made for the future, noting that the Emirates is guided by a bold vision centred on embracing digital breakthroughs and solutions, working at an accelerated pace, and establishing a diversified, knowledge-based and technology-driven economy, all in line with the forward-thinking directives of the UAE's leadership. The UAE's business environment is experiencing remarkable growth, HE Al Awar asserted, revealing that private sector establishments have recorded a 17% growth by the end of 2024, while the workforce grew by 12% and skilled labour by 13%. These developments were facilitated by the UAE's efforts to modernise labour regulations and create an empowering and secure work environment, he explained, citing key initiatives like the new visa programmes designed to attract global talent, as well as the enhanced social protection programmes, such as the Unemployment Insurance Scheme, Savings Scheme, expanded health insurance coverage to cover all categories of workers, and the expansion of the Wage Protection System (WPS) to include domestic workers. 'These initiatives reinforce the UAE's commitment to enhancing the wellbeing and quality of life of the diverse workforce living and working in the country, which includes a wide range of nationalities', HE Al Awar noted, adding that 'due to progressive labour policies and multi-stakeholder collaboration, the UAE labour market now ranks first globally in nine competitiveness indicators, including labour force participation, employment rate, talent attraction, and work flexibility'. 'People are at the core of the UAE's development and growth strategy,' her stated. 'The UAE is committed to leveraging all resources and capabilities to promote sustainable education, drive innovation and attract top talent. To achieve these goals, we have launched comprehensive initiatives in collaboration with the public and private sectors, including specialised training programmes, digital learning platforms focused on future skills and an ecosystem that supports innovation and entrepreneurship in this vital sector.' Dr. Al Awar highlighted the efforts of higher education institutions to bridge the skills gap and align educational output with labour market needs, which is a key priority in training and empowering generations of graduates with the knowledge and capabilities to contribute effectively to economic and social sectors. He noted that over the past five years, the number of accredited vocational education and training institutes has surged by 280%, increasing from 16 institutions in 2019 to 61 in 2024, reflecting ongoing efforts to develop academic programmes that better align with labour market demands. Dr. Al Awar further emphasised the Ministry of Higher Education and Scientific Research's commitment to fostering strong partnerships with both the public and private sectors, noting that these collaborations are expected to include more than 50 entities by 2025, notably expanding employment opportunities for graduates. He also highlighted that the UAE improved its global ranking from 12th in 2019 to seventh in 2023 on the Link Between the Education System and the Economy metric of the Global Talent Competitiveness Index by INSEAD, a key measure of how well education systems align with labour market needs. The Future of Work Forum featured six sessions that sought to forecast the future of labour, led by decision makers, researchers, and academic experts specialising in labour market dynamics. The first session focused on 'Minimum Wage Legislations and Their Economic Impact', organised in collaboration with the Executive Bureau of the Council of Ministers of Labour in the GCC, where participants presented pioneering experiences in that regard from the UAE, Qatar, Singapore, and Germany. Meanwhile, the second session, titled 'Economic Impacts and the Future of Wages: A View into the Labour Market', examined the impact of wage policies on business environment competitiveness and included a dynamic analysis of the interaction between inflation and wages. Next on the agenda, the forum hosted the third session titled 'Artificial Intelligence and Its Impact on Labour-Intensive Sectors', explored the role of AI and advanced technologies in shaping a more innovative and agile government framework focused on customers' needs. It also examined the future of various economic sectors amid rapid technological expansion and the growing need for businesses to adapt to these trends. The fourth session, titled 'The Future of Work Models and Frameworks of the Future', featured extensive discussions on how AI is reshaping labour markets, the increasing shift towards freelancing and part-time work over traditional employment, and the role of governments in regulating these emerging sectors. The discussion emphasised the importance of balancing economic flexibility with social protection. The programme continued with a fifth session, which addressed 'University Partnerships and Their Role in Building a Knowledge-Based Economy and Driving Sustainable Development', focusing on ways to enhance education and employment outcomes, in addition to strengthening collaboration between higher education institutions and the private sector to develop academic programmes and improve job opportunities for graduates. The session also discussed the importance of swift intervention from educational institutions in emerging sectors as a means to meet labour market demands. Finally, the sixth session of the Future of Work Forum featured a dialogue focusing on labour market flexibility.
