Attracting the best global talent is key to the ongoing business success of the UAE
An international ranking of global talent has identified the UAE as the world’s fourth-best country for attracting global talent.
The report, created by the international business school Insead, shows how countries attract and retain talent.
Ranked on its ability to attract talent the UAE comes behind only Luxembourg, Singapore and Switzerland and is the highest in the Middle East.
“The key asset of the United Arab Emirates is its ability to attract talent,” the report said.
“Of particular note is its high level of external openness towards foreign talent. The country also ranks in the top 10 in the sub-pillar access to growth opportunities and has good lifelong learning possibilities”.
While ranking near the very top of the list solely on its ability to attract the best global talent, the UAE fell somewhat in the overall rankings.
When factors such as talent retention and talent growth are factored in the UAE is listed as the 25th most talent-competitive country out of the 133 in the index.
The highest performer in the GCC is listed ahead of Qatar (38th), Saudi Arabia (44th), Bahrain (49th) and Oman (60th).
Overall Switzerland, Singapore and Denmark were seen as the most talent-competitive countries in 2022.
The US followed just behind, with Sweden, The Netherlands, Norway, Finland, Australia and the UK rounding out the top 10.
The GTCI report is published annually by INSEAD, the Business School for the World, in collaboration with Portulans Institute (an independent non-profit, non-partisan research and educational institute based in Washington DC) and with our Knowledge Partner the Human Capital Leadership Institute (HCLI, a center of excellence that facilitates the acceleration of leadership development and strategic human capital management capabilities in Asia).
This week it was reported that talent could be attracted to the UAE as tech firms such as Twitter are conducting mass layoffs amid difficult economic circumstances.
Source: Gulf Business
