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2nd Middle East Waste and Environmental

Management Congress - Dead Sea
17-19 February, 2009

 

أخبار الشرق الأوسط الاقتصادية - Middle East Regional Economic News - 共發現

                         

 

Press Release

 

Young Arab Leaders (YAL), in Partnership with Business for Diplomatic Action, Launches the Second Arab American Business Fellowship Program

 

Leading GCC and American Corporations Support the Initiative

 

Dubai – October 21st, 2008: Young Arab Leaders (YAL), the region’s foremost development platform for business, public sector and civil society leaders, has partnered with Business for Diplomatic Action, America’s leading private-sector led public diplomacy initiative to organise the second Arab American Business Fellowship (AABF) program. The initiative is sponsored by Dow Chemical India, Middle East & Africa (IMEA) GmbH through its charitable arm, The Dow Chemical Company Foundation.

 

AABF is a partnership between the Young Arab Leaders (YAL), Business for Diplomatic Action (BDA), the US Centre for Citizen Diplomacy (USCCD), and the National US Arab Chamber of Commerce (NUSACC).

 

The AABF program is designed to foster mutual understanding and respect between Arab and American societies. The program aims to provide insights regarding the diverse regions of the world, which will ultimately help shape the future of the national economies of the United States and countries in the Arab world.

 

This year’s program is offering over 20 young Arab and American professionals the opportunity to gain exposure to the business practices, culture and way of life in the United States and Middle East respectively. The program will see young leaders visit various organizations, such as leading companies, schools, universities, non-profit organizations and the local media in both regions. Comprehensive programs have been created by each organization to allow for interaction and opportunities to share insights and experiences from a business and personal perspective.

 

The Fellowship was launched on October 4th, 2008, with 13 young Arab professionals travelling to the US for a 23-day orientation-visit to leading US-based corporations such as The Dow Chemical Company, Boeing, Microsoft, MidAmerican Energy, Siegel & Gale, McManus Foundation, Rudin Management and Bloomberg, among others.

 

Speaking at the start of AABF, Assem O. Kabesh, Chief Executive Officer, YAL, said, “AABF is a major program that YAL has initiated. The Fellowship provides young Arab and American leaders with a unique opportunity to learn more about diverse corporate practices and gain invaluable insight from companies in different business and cultural environments. I am confident that our partnership with Dow will substantially help us in making this initiative a concrete and sustainable program.”

 

John Dearborn, president, Dow Chemical IMEA GmbH, said “At Dow, our mission is to constantly improve what is essential to human progress. As the Middle East continues to emerge as a dynamic region, we are committed to working closely with organisations such as YAL to further support the development of the individuals and communities in which we operate. We are delighted to sponsor the AABF program, which will allow young Arabs and Americans to gain insights into the rich, diverse and evolving business environment and culture of the United States and the Arab world.”

“The world of business provides an ideal setting for building strong bridges of understanding between countries and cultures,” said Keith Reinhard, President of Business for Diplomatic Action.  “Business for Diplomatic Action is proud of its role in establishing the Arab & American Business Fellowship Program which allows Americans and Arabs to interact around best business practices, thus creating new bonds of friendship and cooperation.”

Through the AABF program, 9 young American professionals will also have a similar opportunity to experience the Arab business and cultural environment. The American Fellows started the program on October 9th, 2008 with a visit to Dow Chemical IMEA GmbH. TATWEER and Global Investment House in Kuwait will also host the American fellows while they are in the Middle East.

 

The Fellowship is part of YAL’s Leadership Development Program that aims at exposing Arab and American fellows to each other’s culture and business environment to foster mutual understanding and ongoing dialogue.

The Fellows for the program were identified by YAL through a careful screening process based on specific criteria. AABF is not an internship program for students or entry-level employees; instead, it is structured for high-potential executives from participating Arab and U.S. companies. The ideal candidate is an Arab living and working in the Middle East and North Africa (MENA) region or an American residing in the USA, between the age of 25 to 35 years, with at least 5 years working experience in an established career with a track record of excellence and achievements. Fellows chosen to participate in the Initiative should also show their commitment to returning home and contributing to the socio-economic development of their respective countries by leveraging the skills and knowledge acquired from the program.

---------------------------------------------------

 

About Young Arab Leaders (YAL):

The Young Arab Leaders is a network of Arab men and women who have seen the power of action in their own lives, reached unprecedented levels of success for their age, are positive and can see beyond today’s difficulties to that vision of a prosperous Arab future. These leaders are currently in prominent positions of responsibility and strive for extraordinary achievement. They believe that their efforts today can have an impact on their communities, countries and the region as a whole.  For more information, please visit: www.yaleaders.org

 

About Business for Diplomatic Action (BDA)

 

BDA is a private sector non-profit directed by pre-eminent communications, marketing, political science, global development and media professionals. The organization steers a collective of multinational companies in the development, sharing, and warehousing of ideas, insights, and guidance on communication and public diplomacy issues that U.S. businesses are uniquely positioned to address. For more about Business for Diplomatic Action, please visit: www.businessfordiplomaticaction.org and www.worldcitizensguide.org

 

About Dow:

With annual sales of $54 billion and 46,000 employees worldwide, Dow is a diversified chemical company that combines the power of science and technology with the "Human Element” to constantly improve what is essential to human progress. The Company delivers a broad range of products and services to customers in around 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. References to “Dow” or the “Company” mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com

About The Dow Chemical Company Foundation:

Established in 1979, The Dow Chemical Company Foundation serves Dow’s philanthropic needs by providing charitable gifts to eligible non-profit organizations in the communities where Dow operates that contribute to community success, support sustainability, foster science in society and stimulate innovation.

 

For further information on YAL, contact:

 

Amira Abdulla                                                         Upasna Swain

Director-Regional PR                                                               Communications Manager - YAL

Dubai International Financial Centre  
[T]   + 971 4 365 0537

Tel: +971 4 362 2433
[M]   +971 50 327 2518                

E-mail: amira.abdulla@difc.ae                                        
[E] upasna.swain@yaleaders.org

 

 

Rachid El Hassani

GolinHarris

[T]   + 971 4 332 3308 – ext. 204

[M]   +971 50 950 1525

[E]    relhassani@golinharris.ae


 





 

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