Mr. Al-Sumait stated that Global's participation at the conference stems from its strong belief of the importance of interacting with Kuwait's future generation, especially those studying abroad. He emphasized that this conference carries a noble message focusing on creating a nation.
He clarified that the current local market carries a number of opportunities in an array of economic sectors in par with the expansion of Kuwaiti investment companies. Global has a strategic plan in making the company attractive to the national workforce.
Al-Sumait mentioned that Global has certain standards that it uses in recruiting new employees. Employees must be university degree holders in related fields such as Management, Finance, Marketing, Accounting and Economics; as well as having bilingual language skills.
During his participation at the economic seminar held during the conference under the title "The Kuwaitization Policy after Nine Years of Implementation", Mr. Al-Sumait stressed that since its establishment ten years ago, Global continuously invests in its employees by offering them training courses such as advanced finance courses as well as sending them abroad to attend conferences and seminars".
He added:
"100 new employees joined Global in 2007. They underwent required training sessions to be able to work efficiently and professionally. Global employees totaled 451 in 2007, 377 of whom work in the company's headquarter in Kuwait."
Mr. Al-Sumait pointed out that Global continuously invests in its employees by offering them training courses such as advanced finance courses as well as sending them abroad to attend conferences and seminars. A large number of Global's employees have received the Chartered Financial Analyst (CFA) certificate as well as other certificates related to their careers in which Global highly supports and sponsors.
He said that the number of training days at Global attended by its employees reached 2700 days at the end of 2007.
He added that Global is in the process of investment and geographical expansion which entails raising the standards of employees as they are the company's most valuable assets, especially since Global is in the verge of a major turning point that requires recruiting new employees. She added that investing in our employees is a major factor in any development program.
Regarding the role that Global plays in attracting Kuwaiti employees, Mr. Al-Sumait stressed that the private sector in any country plays a vital role in employing national employees, as well as supporting and revitalizing the economy. The economies of the world's major countries depend on the activities of the private sector, to support national cadres.
He stressed that Global is considered to be one of the largest investment companies in the region, and has participated in the conference for the third consecutive time. It presented the students with the most important information and developments in the financial, educational and social arenas via seminars and debates presented by the conference's participants. Additionally, Global's participation contributes to making the private sector attractive through its participation in the joint programs with the union's job fair.
Mr. Al-Sumait concluded, "The international financial crisis will not continue for long and its effect on the recruitment process will be temporary, and recruitment will return to normalcy. At the end, survival is for the fittest."
Global presented souvenirs to the Kuwaiti students and attendees who came from different parts of the US to attend the event during its sponsorship of Nabil Shuail's concert.
It is worth mentioning that the NUK-US conference is considered to be an open arena for debates, discussions and exchange of ideas and opinions through debates and seminars revolving around an array of topics ranging from politics, economy, sports and education with the added value of the presence of important personalities along with recreational activities to add more interaction between the union and the students.
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