DUBAI // Financial sector employees who lose their jobs in the credit crunch should be given help to find another post or a place on a retraining programme to help the UAE avoid a brain drain, business leaders said yesterday.
The Dubai International Financial Centre (DIFC), the financial free zone in Dubai, said it would work with those who lost their jobs to secure a new role with another financial company, or place them in educational institutions on new resident visas until they can find a new full-time job.
“If you see what happened with the Lehman Brothers – by placing employees in other companies and supporting them you will see that talent and skill are an important factor in turning the situation around,” said Nasser al Saidi, the centre’s chief economist, on the sidelines of The World in 2009 executive forum in Dubai yesterday.
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