Israel to invest $6.13 mn in training Arabs for hi-tech sector

by IANS |

Jerusalem, Aug 11 (IANS) Israel has announced the investment of 20 million shekels ($6.13 million) to promote training programmes that will prepare the Arab population for Israel's high-tech sector.

The funds will be given in grants to Arab-Israeli companies to cover at most 70 per cent of their costs in developing innovative programmes and models that will help add skilled Arab human capital to the Israeli hi-tech industry, the Ministry of Economy and Industry said in a statement on Wednesday.

The grants will be awarded by the Ministry's Directorate General of Labor and the Israel Innovation Authority (IIA), it added.

The IIA and the Directorate thus called on corporations, associations and employers to help expand the access of Arab human capital to Israel's knowledge-rich industry, Xinhua news agency reported.

Israeli Arabs comprise nearly 21 per cent of the population in Israel, but the proportion of Arabs among all hi-tech workers only ranges from 2 to 3 per cent, according to the IIA.

Integrating Arab professionals into hi-tech meets both the needs for economic growth and the government's employment goals for 2030, it noted.

"The Arab society in Israel has great potential, and its integration into the Israeli economy in general, and hi-tech in particular, is the key to reducing social gaps and achieving sustainable economic growth," IIA CEO Dror Bin was quoted as saying.

Latest News
Reservation given earlier to Muslim community continued in Karnataka: CM Siddaramaiah Thu, Apr 25, 2024, 04:37 PM
Adani Group's ACC Limited logs highest-ever annualised PAT at Rs 2,337 crore in FY24 Thu, Apr 25, 2024, 04:34 PM
Indian rupee to appreciate to Rs 82–82.50 in FY25: CARE Ratings Thu, Apr 25, 2024, 04:33 PM
Commonwealth Secretariat recognises India's Public Redress System as global best practice Thu, Apr 25, 2024, 04:31 PM
Congress, SP playing divisive politics, says PM Modi in Agra Thu, Apr 25, 2024, 04:28 PM
Former Zimbabwe cricketer Guy Whittall injured by leopard Thu, Apr 25, 2024, 04:24 PM
'NWHL provides a platform for our top women's hockey talent to show their skills', says Bhola Nath Singh Thu, Apr 25, 2024, 03:54 PM
ICEA shares blueprint for India to become a global leader in chip value chain Thu, Apr 25, 2024, 03:53 PM
Nestle India’s net profit up 27 pc in Q4; to form a JV with Dr Reddy's Laboratories Thu, Apr 25, 2024, 03:53 PM
More minors being 'groomed' into making sexual videos amid toughened punishment: South Korea Thu, Apr 25, 2024, 03:52 PM
North Korea touts ties with Russia on Kim-Putin summit anniversary Thu, Apr 25, 2024, 03:51 PM
Constituency watch: TMC at advantage in minority-dominated Uluberia Thu, Apr 25, 2024, 03:50 PM
Constituency Watch: BJP, Congress and Kshatriya community in showdown at Gujarat's Surendranagar Thu, Apr 25, 2024, 03:49 PM
Cong candidate in Kerala suspects foul play as list of poll officials leaked, one suspended Thu, Apr 25, 2024, 03:48 PM
Congress tied hands of our soldiers, we gave them full freedom to retaliate: PM Modi Thu, Apr 25, 2024, 02:02 PM