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

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.

by Maria Thomas

Updated Aug 11, 2022

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

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.

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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.

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"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.

August 11, 2022 Other Jerusalem

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by FreshersLIVE.Publisher : IANS-Media

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

August 11, 2022 Other Jerusalem

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