| The Young Arab Leaders (YAL) and opulent | | | | between the Arab and the European worlds. |
| carmaker DaimlerChrysler (DC) announced | | | | About The Arab European Internship Exchange |
| recently the partaking of 10 students from | | | | Initiated by Young Arab Leaders (YAL) and |
| various Arab countries in the Arab European | | | | DaimlerChrysler (DC), the Arab European |
| Internship Exchange and of the 20 professional | | | | Internship Exchange is an initiative by Young Arab |
| youths in the Top Talent programs. | | | | Leaders (YAL) and established to advocate good |
| Initiated by YAL and DC, the three to six month | | | | relationships between Arab students and |
| in-house internship program will bring together 10 | | | | managers from multinational companies based in |
| chosen students from the Arab world to | | | | Europe. It emphasizes on knowledge exchange in |
| Germany. This will be conducted so that they will | | | | areas of entrepreneurship, leadership development |
| be able to experience practical work as well as | | | | and education. |
| manage heterogeneity in the context of Arabian | | | | The YAL and the DC believes that students can |
| and European businesses. | | | | benefit largely from networking to help shape the |
| The 10 selected students, who are called | | | | future of their national economiesthrough |
| ‘interns’, will be given a particular insight | | | | intensifying relations between future junior |
| into sales, marketing, finance and controlling, | | | | managers from the Arab region and experienced |
| information technology, purchasing, logistics and | | | | European managers. |
| quality assurance. | | | | About Young Arab Leaders |
| The Chairman of the Young Arab Leaders, Saeed | | | | The Young Arab Leaders is a network of Arab |
| Al Muntafiq, said that the Arab European | | | | men and women who have experienced the |
| Internship Exchange program gives an opportunity | | | | power of action in their own lives, reached |
| to Arab students to experience and witness how | | | | different levels of success for their age, are |
| huge organizations operate in the international | | | | optimistic and can foresee a prosperous Arab |
| scene (markets). | | | | future despite today’s difficulties. They are |
| Meanwhile, the Top Talent program will be | | | | now in prominent positions of responsibility and |
| comprised of several key areas including | | | | are set for extraordinary achievement. They |
| management of cultures, market research, | | | | believe that their efforts and struggles today can |
| international business and production management | | | | affect their communities, countries and the region |
| of the industrial value chain. It has 2 modules. The | | | | as a whole. |
| first will be held in Stuttgart Germany and will be | | | | About DaimlerChrysler |
| followed by six month virtual team cooperation | | | | A German car corporation DaimlerChrysler AG is |
| between the Germany and Arab young | | | | the fifth largest car manufacturer in the world. |
| professionals. And the second module will be held | | | | DaimlerChrysler produces and supplies trucks and |
| in January 2008 at The American University in | | | | provides financial services through its |
| Dubai. | | | | DaimlerChrysler Financial Services arm. It also |
| Saeed Al Muntafiq added that the young | | | | owns a big time stake in aerospace group EADS. |
| professionals would comprehend how to manage | | | | The company was established in 1998 after |
| heterogeneity in different contexts and boost | | | | Daimler-Benz’s merging with Chrysler |
| reliable networks through intensive work on | | | | Corporation USA. It manufactures automobiles |
| common tasks. And this is because of the | | | | under the brands Dodge, Chrysler, Jeep, Smart, |
| intensive networking between future junior | | | | Maybach, GEM, and Mercedes-Benz. |
| managers from the Arab and European countries. | | | | DaimlerChrysler produces cars and trucks under |
| A member of the Board of Management of | | | | the brand names Chrysler, Dodge, Jeep, |
| DaimlerChrysler, Ruediger Grube, said that their | | | | Mercedes-Benz, Smart, Maybach, and GEM. The |
| company’s support with YAL depicts that | | | | company also provides parts and accessories that |
| DaimlerChrysler is fully dedicated to guide the | | | | are sold under the brand name Mopar. |
| development of the young generation in the Arab | | | | Eagle, maker of Eagle oxygen sensor, is among |
| Region. He added that the Internship Exchange | | | | its defunct marques. Other defunct brands include |
| Program and the Top Talent Camp are stepping | | | | Barreiros, Commer, DeSoto, Fargo, Hillman, |
| stones for the business sector to experience | | | | Humber, Imperial, Karrier, Plymouth, Simca, |
| global business challenges in the Arab European | | | | Sunbeam, Singer, and Valiant. |
| scenario and to further strengthen the relationship | | | | |