Arab Youth Leaders, DaimlerChrysler Launch the ’07 Arab European Internship Exchange

The Young Arab Leaders (YAL) and opulent carmaker DaimlerChrysler (DC) announced recently the partaking of 10 students from various Arab countries in the Arab European Internship Exchange and of the 20 professional youths in the Top Talent programs.

Initiated by YAL and DC, the three to six month in-house internship program will bring together 10 chosen students from the Arab world to Germany. This will be conducted so that they will be able to experience practical work as well as manage heterogeneity in the context of Arabian and European businesses.

The 10 selected students, who are called ‘interns’, will be given a particular insight into sales, marketing, finance and controlling, information technology, purchasing, logistics and quality assurance.

The Chairman of the Young Arab Leaders, Saeed Al Muntafiq, said that the Arab European Internship Exchange program gives an opportunity to Arab students to experience and witness how huge organizations operate in the international scene (markets).

Meanwhile, the Top Talent program will be comprised of several key areas including management of cultures, market research, international business and production management of the industrial value chain. It has 2 modules. The first will be held in Stuttgart Germany and will be followed by six month virtual team cooperation between the Germany and Arab young professionals. And the second module will be held in January 2008 at The American University in Dubai.

Saeed Al Muntafiq added that the young professionals would comprehend how to manage heterogeneity in different contexts and boost reliable networks through intensive work on common tasks. And this is because of the intensive networking between future junior managers from the Arab and European countries.

A member of the Board of Management of DaimlerChrysler, Ruediger Grube, said that their company’s support with YAL depicts that DaimlerChrysler is fully dedicated to guide the development of the young generation in the Arab Region. He added that the Internship Exchange Program and the Top Talent Camp are stepping stones for the business sector to experience global business challenges in the Arab European scenario and to further strengthen the relationship between the Arab and the European worlds.

About The Arab European Internship Exchange

Initiated by Young Arab Leaders (YAL) and DaimlerChrysler (DC), the Arab European Internship Exchange is an initiative by Young Arab Leaders (YAL) and established to advocate good relationships between Arab students and managers from multinational companies based in Europe. It emphasizes on knowledge exchange in areas of entrepreneurship, leadership development and education.

The YAL and the DC believes that students can benefit largely from networking to help shape the future of their national economies
through intensifying relations between future junior managers from the Arab region and experienced European managers.

About Young Arab Leaders

The Young Arab Leaders is a network of Arab men and women who have experienced the power of action in their own lives, reached different levels of success for their age, are optimistic and can foresee a prosperous Arab future despite today’s difficulties. They are now in prominent positions of responsibility and are set for extraordinary achievement. They believe that their efforts and struggles today can affect their communities, countries and the region as a whole.

About DaimlerChrysler

A German car corporation DaimlerChrysler AG is the fifth largest car manufacturer in the world. DaimlerChrysler produces and supplies trucks and provides financial services through its DaimlerChrysler Financial Services arm. It also owns a big time stake in aerospace group EADS.

The company was established in 1998 after Daimler-Benz’s merging with Chrysler Corporation USA. It manufactures automobiles under the brands Dodge, Chrysler, Jeep, Smart, Maybach, GEM, and Mercedes-Benz.

DaimlerChrysler produces cars and trucks under the brand names Chrysler, Dodge, Jeep, Mercedes-Benz, Smart, Maybach, and GEM. The company also provides parts and accessories that are sold under the brand name Mopar.

Eagle, maker of Eagle oxygen sensor, is among its defunct marques. Other defunct brands include Barreiros, Commer, DeSoto, Fargo, Hillman, Humber, Imperial, Karrier, Plymouth, Simca, Sunbeam, Singer, and Valiant.