Job rates rise in the Gulf
UAE companies including multinationals and leading local companies continue to plan and improve their recruitment strategies. Dubai's economy has been showing signs of improvement over the past year, with tourism, retail and services sectors leading the way.
With Dubai Inc. working its way through its massive debt pile, investors and businesses are gaining in confidence too. Oil & gas, healthcare and retail sectors are enjoying the largest headcount expansion, while banking and construction continues to lag behind.
Hiring levels continue to rise in the Gulf region, despite the impact of 2011’s Arab Spring. In fact, the Arab Spring facilitated the move of executives from the affected region to the UAE. Many people, for example, transferred their property from these countries to the UAE.