Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE stays favourite country among Gulf nations: Survey  Join our daily free Newsletter

MENAFN - Khaleej Times - 10/04/2012

No. of Ratings : 0
Digg This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093502074 Share This Article: http%3a%2f%2fwww.menafn.com%2fmenafn%2fqn_news_story_s.aspx%3fstoryid%3d1093502074 Add to Delicious Seed this article Buzz this article Add to Reddit Add to furl Add to stumbleupon Add to Mixx!


 


(MENAFN - Khaleej Times) The UAE remains favourite country among Gulf nations for attracting expatriate talent and the region continues to create jobs despite Arab Spring in 2011, according to a latest survey findings.

The UAE strengthened its position as the most popular destination among Gulf-based expatriates, with Dubai overwhelmingly remaining the most attractive city, according to the survey by Dubai-based online recruitment firm, GulfTalent.com.

Qatar also joined the club of prime destinations for expatriates in the survey, according to the 2012 edition of "Employment and Salary Trends in the Gulf" released on Monday by the recruitment firm. Hit by domestic unrest, Bahrain dropped from 4th place to become the Gulf's least attractive destination for expatriates in 2011, behind Kuwait and Oman.

The survey shows that Saudi Arabia is the leader in job creation, thanks to its strong economic growth and massive government investment. Some 62 per cent of firms increased their head count last year compared with 55 per cent in 2010, the survey shows. Next was Oman, where 56 per cent of firms created new jobs, 1 per cent down on the previous year.

Qatar also saw 51 per cent of employers creating new jobs, reflecting the continued strength of the Qatari economy. In Kuwait, the percentage of firms that created new jobs in 2011 more than doubled compared to 2010, rising by 26 per cent to reach 51 per cent. Over the same period, the UAE also saw the number of firms creating new jobs jump by 15 per cent to reach 37 per cent.

The GulfTalent.com survey also revealed that Dubai's share of regional recruitment activity has started to increase after two years of slowdown, due to a combination of jobs growth and churn.

In Bahrain, however, severe political tensions continue to negatively impact the job market. According to GulfTalent.com, only 8 per cent of firms reported any new jobs being created last year, down from 23 per cent in 2010.

The survey highlights that the oil and gas, healthcare and retail sectors are enjoying the largest head count expansion, while banking and construction fare the worst. The study also shows that, as a result of Western countries facing high unemployment and low pay rises, employers in the Gulf are finding it easier to hire Western nationals rather than Asian candidates.

However, according to interview findings, some employers are facing difficulty attracting Western candidates because they perceive the region to be unsafe, following widespread media coverage of the Arab Spring.

This year's survey also highlights the fact that governments across the region are making the nationalisation of expatriate jobs a top priority and are embracing various schemes to do this. The survey noted that more innovative approaches are now being tried in some Gulf countries, introducing elements of choice, competition and commercial incentive.

Across the GCC, average private sector salary increase has remained stable but much lower than pre-recession levels, according to GulfTalent.com. Oman saw the highest salary increase in 2011 (6.5 per cent) p. Saudi Arabia and Qatar saw increases of 6 per cent and 5.6 per cent respectively.

 






  MENA News Headlines
May 25 2013China premier criticises EU for telecom probe ,AFP
(MENAFN - AFP) China's Premier Li Keqiang has slammed the European Union for plans to probe the country's telecom products and impose taxes on its solar panels, Chinese state media reported on ...

May 25 2013Belgium to be rapped by EU over budget ,AFP
(MENAFN - AFP) The European Commission is set to rap Belgium this week for failing to do enough to trim its budget deficit but is unlikely to go as far as imposing a fine, according to a press ...

May 25 2013Japan PM vows 'all possible' help for Myanmar economy ,AFP
(MENAFN - AFP) Japan's premier on Saturday pledged "all possible assistance" to kick-start Myanmar's ailing economy, hailing a major industrial zone near Yangon as a symbol of development for the ...

May 25 2013Jet Airways' shareholders Okay 24%-stake sale to Etihad ,MENAFN
(MENAFN) Jet Airways announced that its shareholders okayed the 24-percent stake sale to Etihad Airways, reported Arabian Business. Last month, the Abu Dhabi-based carrier announced that it will ...

May 25 2013Muscat hotels report 15% jump in Jan-Apr RevPAR ,MENAFN
(MENAFN) STR Global announced that during the January-April period, hotels in the Omani capital posted a growth of over 15 percent in revenue per available room (RevPAR), reported Arabian ...

May 25 2013Marriott's ME, Africa Q1 RevPAR rises 11% ,MENAFN
(MENAFN) Marriott International, Middle East and Africa, president and managing director, Alex Kyriakidis, stated that the hotel operator's revenue per available room (RevPAR) during the first ...

May 25 2013Artists seek global audience at Hong Kong's Art Basel ,AFP
(MENAFN - AFP) Having taken five Volkswagen Beetles and compressed them into spheres, artist Ichwan Noor was always going to grab attention at the inaugural Hong Kong Art Basel. Noor is known in ...

May 25 2013Fitch expects Qatar's 2013 GDP to reach 7% ,MENAFN
(MENAFN) Fitch Ratings stated that in 2013, Qatar's gross domestic product (GDP) is projected to stand at 7 percent, reported Arabian Business. The agency said that during the period, Qatari banks ...

May 25 2013World Bank Grants US $55 Million For Palestinian Development ,Qatar News Agency
(MENAFN - Qatar News Agency) The World Bank Board of Executive Directors has advised its Board of Governors to authorize the US $55 million replenishment of the West Bank and Gaza Trust Fund. This ...

May 25 2013Giant leaps for GCC within economic integration -- experts ,Kuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The GCC achieved giant leaps within the economic integration domain, leading to the increase of capital and commercial exchange, said a number of Bahraini ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help