Hiring activity surged in Saudi Arabia, Qatar and the UAE in the third quarter of this year on the back of major project announcements and the Fifa World Cup, according to a report by recruitment consultancy Cooper Fitch.
Saudi Arabia recorded a 14 per cent increase in new jobs in the three months to September 30, driven by growth in sectors such as manufacturing, sales and marketing, and investment, as well as a sharp rise in the number of organisations establishing new activities in the kingdom, the report said.
Qatar registered a 7 per cent increase in new jobs, compared with the previous quarter, spurred by the 2022 World Cup and an influx of international corporations and talent looking to meet demand before, during and after the global football event.
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Watch: some of the stats behind the UAE's hiring boom
Hiring activity in the UAE jumped 3 per cent in the third quarter. The UAE and Oman are exploring investment opportunities worth more than $8 billion, which is also expected to bring new job opportunities to the region.
“As we enter the fourth quarter of 2022, the GCC looks set for a very strong end to the year with all sectors continuing to register high levels of activity,” said Trefor Murphy, founder and chief executive of Cooper Fitch.
“As each country focuses on delivering against its medium and long-term job creation strategies, we anticipate mid to high single-digit growth across the Gulf during the remainder of the year.”
The jobs market in the region is continuing to recover in 2022 as business confidence and hiring activity return to pre-coronavirus levels.
The UAE jobs market has made a strong recovery from the pandemic-induced slowdown, helped by the government’s fiscal and monetary measures.
Seven in 10 UAE companies plan to hire new employees next year, according to a survey last month by jobs portal Bayt.com and market research company YouGov.
Sixty-three per cent of large local companies and multinational corporations in the Mena region are among those that have the highest intention of hiring in the next three months, the research found.
Meanwhile, an overwhelming 86 per cent of working professionals in the UAE have a positive career outlook for 2023, a separate survey last week by Bayt.com and YouGov found.
The technology sector in the Gulf recorded an “impressive increase” in new job activity during the third quarter, with an 11 per cent sharp rise in software development roles and a 7 per cent rise in cyber security positions, according to Cooper Fitch.
“Demand for expertise across cloud, digital and cyber-based roles also rose sharply thanks to new projects greenlit as part of Saudi Vision 2030,” the report said.
“Experienced consultants with the talent necessary to bring projects to completion have remained in high demand, while the launch of digital banks and new government authorities drove significant movement among executive-level professionals.”
The sales and marketing sector also recorded a 7 per cent rise in job activity, with strong demand registered across manufacturing and retail segments, according to the consultancy.
Saudi citizens with technical sales, corporate communications and marketing experience are particularly sought after, it said.
The kingdom’s industrial sector is also growing rapidly, with many organisations already developing strategies that will enable them to meet their 2023 talent requirements, the research found.
Public sector recruitment in the Gulf region recorded an increase of 8 per cent in the third quarter, with energy, tourism and culture, and economic zones leading the charge for new talent.
“We also witnessed a rise in the activity of executive level mandates, particularly among newly established organisations and those transforming or restructuring,” Mr Murphy said.
There was a 10 per cent surge in job activity in the Gulf strategy industry, with consultancies seeking to fill senior public sector positions in the fields of transport and energy.
Consulting profiles are becoming increasingly competitive, Cooper Fitch said.
In the legal sector, and especially within private practice, the third quarter recorded an 11 per cent rise in the number of new jobs despite the summer period.
“Project finance, project development, corporate and commercial, international arbitration and construction roles are expected to remain in high demand across the region throughout the final quarter of the year,” the research said.
Cooper Fitch also noted an increase of 5 per cent in new jobs in the investment market, fuelled by increasing activity in the initial public offering and mergers and acquisition industry, investments in power and renewables and the launch of numerous funds across the region.
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UAE Salary Guide 2022 — in pictures
The finance industry in the Gulf recorded an 8 per cent increase in senior job activity, with chief financial officer roles in high demand.
“Advisory companies’ efforts to strengthen and expand their finance teams resulted in strong performance and growth throughout the Gulf,” Cooper Fitch said.
More from Neighbourhood Watch:
MEYDAN CARD
6.30pm Al Maktoum Challenge Round-1 Group One (PA) US$65,000 (Dirt) 1,600m
7.05pm Handicap (TB) $175,000 (Turf) 1,200m
7.40pm UAE 2000 Guineas Trial Conditions (TB) $100,000 (D) 1,600m
8.15pm Singspiel Stakes Group Two (TB) $250,000 (T) 1,800m
8.50pm Handicap (TB) $135,000 (T) 1,600m
9.25pm Al Maktoum Challenge Round-1 Group Two (TB) $350,000 (D) 1,600m
10pm Dubai Trophy Conditions (TB) $100,000 (T) 1,200m
10.35pm Handicap (TB) $135,000 (T) 1,600m
The National selections:
6.30pm AF Alwajel
7.05pm Ekhtiyaar
7.40pm First View
8.15pm Benbatl
8.50pm Zakouski
9.25pm: Kimbear
10pm: Chasing Dreams
10.35pm: Good Fortune
More from Neighbourhood Watch:
Company%20Profile
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MATCH INFO
Manchester United 2
(Martial 30', McTominay 90 6')
Manchester City 0
ENGLAND SQUAD
Joe Root (c), Moeen Ali, Jimmy Anderson, Jonny Bairstow, Stuart Broad, Jos Buttler, Alastair Cook, Sam Curran, Keaton Jennings, Ollie Pope, Adil Rashid, Ben Stokes, James Vince, Chris Woakes
The biog
Title: General Practitioner with a speciality in cardiology
Previous jobs: Worked in well-known hospitals Jaslok and Breach Candy in Mumbai, India
Education: Medical degree from the Government Medical College in Nagpur
How it all began: opened his first clinic in Ajman in 1993
Family: a 90-year-old mother, wife and two daughters
Remembers a time when medicines from India were purchased per kilo
more from Janine di Giovanni
Fixtures
Wednesday
4.15pm: Japan v Spain (Group A)
5.30pm: UAE v Italy (Group A)
6.45pm: Russia v Mexico (Group B)
8pm: Iran v Egypt (Group B)
UAE currency: the story behind the money in your pockets
Killing of Qassem Suleimani
HWJN
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The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
The Facility’s Versatility
Between the start of the 2020 IPL on September 20, and the end of the Pakistan Super League this coming Thursday, the Zayed Cricket Stadium has had an unprecedented amount of traffic.
Never before has a ground in this country – or perhaps anywhere in the world – had such a volume of major-match cricket.
And yet scoring has remained high, and Abu Dhabi has seen some classic encounters in every format of the game.
October 18, IPL, Kolkata Knight Riders tied with Sunrisers Hyderabad
The two playoff-chasing sides put on 163 apiece, before Kolkata went on to win the Super Over
January 8, ODI, UAE beat Ireland by six wickets
A century by CP Rizwan underpinned one of UAE’s greatest ever wins, as they chased 270 to win with an over to spare
February 6, T10, Northern Warriors beat Delhi Bulls by eight wickets
The final of the T10 was chiefly memorable for a ferocious over of fast bowling from Fidel Edwards to Nicholas Pooran
March 14, Test, Afghanistan beat Zimbabwe by six wickets
Eleven wickets for Rashid Khan, 1,305 runs scored in five days, and a last session finish
June 17, PSL, Islamabad United beat Peshawar Zalmi by 15 runs
Usman Khawaja scored a hundred as Islamabad posted the highest score ever by a Pakistan team in T20 cricket
The specs
Engine: 3.0-litre flat-six twin-turbocharged
Transmission: eight-speed PDK automatic
Power: 445bhp
Torque: 530Nm
Price: Dh474,600
On Sale: Now
10 tips for entry-level job seekers
- Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
- Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
- Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
- For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
- Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
- Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
- Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
- Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
- Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
- Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.
Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz
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Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
FIXTURES
Fixtures for Round 15 (all times UAE)
Friday
Inter Milan v AS Roma (11.45pm)
Saturday
Atalanta v Verona (6pm)
Udinese v Napoli (9pm)
Lazio v Juventus (11.45pm)
Sunday
Lecce v Genoa (3.30pm)
Sassuolo v Cagliari (6pm)
SPAL v Brescia (6pm)
Torino v Fiorentina (6pm)
Sampdoria v Parma (9pm)
Bologna v AC Milan (11.45pm)
THE SIXTH SENSE
Starring: Bruce Willis, Toni Collette, Hayley Joel Osment
Director: M. Night Shyamalan
Rating: 5/5
UK-EU trade at a glance
EU fishing vessels guaranteed access to UK waters for 12 years
Co-operation on security initiatives and procurement of defence products
Youth experience scheme to work, study or volunteer in UK and EU countries
Smoother border management with use of e-gates
Cutting red tape on import and export of food
WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
Rating: 4/5
The specs: 2018 Peugeot 5008
Price, base / as tested: Dh99,900 / Dh134,900
Engine: 1.6-litre turbocharged four-cylinder
Transmission: Six-speed automatic
Power: 165hp @ 6,000rpm
Torque: 240Nm @ 1,400rpm
Fuel economy, combined: 5.8L / 100km
'Project Power'
Stars: Jamie Foxx, Joseph Gordon-Levitt, Dominique Fishback
Director: Henry Joost and Ariel Schulman
Rating: 3.5/5
