Is Dubai good place for Job opportunities
Dubai is a linkbetween the extreme East and Europe and the CIS and Africa. It has well established trading links exist with the greater than 1.5 billion people in the neighboring region.
Dubai’s total international trade has grown on average by over 11% per year since 1988 and regional economic growth and liberalization is going to grow further.
In the fourth quarter of 2016 the demand for employees across many industries increased by 30% compared to the same period a year earlier.
As of 2017, hiring by companies in engineering, construction and real estate; hospitality; oil and gas; information and technology, telecommunications and chemicals posted negative growth.
Hiring for sales and business development positions increased by 45 per cent year-on-year, while recruitment for healthcare roles went up by 37 per cent, and HR and administration by 27 per cent.
According to Monster.com, the following are the latest hiring trends in the Dubai:
1. Healthcare showed a positive growth of 60%.
2. Retail/Trade and Logistics showed a positive growth of 55%.
3. IT and Telecom/ISP showed a positive growth of 49%.
4. Production/Manufacturing, Automotive and Ancillary showed a low growth of 1%.
5. Hospitality showed a negative growth of -5%.
6. Oil and Gas industries showed a negative growth of -24%.
Professionals with background and qualifications in finance and accounting; human resources and administration; customer service; software, hardware and telecommunications, as well as marketing and communications are seeing a reduction in job postings.
Various factors have a big impact on recruitment levels and trends in the Dubai.
A resurgence in the employments will therefore provide many firms with increased revenues which can be invested in fresh talent and deliver a boost to the jobs market in the DUBAI.
Seeking a position in any of the aforementioned industries is a great place to start if you’re looking for a job in the DUBAI. Opportunities are expected to increase, but it is essential you have the right skills.
Some of the top skills employers are looking for in the Dubai include:
· Statistical analysis
· Algorithm design
· SEO marketing
· Web architecture
· User interface design
Some of the important and famous recruiting firms are as follows:-
Ø Careerjethas a wide reputation for providing quality job listings tailored to the Middle East job market. They have a range of vacancies to help you find the best match for your recruitment needs. They have an extensive network of clients in the Middle East. Their job vacancies are clearly listed by industry and also by their serviced locations in Dubai, Qatar and Abu Dhabi.
Ø Established in 2005, Hays has built up a reputable clientele all over the Middle East with 28 global partner countries to provide world-wide talent to local employers. They extensive database of local job seekers is backed by highly experienced consultants with in-depth knowledge of the local job market and sector-specific expertise in a variety of employment fields.
Ø Established in 1983, NADIA has been in the business of sourcing and identifying candidates with unique qualifications for the last 30 years. Backed by three decades of market experience, NADIA’s experienced recruitment consultants undergo constant training to keep up with global and local market trends in an effort to better serve their clients. NADIA also has a state-of-the-art online database with an extensive pool of skilled candidates for their client’s benefit. For those seeking employment, they have an easy online form with key questions where you can upload your CV or resume.
Ø One of the oldest recruitment agencies in the region, BAC, headquartered in the Dubai International Financial Center, was established in 1979 to provide professional recruitment services to top-level companies looking for all levels of employment from junior to middle and senior management in a wide sector of career fields. They have a well-designed, easy-to-navigate website for both clients as well as candidates looking for employment.
Ø Charterhouse Middle East has been in the talent acquisition business in the Middle East for the last ten years with offices in Dubai, Abu Dhabi and Doha, Qatar. The website provides a useful salary guide for candidates seeking employment and also allows them to receive regular job alerts for their selected career field.
Ø A division of the PageGroup, Michael Page consultants are experts in the successful placement of employees in permanent, temporary, full-time or part-time positions in several sectors in the Middle East. Their website provides a very useful career center for candidates applying for jobs with a detailed job search tools that allows candidates to narrow their job search based on expertise, location, type of employment as well as expected salary.
Dubai is part of the DUBAI which is a low-crime and politically-stable country. Also, the DUBAI enjoys financial and monetary stability. Its well-developed, sophisticated banking system features extensive credit facilities and ample liquidity. The Emirate’s emerging capital markets are built on a basis of leading-edge technologies and sound regulatory systems. The government has a long, consistent commitment to pro-business, liberal economic policies including the protection of intellectual property rights. The DUBAI benefits from stable and harmonious industrial relations. Finally, there is a well-defined, sound legal framework for business and a clear set of ownership rules. Foreigners are permitted ownership rights of up to 49% for limited liability companies established within the Emirate of Dubai and up to 100% for professional companies, branches and representative offices of foreign companies and free zones enterprises. All of these factors reflect positively in Dubai’s being assigned an investment grade rating for fixed income investment by Moody’s Investors Service.Research from Robert Walters has found that salaries in the Middle East will increase by 2% on average in 2017 with a flat start to the year.
Startup eco system & few successful startups and their business verticals , and some failures (If any)
The U.A.E. is by many measures the entrepreneurial and innovation capital of the MENA region. The GlobalEntrepreneurship and Development Institute’s 2016 “GlobalEntrepreneurship Index” ranks the U.A.E. ahead of everyother country in the region except Israel.As the region’s entrepreneurial and innovation hub, theU.A.E. has long served as a magnet for entrepreneurs fromacross the Gulf and its environs. Indeed, a 2016 study byprofessional network LinkedIn concluded that the U.A.E.has “evolved to be a preferred destination for talent,entrepreneurs, and innovators from across the world. Some of these entrepreneurs have achieved incredible
success. According to a 2015 article by Wamda, a numberof U.A.E. startups have achieved $100 million-plus.
The top 5 start-ups from Dubai are listed below:-
ü Zarooq Motors
Founders Mohammed Al Qadi and IannisMaedell wanted to promote DUBAI motor racing, and realised the only way to do that was to head into the desert. They’re working to create a fashionable car that’s built to race over sand dunes without getting stuck, along with a sand dune race track outside of Dubai.The cars will be street legal, and will have air conditioning and other amenities to attract consumers. The name Zarooq comes from the Arabic-Emirati word for the Schockari Sand Racer, the fastest snake in the desert.
FittPass co-founder Heba ElDaleel wanted to created a solution for Dubai citizens who felt trapped by their gym memberships. With FittPass, you have access to multiple gyms, classes, and locations that match your schedule and fitness goals.
In an interview with The Arabian Marketer, Daleel explained her vision: “FittPass delivers choice, freedom and flexibility. At the same time, it’s a very viable channel to drive footfall for health clubs.”
Founded by ex-Groupon DUBAI Director of Operations Rasha Ismail, Cook-A-Box tries to reduce meal planning, grocery shopping and food waste for busy professionals living in the desert. According to Pamella de Leon at Entrepreneur, “[It] also saves time in terms of meal planning and grocery shopping, as it comes with recipe cards for meals that can be prepared in less than 35 minutes.”
Kanari works to collect and curate real-time survey feedback from customers through their mobile devices. In an interview with Faisal Chareuf for PSE Magazine, CEO Subhi Farah explains where the name Kanari comes from. “Miners used to take canary birds down into mines with them…as soon as the environment became dangerous, the canary would give out early warning signals in the form of frantic chirping and visible nervousness.”
Through his software, businesses can catch a problem early, before the whole company comes crumbling down.
In February 2015, StartUp Health (a New York City-based healthcare startup incubator) added AlemHealth to its global portfolio, making it the only DUBAI-based company out of 90 other businesses.FounderAschkan Abdul-Malek explained to Tamara Pupic of ArabianBusiness.com why he chose Dubai as its base: “The logistics in Dubai are second to none, and if you want to be serving this region, you need to have a presence here. Also, the lack of taxes allows us to compete for talent at a more attractive price point. Abdul-Malek has spent the past five years in Iraq and Afghanistan, where he was inspired to create AlemHealth to provide top-notch healthcare across borders and class distinctions.