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30% of Middle East and North Africa (MENA) employers are ‘definitely hiring’ in the next three months, a new survey has found. This showed that optimism has risen across a number of countries with firms expecting improved economic conditions.
The latest Middle East and North Africa Job Index survey by job site by Bayt.com found that in the UAE, 35% of companies are ‘definitely hiring’ in the coming months with 22% stating they are ‘probably’ hiring. In a year’s time, 67% of companies are expecting to hire new employees.
“The clear improvement in the number of jobs to be available in the coming three and 12 months is a positive sign for the UAE’s economy. We have seen a regional increase in terms of the numbers of employment opportunities, and this is a good indicator of the region’s growth and development,” said Suhail Masri from Bayt.com.
The majority of companies in the UAE (67%) are expecting to hire up to 10 employees in the coming three months. Respondents believe that the industries that attract and retain the top talent in the UAE are banking and finance, and oil, gas and petrochemicals, followed closely by construction.
Across the MENA, multinational private sector companies will be hiring the highest number of new employees in the next three months, and will continue to be the biggest source of employment in a year’s time. Within the next three months, they are looking to hire at junior executive level, followed by executives and coordinators.