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28 February 2024

Dubai Knowledge Village records 40% growth

By Staff

Dubai Knowledge Village (DKV), the region's premier destination for human resources management and a member of Tecom Investments' Education Cluster, registered 40 per cent growth in new business last year.

A press statement said that 28 new companies established presence in the zone last year, taking the tally to 450.

The cluster also registered positive growth in the area of 'HR Consultancy' and 'Executive Search' that facilitates the recruitment of C-Level and executive positions.

Some of the major companies that set up operations at DKV include the global IT training and consultancy firm Fast Lane, recruitment specialist Reed Personnel Services, and specialised human resource training and development centre Allied Institute of Management Studies (AIMS).

The statement also said that it will outline best practices in recruitment, retention and development in the higher education sector during its participation as a partner sponsor of the International Human Resources Conference and Exhibition (IHRC) in Dubai.

Dr. Ayoub Kazim, Managing Director of Education Cluster - Tecom Investments, said: "Human resources management has become a critical component for organisations, particularly in the current global scenario. Based on the feedback received from organisations during the events we host throughout the year, we see human resources management continuing to serve as a distinctive arm of any corporate structure. The growth witnessed by Dubai Knowledge Village underlines this important trend."

Maria Brown, Associate Director of Reed in Middle East and North Africa, said, "Opening a specialist recruitment operation in Dubai is another key element within our global expansion strategy and we are delighted to have been accepted by Tecom Investments into Dubai Knowledge Village. The new Dubai office strengthens Reed's commitment to the Middle East."

"Reed is already an important recruitment business partner for a number of employers throughout the Middle East and North Africa. Within two years, I expect Reed's Dubai operation to expand its workforce to around 50 that will help identify and bring in the best available talent across all our 30 professional and sector specialisms," Added Brown.

DKV has created several platforms to facilitate the exchange of knowledge and best practices across the areas of education, project management, leadership, work-life balance, investment, sales, IT, design, HR and tourism among others. Periodic industry-specific events focusing on sectors such as oil and gas, finance and banking, and investments prominently feature on DKV's annual calendar of programmes.