Hot jobs in the UAE: Sectors that hired most in first half of 2012
Hiring activity picked up in the first half of this year as compared to the same period in 2011 but some industries in particular showed robust growth during this time, adding jobs to the market.
According to Toby Simpson, Managing Director at The Gulf Recruitment Group, sectors which had suffered during the downturn have showed a marked improvement this year, adding to the number of jobs available in the country.
“Surprisingly, the hospitality and leisure sectors have shown remarkable resilience, and even growth in the face of global economic uncertainty and much credit must go to the proactive nature of Abu Dhabi and Dubai governmental tourism agencies. Construction and engineering consultancy have also shown growth, although largely due to projects outside the UAE and consumer driven industries such as pharmaceuticals and consumer goods have continued to prosper.”
Konstantina Sakellariou, Partner, Marketing & Operations Director at Stanton Chase believes industrial sector was a forerunner when it came to job openings whereas financial services sector did not perform well.
“The industrial sector seems to be the strongest one. The healthcare sector is also growing, while in consumer and retail, we see relative stability. The IT sector showed some interesting movement and the financial services sector was rather slow and very cautious,” she told Emirates 24|7.
Hasnain Qazi, Middle East Business Manager at Huxley Associates agrees on the lacklustre performance of banking sector, adding fewer jobs in the country. “With regards to banking, whilst the UAE has been lukewarm [growth], we have written up record business in Qatar and Saudi Arabia. [Our] oil & gas division based out of Dubai has had a record breakingyear in terms of new agreements with companies and levels of repeat business with existing clients,” he added while commenting on the larger GCC level.
“We have seen job creation from a number of different industries. However, the most active sectors were oil & gas, financial services & investments, industrial & engineering and professional services,” listed Cliff Single, Commercial Manager at BAC Middle East.
However, a recent survey by Bayt.com shows that banking & finance attracted the maximum number of people in the country. “As per [our] job index [dated January 2012], the industries that are attracting/retaining top talent in the UAE are banking/finance (34 per cent), oil, gas and petrochemicals (32 per cent) and telecommunications (27 per cent),” added Suhail Masri, VP of Sales, Bayt.com.
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