There has been positive news about the UAE economy and a rise in employment so far this year, but certain sectors have been hiring more aggressively than others.
Emirates airline said in January that it plans to hire 5,000 cabin crew this year. At the end of April, the airline said it would continue to ramp up the hiring of pilots and increase their salaries.
With 65 new aircraft on order (delivery expected from the middle of next year), it’s a great sign from one of the UAE’s leading employers.
Hotel occupancy also shows no sign of slowing down, with many more properties opening across the Emirates and plenty of demand to fill inventory.
The travel and tourism industries are clearly benefiting from market conditions, so what does this mean for other sectors?
As a recruiter in the technology sector, I am witnessing a higher demand for talent in comparison to the same time last year, and a larger volume of new jobs coming in now than at the beginning of this year.
It has not been a slow start to the year, but many recruitment processes can take a while, especially when there are visa applications, security clearances and relocations involved.
In real terms, we are seeing new candidates placed in jobs now after hiring managers requested for candidates in December and January.
The good news is that with higher demand now than three months ago, we will continue to see more new jobs created well into the third quarter.
With Ramadan and Eid behind us, there is every reason to believe that the rest of this year will continue to be a busy one.
The biggest demand from our UAE clients is for tech professionals with niche skill sets in cyber and telecoms.
There is also a surge in demand from technology vendors looking to grow their sales teams.
Outside the UAE, we are also seeing demand in Saudi Arabia grow across all sectors.
The Emirates has ambitious growth targets and is seeking to double its gross domestic product to $800 billion by 2030, from $442.1 billion in 2022.
There is a long way to reach this number, but there seem to be no signs of a slowdown.
The government has also diversified its revenue sources, with oil accounting for less than 30 per cent of revenue in 2022.
Outside the tourism industry, there is huge investment in transportation, real estate, public safety and renewable energy, among others. As these sectors grow, so will the number of available job opportunities.
So, are we seeing a recruitment boom? I would say no, but we are seeing much more measured, sustainable growth based on a strong economy and healthy market conditions.
Periods of boom and bust are never good for the long term; being able to plan and forecast any business with steady growth is a far better strategy.
I have said earlier that companies over-hired post-Covid and this led to a downturn six to 12 months later. Fortunately, it seems like business leaders are reluctant to commit the same mistakes.
Of course, there may be more periods of decline in the future, but I doubt these will be as dramatic as seen in previous times.
We learn from lessons of the past, and as an emerging market like the UAE continues to grow into a more mature one, the outlook will continue to be better.
This region continues to be a very attractive proposition to both businesses and families from abroad seeking a better life owing to a great climate, quality of life, no taxes and family safety. These conditions are not likely to change any time soon.
John Armstrong is the founder and managing director of JCA Associates
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WOMAN AND CHILD
Director: Saeed Roustaee
Starring: Parinaz Izadyar, Payman Maadi
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If you go
Flight connections to Ulaanbaatar are available through a variety of hubs, including Seoul and Beijing, with airlines including Mongolian Airlines and Korean Air. While some nationalities, such as Americans, don’t need a tourist visa for Mongolia, others, including UAE citizens, can obtain a visa on arrival, while others including UK citizens, need to obtain a visa in advance. Contact the Mongolian Embassy in the UAE for more information.
Nomadic Road offers expedition-style trips to Mongolia in January and August, and other destinations during most other months. Its nine-day August 2020 Mongolia trip will cost from $5,250 per person based on two sharing, including airport transfers, two nights’ hotel accommodation in Ulaanbaatar, vehicle rental, fuel, third party vehicle liability insurance, the services of a guide and support team, accommodation, food and entrance fees; nomadicroad.com
A fully guided three-day, two-night itinerary at Three Camel Lodge costs from $2,420 per person based on two sharing, including airport transfers, accommodation, meals and excursions including the Yol Valley and Flaming Cliffs. A return internal flight from Ulaanbaatar to Dalanzadgad costs $300 per person and the flight takes 90 minutes each way; threecamellodge.com
Ultra processed foods
- Carbonated drinks, sweet or savoury packaged snacks, confectionery, mass-produced packaged breads and buns
- margarines and spreads; cookies, biscuits, pastries, cakes, and cake mixes, breakfast cereals, cereal and energy bars;
- energy drinks, milk drinks, fruit yoghurts and fruit drinks, cocoa drinks, meat and chicken extracts and instant sauces
- infant formulas and follow-on milks, health and slimming products such as powdered or fortified meal and dish substitutes,
- many ready-to-heat products including pre-prepared pies and pasta and pizza dishes, poultry and fish nuggets and sticks, sausages, burgers, hot dogs, and other reconstituted meat products, powdered and packaged instant soups, noodles and desserts.
LA LIGA FIXTURES
Friday (UAE kick-off times)
Real Sociedad v Leganes (midnight)
Saturday
Alaves v Real Valladolid (4pm)
Valencia v Granada (7pm)
Eibar v Real Madrid (9.30pm)
Barcelona v Celta Vigo (midnight)
Sunday
Real Mallorca v Villarreal (3pm)
Athletic Bilbao v Levante (5pm)
Atletico Madrid v Espanyol (7pm)
Getafe v Osasuna (9.30pm)
Real Betis v Sevilla (midnight)
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Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
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Price: From Dh149,900
PSG's line up
GK: Alphonse Areola (youth academy)
Defence - RB: Dani Alves (free transfer); CB: Marquinhos (€31.4 million); CB: Thiago Silva (€42m); LB: Layvin Kurzawa (€23m)
Midfield - Angel di Maria (€47m); Adrien Rabiot (youth academy); Marco Verratti (€12m)
Forwards - Neymar (€222m); Edinson Cavani (€63m); Kylian Mbappe (initial: loan; to buy: €180m)
Total cost: €440.4m (€620.4m if Mbappe makes permanent move)
Jetour T1 specs
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