Monday 10 December 2018
 
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nationalisation

GCC nationalisation policy ‘may raise labour costs’

GCC countries' labour market nationalisation policies aim to provide more jobs for a rapidly growing population, but they are also likely to raise labour costs and hamper diversification, said Moody’s in a new report. &q

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Gulf Air, Tamkeen sign deal to boost nationalisation efforts

Gulf Air, Bahrain’s national carrier, and Tamkeen have signed a joint cooperation agreement aimed at enhancing opportunities for the training and employment of Bahrainis within the kingdom’s aviation sector. The agreem

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Saudi ministry, Al Nahdi ink nationalisation deal

Saudi Arabia’s Ministry of Labour and Social Development (MLSD) in the Makkah region has signed a nationalisation agreement with Al Nahdi Medical Company for the pharmacies sector in the Kingdom. The agreement covers prepari

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Dubai Parks to open 1,000 new jobs to Emiratis

With Dubai Parks and Resorts on schedule to open several major, new theme parks and leisure attractions in October, the company plans to recruit UAE’s brightest young Emirati talent at the 16th edition of Careers UAE being held in Dubai th

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UAE firm launches new nationalisation initiative

Abu Dhabi-based Exceed IT Services, a leading regional IT service provider, has launched Ibdaa, a major nationalisation initiative in Saudi Arabia and the Gulf. The Ibdaa campaign is an initiative that specialises in two areas: tr

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UAE firm launches new nationalisation initiative

Abu Dhabi-based Exceed IT Services, a leading regional IT service provider, has launched Ibdaa, a major nationalisation initiative in Saudi Arabia and the Gulf. The Ibdaa campaign is an initiative that specialises in two areas: tr

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Saudi Arabia plans $200bn construction spend in two years

Saudi Arabia is likely to remain the dominant construction market in the GCC for the foreseeable future with an estimated $200 billion spend in development projects planned over the next two years, said a senior official. "Th

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ADNH, TCA Abu Dhabi in nationalisation initiative

Abu Dhabi National Hotels (ADNH) has partnered with Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi) for an initiative that encourages young nationals to join the hospitality sector. The signing of the Memorandum of Under

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Mena energy firms ‘unable to bridge talent gap’

The regional oil and gas companies are being asked by governments to reduce their heavy dependence on expatriates, yet they find themselves faced with a shortfall in qualified nationals with which to replace them, said an expert.

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Four key areas to target for long-term GCC growth

Nationalisation, diversification, global positioning and stability are key areas for governments and businesses in the region to consider for the future of GCC growth, said a report. The four biggest drivers of policy, common acro

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