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Saudi pushes banks to allot more jobs for localsSaudi Arabia's central bank has asked commercial banks to increase localisation of some functions as Riyadh pushes to move more of its citizens into jobs now done by expatriates, a banker in the kingdom said. The Saudi Arabian More… |
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5pc more salary hikes in ME real estateFollowing a significant boost in business confidence, 35 per cent of real estate professionals in the Middle East received basic salary increases this year as against 30 per cent last year, a report said. Eight per cent more bonus More… |
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5pc more salary hikes in ME real estateFollowing a significant boost in business confidence, 35 per cent of real estate professionals in the Middle East received basic salary increases this year as against 30 per cent last year, a report said. Eight per cent more bonus More… |
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Reed launches Mideast salary guideLeading recruitment firm Reed has recently released its Middle East Salary Guide for 2013, which encompasses a detailed analysis of salary expectations in multiple employment sectors. The guide highlights emerging trends in differ More… |
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Global shares surge on strong US jobs reportWorld equity markets rallied and the US dollar strengthened on Friday after an unexpectedly sharp jump in US employment in February reinforced the view that the world's biggest economy is gaining traction. The Dow Jones indust More… |
61pc rise in expats employed by Saudi bodiesThe number of foreigners recruited by government bodies in Saudi Arabia during the last Hijri year rose by 61 per cent compared to the previous year, a report quoting a Ministry of Labour data said. More… |
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Oman plans to curb expat workersOman's government will limit the number of foreign workers and sharply raise the minimum wage for locals in a drive to increase employment of Omani citizens, state news agency ONA reported. A statement by the Council of Minist More… |
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US jobs data points to steady economic growthUS job growth likely picked up modestly in January and the unemployment rate held steady, supporting views the economy's sluggish recovery was on track despite a surprise contraction in the final three months of 2012. Non-farm More… |
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London Business School’s MBA tops in pay riseLondon Business School’s MBA scoops the highest salary increase of the top five schools, according to the 2013 Financial Times MBA ranking. Pre-MBA salaries increased 125 per cent, while 92 per cent of the students secured e More… |
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DIFC records 16pc hike in 2012 employmentDubai International Financial Centre (DIFC), the leading financial hub in the region, has posted a 16 per cent growth rate in the combined workforce of DIFC-registered companies during 2012 as against 2011. The number of active re More… |
