Sunday 26 October 2014
 
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Employment

GCC upbeat on hiring, but young talent ‘a concern’

GCC employers looking to hire hundreds of thousands of new recruits in the next 12 months are also projecting an average 9 per cent increase in salaries, but a new study says they face a major challenge with young talent. The firs

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GCC petchem sector creates 600,000 jobs

The petrochemical and chemical industry, along with its supporting sectors, in the Arabian Gulf region employed over half a million people through direct and indirect jobs in 2013, according to new data released by the Gulf Petrochemicals and Ch

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GCC petchem sector creates 600,000 jobs

The petrochemical and chemical industry, along with its supporting sectors, in the Arabian Gulf region employed over half a million people through direct and indirect jobs in 2013, according to new data released by the Gulf Petrochemicals and Ch

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Egypt business activity grows at near-record pace

Business activity in Egypt expanded at a near-record pace in September, a survey showed on Tuesday, with a nascent economic recovery encouraging companies to hire for the first time in nearly 2-1/2 years. Egypt's economy has b

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Egypt business activity grows at near-record pace

Business activity in Egypt expanded at a near-record pace in September, a survey showed on Tuesday, with a nascent economic recovery encouraging companies to hire for the first time in nearly 2-1/2 years. Egypt's economy has b

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Saudi logs big growth in non-oil, UAE slumps

Non-oil private business activity in Saudi Arabia grew at the fastest pace in over three years last month, buoyed by strong expansions in new orders and employment, while the UAE’s business activity growth in the non-oil segment  fell

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Jobs growth declines to 1pc in Bahrain

Employment growth in Bahrain continued to decline in the second quarter of the year, according to new figures released by the Labour Market Regulatory Authority (LMRA). Total employment growth dipped to just one per cent, the lowe

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Services sector reflects US employment growth

US companies hired fewer workers than expected in August, but an acceleration in services sector activity to a nine-year high offered assurance that the economy remained on track for a sturdy rate of growth in the third quarter. T

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US private sector hiring slows

US companies hired fewer workers than expected in August, but the trend in job growth remained consistent with a sturdy economic performance in the third quarter. That view was reinforced by other data showing only a slight increase in

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UAE textile industry ‘largest after oil sector’

The UAE textile industry is the largest trading sector in the country after oil, and is also one of the biggest employment providers in the industrial sector, according to an economic and trade expert. The country’s textile

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