Monday 6 July 2015
 
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Private sector

Emirati talent focus for Dubai career expo

Careers UAE 2015, the UAE’s leading hiring exhibition for Emirati nationals, will highlight challenges faced by recruiters and when attracting and retaining top UAE talent in the private sector. The topic will come under dis

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Saudi private sector cautious in response to Royal Bonus

Very few private sector firms in Saudi Arabia have plans to follow a recent Royal initiative and pay Saudi nationals a special bonus, according to a new survey conducted by Mercer, a global human resources and investments consultancy.  

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Private sector job creation ‘critical for GCC growth’

Private sector job creation and maintaining an inclusive labour market are crucial to achieve long term fiscal sustainability in the GCC countries, a report said. Fiscal pressures on GCC economies are mounting with dropping oil pr

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Saudi economic growth forecast to hit 4.6pc

Saudi Arabia's economy is likely to grow 4.6 percent this year, more than previously estimated, helped by a robust performance of the private sector, the International Monetary Fund said. "Private sector growth is expecte

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Saudi private sector expansion continues

The Saudi Arabian non-oil private sector continued expansion during June, with output growth quickening to a 26-month high, a report said. New business from abroad also improved, albeit at a slower pace than total new orders, said

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Forum discusses ways to boost private sector growth

A high-level workshop organised by the World Economic Foundation (WEF) on "creating a supportive environment for private sector growth" was hosted yesterday by the Economic Development Board (EDB). Attended by around 30

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Saudi can achieve 4.4pc growth this year

The International Monetary Fund's forecast for Saudi Arabia's economic growth of 4.4 percent this year is reasonable and achievable, the country's central bank governor Fahad al-Mubarak said on Sunday. "We see tha

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Region ‘still dominated by expat workforce’

The Gulf Arab States need to create a massive 600,000 jobs by 2018, just to maintain a credible percentage of nationals working in the private sector, according to the International Monetary Fund (IMF). The regional private sector

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Saudis' number in private sector jobs doubles

Saudi Arabia has doubled the number of its citizens working for private companies in the 30 months since it introduced wide-ranging reforms to tackle long-term unemployment, Labour Minister Adel Al-Fakeih said. Policy makers fear

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UAE targets 65pc GDP growth in 7 years

* Move to increase Emiratisation * Country to have best infrastructure * Steps to cut waiting period of housing   The UAE will achieve rapid growth with the launch of new pro

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