You need to enable JavaScript in order to use the AI chatbot tool powered by ChatBot

Job vacancies rise 33% across UAE

Matthew Wilcox our consultant managing the role
  • Renewed economic confidence has kick-started hiring appetite
  • Financial services, IT and telecoms sectors driving growth
  • 113% rise in the number of interviews quarter on quarter

The United Arab Emirates (UAE) has enjoyed a 33% rise in the number of vacancies in Q2 2010 compared to Q1 2010. A 45% rise compared to the same period last year.

A more positive outlook for the region is being reflected by the banking and finance industry hiring again. Ongoing government investment in infrastructure is also resulting in more jobs in fields such as IT and telecoms.

The findings come out of research from the FiveTen Group, the global recruitment firm. It says confidence is returning to the economy across the UAE, as global trade increases and rising oil prices benefit the region.

Business confidence has also been strengthened in the region by continuing progress on the restructuring of the Dubai World debt, allaying concerns that the debt will not be repaid. From negative GDP growth in 2009, the International Monetary Fund has projected growth of 1.3% in 2010 and 3.1% in 2011.

Mark Baxter, Regional Director of the FiveTen Group said: “Dubai has had it tough particularly over the course of the downturn but the outlook for the Emirate and the region as a whole is looking rosier. The property market is still volatile in Dubai but there has been something of a resurgence in the jobs market across the region. Vacancies are rising, and companies with renewed confidence are stepping up their hiring programmes.”

There has also been a 113% rise in the number of interviews taking place this quarter compared to last, as companies invest more resources in their search for employees.

Appointment of Mark Baxter and launch of Ortus in the UAE

The FiveTen Group has appointed Mark Baxter to head up its expanding operations in the Middle East.

Mark Baxter brings with him 13 years of management experience including the last 4 years based in the Middle East, during which he built the BBT business before it was bought by Randstad and merged with Hill McGlynn.

He has previously managed multiple teams across 4 locations in the GCC – in Dubai, Bahrain, Oman and Abu Dhabi. Mark will be reporting to Tim Hedger, Regional Managing Director of the FiveTen Group in the Middle East.

Hedger said: “Mark is a great fit for our operation here and has the hunger that we demand in all of our employees. His background is hard to beat – he brings a wealth of experience and in-depth knowledge of the market in the Middle East. This will prove invaluable as we build FiveTen’s representation in the region, and further sharpen our competitive edge.”

The FiveTen Group has also announced the launch of HR executive search operation, Ortus (www.ortushr.ae) in the region.

Baxter said: “We’ve launched Ortus in the UAE to serve the needs of our clients’ HR departments. The launch means that the FiveTen Group now has representation for all its brands in the Middle East and can serve clients and candidates across our full range of sectors.”

Ortus’ office launch means it joins other FiveTen group brands Marks Sattin, (finance and accountancy recruitment), EMR (marketing), Laurence Simons (legal), and (Greythorn, IT and telecoms) which are already active in the region.

External coverage:

11/04/16
jobs

Related jobs

Management Accountant

Salary:

£60,000 - £70,000 per annum

Location:

Basingstoke, Hampshire

Industry

Real Estate

Qualification

Fully qualified

Market

Commerce & Industry

Salary

£70,000 - £80,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

Management Accountant 60k - 70k Basingstoke

Reference

BBBH183397

Expiry Date

01/01/01

Ollie  Pizzey

Author

Ollie Pizzey
Find out more
Interim Management Accountant

Salary:

£225 - £250 per day

Location:

Bradford, West Yorkshire

Industry

Business Services

Qualification

Finalist / Newly qualified

Market

Financial Services

Salary

£250 - £350

Job Discipline

Newly Qualified Finance

Contract Type:

Contract

Description

Interim Management Accountant - Immediate Start (£225 - £250 per day)

Reference

BBBH183400

Expiry Date

01/01/01

Haroon Hussain Find out more
Accounts Assistant

Salary:

£30,000 - £38,000 per annum

Location:

Wetherby, West Yorkshire

Industry

Business Services

Qualification

None specified

Market

Commerce & Industry

Salary

£35,000 - £40,000

Job Discipline

Part Qualified & Transactional Finance

Contract Type:

Permanent

Description

Accounts Assistant role in Wetherby

Reference

BBBH183399

Expiry Date

01/01/01

Cameron  Walsh

Author

Cameron Walsh
Find out more
Business Improvement Analyst

Salary:

£60,000 - £80,000 per annum

Location:

Bracknell Forest, Berkshire

Industry

Professional Services

Qualification

None specified

Market

Financial Services

Salary

£80,000 - £100,000

Job Discipline

Business Analysis

Contract Type:

Permanent

Description

As a Business Process Improvement Analyst, you play a critical role in enhancing the efficiency and effectiveness of the organisation's process.

Reference

BBBH183398

Expiry Date

01/01/01

Andrew Barnes

Author

Andrew Barnes
Find out more
Finance Assistant ( On-Site )

Salary:

£32,000 - £35,000 per annum + 12% bonus

Location:

Wokingham, Berkshire

Industry

Manufacturing

Qualification

Part qualified

Market

Commerce & Industry

Salary

£35,000 - £40,000

Job Discipline

Finance Change

Contract Type:

Permanent

Description

Finance Assistant, Wokingham, £32,000 - £35,000

Reference

BBBH183276

Expiry Date

01/01/01

Milly   Murray

Author

Milly Murray
Find out more
Technical Product Owner

Salary:

£60,000 - £70,000 per annum

Location:

City of London, London

Industry

Consumer & Retail

Qualification

None specified

Market

Commerce & Industry

Salary

£70,000 - £80,000

Job Discipline

Product

Contract Type:

Permanent

Description

Technical Product Owner

Reference

BBBH183171

Expiry Date

01/01/01

Alex Simmons

Author

Alex Simmons
Find out more
Interim Assistant Accountant

Salary:

£28,000 - £33,000 per annum

Location:

Leeds, West Yorkshire

Industry

Professional Services

Qualification

None specified

Market

Commerce & Industry

Salary

£30,000 - £35,000

Job Discipline

Part Qualified & Transactional Finance

Contract Type:

Contract

Description

Marks Sattin are currently recruiting an interim Accounts Assistant/Assistant Accountant on behalf of a very well established SME service provider, based in North Leeds.

Reference

BBBH183395

Expiry Date

01/01/01

Yasmin Clough

Author

Yasmin Clough
Find out more
Head Of Operations Finance

Salary:

£70,000 - £90,000 per annum

Location:

Slough, Berkshire

Industry

Consumer & Retail

Qualification

Fully qualified

Market

Commerce & Industry

Salary

£80,000 - £100,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

We are working with an exciting client within the Consumer space who need someone to come in and support with leading financial planning and analysis in the FP&A and Supply Chain Finance team.

Reference

BBBH183396

Expiry Date

01/01/01

Ollie  Pizzey

Author

Ollie Pizzey
Find out more
Finance Assistant - London

Salary:

£32,000 - £35,000 per annum

Location:

London

Industry

Consumer & Retail

Qualification

Part qualified

Market

Commerce & Industry

Salary

£35,000 - £40,000

Job Discipline

Part Qualified & Transactional Finance

Contract Type:

Contract

Description

Seeking a Finance Assistant for a part-time position available on a 6-month contract within a consumer retail business based in Central London.

Reference

BBBH183394

Expiry Date

01/01/01

Jamie Smith

Author

Jamie Smith
Jamie Smith

Author

Jamie Smith
Find out more
View all jobs