8/17/09

Middle East- Still an attractive destination for jobseekers.

According to a research by Kuwait National Bank (KNB), the job market in GCC is still vibrant as projects planned or being executed totaled around $ 2.1 trillion. This represents a 50 % growth over the estimated value of projects in 2005.

 

This will automatically create numerous employment opportunities for both local and for expatriates.

 

Another study compiled by Mercer (Mercer GCC SnapShot Survey) indicates that 42% of organizations plan to increase their headcount in 2009 and 60% of organizations plan on increasing their headcount in 2010.

 

Apart from the need for huge manpower, the Gulf draws jobseekers because of its tax-free environment.