Recruitment in the Emirates is set to pick up

10/03/2010 - Dubai Investment News
Recruitment in the Emirates is set to pick up

Posted by Bob Brunskill

Recruitment in the United Arab Emirates is set to pick up this year - a sign that the region's economic recovery could be underway.

According to the National, while Dubai's debt restructuring is still casting a shadow over the region, analysts are "cautiously optimistic" about growth prospects.

Speaking to the news provider on the issue of growth return in the Emirates, Jack Montgomery, a senior consultant at Stanton Chase said: "The general feeling is that [the] economy is doing better than it did in the first quarter of 2009.

"Even the companies operating in the oil and gas sector have said the business is good."

He added that many US firms operating in the region already have key recruitment budgets in place and are "keen to hire".

At the start of this month, Sami Al Ansari, chief executive of Ishraq Gulf Real Estate told the Khaleej Times that hotel revenue in the United Arab Emirates will return to growth by the end of this year when the economic upturn comes.ADNFCR-2019-ID-19661831-ADNFCR