The UAE Leads Gulf Region in Job Creation with 8% Growth in Three Months
The UAE has spearheaded job creation in the Gulf region, according to a new report showing an 8% increase in new job opportunities compared to the fourth quarter of 2023.
This demand was driven by robust growth in key sectors, including real estate, digital technologies, data, and AI, as indicated by the latest Cooper Fitch Gulf employment index.
The UAE’s real estate sector witnessed a significant 11% growth in new employment opportunities, reflecting the sector’s success as the country’s real estate market continues to experience a boom.
This trend aligns with the overall regional picture, where jobs in development, design, and real estate sales grew by 11%.
Saudi Arabia saw a 5% increase, Qatar experienced a 3% rise, Bahrain recorded a 1% increase, and Kuwait noted a 4% growth. Oman remained steady in job creation during the same period.
In the GCC countries, talent demand in digital technologies, data, and AI swiftly rose by 10% quarter over quarter.
The legal and managerial sectors saw a 9% increase in job opportunities, underscoring the region’s growing importance as a global financial and legal hub.
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