Employment OQEP deals are part of Omani job creation drive Oman’s OQ Exploration and Production (OQEP) has signed four contracts worth $53 million with local companies to help create jobs for Omani nationals. The contracts include oil field operations, construction facility and rig drilling, as part of OQEP’s in-country value (ICV) programme. “These agreements not only create new business opportunities for Omani enterprises but also […] May 14, 2025
Employment Trade tensions may stifle expatriate employment in Saudi Arabia A global economic downturn is likely to result in fewer jobs for expatriates in Saudi Arabia, a local bank has said. Instead, policies aimed at incentivising the hiring of more nationals are increasingly putting Saudis in pole position for jobs, according to Jadwa Investment, an advisory group and investment bank in Riyadh. Last year, expatriate […] May 1, 2025
Employment UAE labour market: Too many people, not enough jobs More people are looking for jobs in the UAE than there is work available for them, according to a labour market report from recruitment consultancy Cooper Fitch. Hiring in the second-largest Arab economy grew by less than 1.3 percent in the three months to March 31 compared with the same period last year, the report […] April 24, 2025
Employment GCC hiring gains pace as non-oil sector expands Employment levels picked up in Saudi Arabia, Kuwait and Qatar as the non-oil private sector expanded in March, according to the latest monthly business sentiment surveys by S&P Global. Saudi Arabia recorded its best quarter for job creation in more than 12 years as hiring activity was driven by a demand upturn and output expansion. […] April 7, 2025
Economy World Bank gives $500m to create new jobs in Turkey Turkey is to receive $500 million from the World Bank to support economic recovery in areas devastated by the February 2023 earthquakes, according to a statement. The earthquakes killed more than 50,000 people and displaced more than 3.3 million. They are estimated to have inflicted a $104 billion hit on the Turkish economy, the Strategy and […] April 2, 2025
Employment Oman to increase minimum wage to offset inflation Oman is planning to increase the minimum wage by a fifth to counter higher costs of living, according to manpower minister Mahad Baawain. Baawain said in a radio interview that the cabinet is considering a recommendation to raise the minimum wage to OR400 ($1,035) per month. “We have already made a decision to increase the […] March 27, 2025
