Medical Sector Considered Recession Proof in Dubai

While many sectors are complaining of slumping sales while looking forward to the end of the recession, the medical sector has been spared the brunt of the challenges. David Hadley, CEO of Emirates Healthcare Limited and Medi-Clinic Middle East recently discussed the growth of the two hospitals and five clinics in Dubai he is responsible for. Compared to last year’s numbers, profits are up 37%.

This may be good news for those seeking work in medical and health related fields. Several hospitals were planned for Dubai but progress came to halt when the economy was shaken over the last year. The lack of competition obviously played a big part in Emirates Healthcare Limited’s City Hospital breaking even on its multi-million dollar construction in less than twelve months.

Some experts think that the rapid success of Emirates Healthcare Limited will encourage the construction of the stalled medical facility’s construction to resume. While this may not be great news for David Hadley, who is confident in his lack of competition, if it comes to fruition it will be excellent for employment in the healthcare sector.

The expected projections are that the healthcare market throughout the Gulf will grow five times by 2025. Experts are estimating government spending of $15-$17 billion. One question that some are puzzled by is where will the medical professionals come from? While the hiring is still slow in Dubai for doctors and nurses, it looks very promising that we will see a huge change in job growth over the next few years.

Marketing 3.0 Provides Opportunity for Job Seekers to Network With Dubai’s Best Marketing Firms

A recent survey of Human Resource executives, headhunters and recruiters that was conducted by Pink Slip Dubai and Insight Discovery showed that over two-thirds of these industry experts believe that the job market is on an upswing. Nearly all noted that sector that will be seeing the most growth is sales and marketing. Some of those surveyed cited growth in hiring numbers of up to 20% compared to 2009.

This is surprising, considering job growth over all sectors has slowed to a crawl in light of recent economic woes.  One possible reason for the continued growth is that companies in Dubai are thinking ahead, and working out plans for post-recession marketing. If this theory holds true, then confidence in the market is returning.

In October, one of the world’s most impressive strategic marketers, Professor Philip Kotler, will be speaking at the “What Next in Marketing 2011?” summit. TECOM Investments’ Media Cluster is sponsoring the convention, which will take place at the Atlantis Hotel in Palm Jumeirah. Professor Kotler will be debuting his new theory, Marketing 3.0, which focuses on marketing after the recession.

It is expected that marketing and sales executives and students from around the world will be attending this once in a lifetime chance to be on the ground floor of Professor Kotler’s theory.  It goes without reason to say that anyone who is hoping to find a position in the Dubai sales and marketing sector will be attending to take advantage of the immense networking opportunities in hopes of securing employment.

Opportunities Abound for Women in Certain Business Management Roles in Dubai

The recent calculations of the workforce in Dubai have been released, and it clearly shows the result of the billions of dollars invested in infrastructure to recruit expatriates into the financial, real estate and tourism sectors. Over ninety percent of the workforce is made up of foreigners, with men out numbering women seven to one.

This vast difference between men and women in the Dubai workforce is largely due to the fact that 45% of the workforce is in the construction sector, which naturally attracts male workers. Fortunately for women, the projected sectors with significant growth in the next two quarters are human resources, sales, marketing and public relations. A fair percentage of these positions are of mid-management level or higher.

While continued growth in the non-constructor sectors will help even the male to female worker ratio some, it is unlikely to make it a clear 50/50 due to the number of ongoing construction projects in planning stages throughout Dubai. However, many of the sectors with the high growth are seeking more females for the work force.

The public relations sector in particular is seeing a high rate of recruitment, as PR firms struggle to keep up with client demands for post-recession marketing and reputation management. A large percentage of these firms have management vacancies that they are desperate to fill. This favors well for women who were left out of the last few years frantic hiring of construction workers, as recruiters and headhunters begin their searches to fill these newly created positions.

Virtualization is the Goal for Many Businesses in 2010

The information technology sector is about to be in high demand, and Dubai’s leading IT firms are going to need the staff to meet the expectations of clients. It is projected that the big “IT Spend” will reach USD 4.79 billion before the year’s end. The majority of this is being spent on virtualization.

Companies today need high-level efficiency to stay competitive in their market. Many of these companies are looking at virtualization as way to trim costs, speed up processes and streamline operations. The popularity of a virtualized cloud server is due to the cost savings and enhanced security it provides. From small businesses to major financial institutions, it seems like every company is clamoring for the chance to embrace what the IT sector has to offer.

In many areas of the world, including America, information technology jobs are being cut due to the economy. The increase in interest in the UAE provides a fantastic opportunity for IT specialists from abroad to find employment in Dubai. While hiring may be slow at first, as the regions IT firms try to source employees within the UAE, the demand is expected to be higher than what the local market can provide.

Recruiters and headhunters in Dubai have commented on the expected increase in need for IT professionals, and many have hinted that salaries in this sector will also be on the rise, with the combination of business virtualization and support for consumer IT services being the driving force of the hiring demand.

When Travelers Think Luxury, They Think Dubai

It is hard to argue the fact that Dubai is one of the most luxurious places in the world to visit, with its world-class hotels and restaurants. Despite recent economic slow downs in retail across the world, luxury brands like those produced by The Rivoli Group and Bin Hendi Enterprises saw profit increases of 20-25% over last year’s sales.

Dubai was listed as the 4th most luxurious market, just behind Paris, New York and London. Dubai was listed second worldwide in terms of global retailer presence, at 55%, beaten only by London which has 56% of the international brands. All of this bodes well for hospitality and tourism.

New luxury hotels have been appearing, and the airport is a major stimulant for the tourism industry in Dubai. MasterCard has once again endorsed travel to Dubai by sponsoring Summer Surprises 2010, which attracted 2.3 million visitors and over $3.37 billion in spending in 2009. MasterCard’s recent survey of consumer confidence reported that 88% of consumers in the UAE have plans to increase their recreational spending throughout the remainder of 2010.

In most other areas of the world, consumer spending is down and not expected to recover anytime soon. Tourism around the globe is at the lowest rates it has been in many years. Yet tourism and luxury retail in Dubai are rebounding faster than expected. Hospitality and tourism sectors should see rapid growth in the available number of open positions as the economy continues to improve, but candidate shortages may be a problem. This is good news for job seekers that want to break into the luxury hospitality and tourism industry in Dubai.

Candidate Shortages & Telecommunication Growth in Dubai Create Wealth of Opportunity for Engineers

The vast amount of engineering programs offered at the many universities in Dubai should be proof enough of the future of engineering in this region. The local media in Dubai seems to announce another new company opening every day that has a full team of engineers. When you consider these facts, along with the enormous amount of infrastructure projects being planned for 2011, you can see how the opportunity for employment for engineers in Dubai is ripe for the taking now and throughout the coming year.

Over 56% of employers that were part of a survey conducted by the Job Index in April stated they would be hiring in the next quarter. Of those, telecommunications tops the list of sectors with the most planned job growth. Although many of these companies are looking to hire, severe candidate shortages may get in the way.

Many people left the emirate last year when the economy had its most significant challenges. The negative media attention surrounding the hard financial times has made people from overseas reluctant to relocate. What these people fail to understand is that compared to the global economy, Dubai is looking pretty good from a financial stability standpoint.

Proof of the stability and growth is in the sheer volume of new business headquarters being opened and planned, as well as relative stability of the banking industry. Telecommunications has been seen extremely fast paced growth, and the positions need to be filled. For engineers with a telecommunications background, getting on board with these companies looking for their expertise would be advantageous, as things will only go up from here.