Construction and Hospitality Industry growth means more jobs in HR

As Dubai climbs back from the downturn in the economy that affected the world, so the number of opportunities for jobs increases. Foreign applicants in the HR and Recruitment areas of many different businesses are increasingly finding they are in demand as businesses in the Dubai and UAE regions look to hire the best people they can in order to facilitate maximum growth and efficiency.

Knowing what to look for in a potential employee is an art that is learned over many years, hence experienced HR staff are at a premium. With a particularly notable resurgence of the hospitality trade, and a number of new hotels complexes being built, there is much need for recruitment experts in the industry as new locations come on line all the time.

The same is true in the construction industry as bigger and bolder projects become reality; in particular road building is a major area where HR staff are required these days and the number of foreign workers in the trade is at an all time high.

Other industry areas where HR and recruitment staff are in great demand include the fast growing business support sector, with telephony staff needed in many areas, and also the banking industry which is experiencing a rapid influx of foreign banks entering the Dubai market.

Anyone who has experience in the recruitment trade would do well to look to Dubai as it undergoes renewed growth for the demand for staff at all levels is certain to increase.

Dubai Festival City re-awakens as hospitality trade revival continues

The recent economic downturn had a heavy impact on the Middle East, and Dubai in particular, yet there are signs that the hospitality and travel industry is beginning to enter a period of revival. One indication that there may be signs of hope in what is a potentially huge source of future income for the regions is the announcement that the Al-Futtaim group, based in Dubai, may be about to resume work on the mothballed Dubai Festival City development.

The project, including hotels in the Four Seasons and W Hotel lines, was first mooted when the former agreed to a hotel in the development some six years ago, yet only now is there a sign of the construction actually going ahead. Nevertheless, this is good news for those who are looking for jobs in the hospitality and travel industry and may lead to a further awakening of dormant projects.

With the Hyatt Regency Dubai announcing a new General Manager in recent days and looking to continue its successful tenure in the city, echoing the recent move by Raffles Dubai, there are definite signs that the hotel industry is returning to its former glory. Dubai offers excellent conditions for holidays and is becoming increasingly popular with western tourists looking to sample the luxury lifestyle, and the prospect for jobs in the region is becoming stronger.

With the UAE embracing the idea of hospitality as a money spinner there is much scope for vast future expansion, and with that comes the promise of more jobs not only in the hospitality and travel trade but in engineering and construction too.

UAE to link with Iranian electricity grid

The opportunities for engineering positions in Dubai and the UAE have always been promising, and it is forward thinking projects such as the proposal to link the electricity power grids of Iran and the UAE that lead to such opportunities.

Many projects are ongoing at all times in the region, where growth is a constant, and yet this one highlights just why such expertise is required.

Iran already has links to its electrical grid with a number of neighbouring countries and the intention to join up with the UAE is one that opens many new options. Iran’s Energy Minister, Majid Namjou, told the Mehr news agency why the program is important:

“Iran exchanges electricity with most of its neighbours and many of them are interested in increasing their electricity exchange with Iran.”

As the 19th biggest producer of electricity in the world Iran is well placed to export its output, and the UAE – currently in the processes of increasing its own power producing plants – is in need of partners in the area.

With foreign investment helping to speed up the construction of the three major new power plants in Iran, including over $700m from the UAE itself and almost half a million dollars from Germany, there is much scope for production of electricity in the region to be centred in Iran.

As such projects increase in size and scope so the prospect of jobs for overseas engineers does too, and that is just one reason why Dubai has become a popular place for engineering posts for expats.

Dubai Al-Ain road on target

Signs of the recovery of the Dubai construction industry are a regular feature of news reports these days as the region continues to weather the storm, and the recent announcement that the 53km main highway intended to connect Dubai with Al Ain is on course for completion next September (2011).

The road is a major construction undertaking, providing jobs for engineers in all works of the industry, and involves a complex series of tunnels and bridges in its efforts to bridge the gap. With a proposed speed limit of 140kmh it is designed to be a high speed transit route between the two major business regions in the area and will further encourage the economic growth that Dubai is party to of late.

The four lane highway is part of a drive to improve the infrastructure of transport networks in the Al Ain region and as the flagship project is under much scrutiny. The Al Ain Director of Roads has explained how the road will enhance the links that the Municipality needs in order to ensure that it is well placed to benefit from the future growth that is forecast for Dubai.

With many construction projects such as this underway in the region Dubai attracts a wide variety of potential employees in the construction industry and continues to promise excellent benefits and impressive salaries. The commitment to safety and 21st century standards in projects like the Al Ain road displays a step forward in the plan to enhance the prospects of Dubai as a major business centre.

Union Bank of India heads for Dubai

A further boost to the state of the economy in Dubai, and a pointer to future growth, comes with the announcement that the Union Bank of India is to open a branch in Dubai. With foreign investment in the region a major part of the recovery and growth process it is a promising sign when such a major bank moves into the market, and with the promise of help to Indian companies wishing to invest in Dubai there is plenty of scope for added investment opportunities.

Although the Union Bank of India has an office in Dubai this will be a fully fledged branch, and the Khaleej Times reports that the Chairman and Managing Director of the bank – M.V. Nair – has declared that the branch will be dedicated to helping the interests of Indians who are not resident in the region in their quest for business investment.

To be based in the Dubai International Finance Centre – the DIFC – which is the major international hub for the financial world in Dubai, the bank will, according to Nair, focus on foreign currency funding. The DIFC offers a place where trade is much more open, as the Chairman explained in his comments:

“In DIFC, we are permitted to do wholesale business and here the purpose would be… supporting the UAE and India trade that will be major focus.”

With Indian investment in the region growing all the time the announcement is a definite boon for Dubai at a time when foreign investment is vital to the growth of the economy.

Dubai based expats chased by UK debt collectors

The practice of fleeing Dubai with debts outstanding is one that has become well known in the world news in recent times, and that of people felling to the UAE to escape debts in other countries equally so, yet it has recently been announced that lenders in the UAE have been engaging British debt collecting agencies to chase those who have fled the region without settling what is outstanding.

Anyone who believes that they can leave their debts behind is in for a shock, as Michael Collyer, of Global Credit Solutions – a major collections company with offices across the world – told Arabian Business recently:

“From a debt collection point of view, a debt is payable anywhere in the world, wherever it has arisen. Just because a debtor moves country does not remove the responsibility for the debt.”

The problems begin with the court process in the UAE, and the complex legal questions surrounding debt that are a hindrance to the collections process. Reema Ashraf, of Adash and Partners in Dubai, shed light on the problem in her comments to Arabian Business:

“A court judgment in the country of origin of the debt is not automatically enforceable in the UAE unless there is a bi-lateral reciprocal treaty permitting exactly that. If there is no such treaty, then you would essentially need to litigate from scratch in the UAE and bring a claim for unpaid debt. The UAE Courts would have jurisdiction simply by virtue of the fact that the debtor is resident here.”

The difficulty in enforcing collections has so far been a deterrent, yet it would appear that the introduction of these major companies dedicated to surmounting the problem is a major step forward.