83% of UAE finance firms plan to hire in next 3 months

According to a report in ArabianBusiness.com more than 80 percent of UAE finance executives will be recruiting in both the first quarter and first half of 2013, according to specialist financial recruiter Robert Half UAE.

Based on a survey of 75 chief financial officer and finance directors, first quarter hiring prospects will find 31 percent expanding their departments.

Another 52 percent said they will be maintaining levels by filling roles that have been vacated while only 12 percent of companies will be undergoing a hiring freeze in the first quarter and five percent will reduce headcount.

Dubai recruiting heavily

The Robert Half Financial Hiring Index found that Dubai-based financial leaders plan the most hiring activity in the first quarter with nearly four in 10 (37 percent) anticipating expanding their finance teams and 48 percent backfilling roles for vacated employees.

According to the survey, confidence levels among UAE executives continue to be strong with 81 percent confident about the country’s growth prospects in the coming six months and 92 percent confident in their own company’s prospects.

So, if you are looking for a new job or new career in Finance in Dubai, now is a great time to start applying.

About the author

Kazim Ladimeji is the Director of thecareercafe.co.uk—a resource for start-ups, small business and job seekers. It includes a blog with career and small business advice articles. Kazim is a Chartered Member of the Chartered Institute of Personnel and Development, and has been a practising HR professional for 14 years.

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