Tag: UAE

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The fintech industry in the UAE is experiencing a surge in growth.

The fintech industry in the UAE is experiencing a surge in growth, with the market size estimated to reach USD 2.5 billion by 2028, growing at a CAGR of 15% during the forecast period. This is due to the government’s initiatives to support the sector, such as the establishment of the Dubai International Financial Centre and Abu Dhabi Global Market. Additionally, the COVID-19 pandemic has accelerated the adoption of digital financial services.

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Hybrid working models in the UAE

Remote working has skyrocketed, almost overnight and many companies are grappling with what the future of work really looks like. Hybrid working models, which offer a blend of in-office and remote work, are emerging as a top contender. They allow employees to reap the benefits of both worlds—collaboration and camaraderie in the office, flexibility and autonomy at home—and give companies more recruitment and retention power. However, as a recruiter, I have noticed that job descriptions offering a hybrid working model are scarce in the UAE. Many managers are still hesitant to embrace hybrid working, believing that it may harm productivity and company culture

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Digital technology as a driver of Change in the UAE

The UAE is experiencing a significant transformation in the way businesses operate, and the adoption of digital technology is one of the primary drivers of this change. As we previously noted, this shift is having a significant impact on the country’s labor market, requiring workers to acquire new and advanced digital skills.

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SCALE-UP CULTURE IN EUROPE AND THE UAE: A COMPARATIVE ANALYSIS

The scale-up culture is a growing phenomenon that has been gaining traction in recent years. With the rise of digital transformation, startups have become an increasingly important part of the global economy. This has led to a surge in venture capital investments, government support, and regulatory frameworks designed to foster entrepreneurship and innovation. In this article, we will explore the differences and similarities between Europe and the UAE with regards to their respective scale-up cultures.

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Employing local start up talent in the UAE

The United Arab Emirates (UAE) is a hub for startups and entrepreneurs. With its vibrant economy and business-friendly environment, it’s no surprise that many companies are looking to set up shop in Dubai. However, when it comes to hiring employees, many employers overlook the advantages of employing local talent.

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undervaluing employees by offering salaries that are lower than the market rate

The world of business is a fierce and fast-paced environment where competition can be fierce. One of the key factors that can make or break a company is the talent and skill of its employees. Unfortunately, many employers make the mistake of undervaluing their employees by offering salaries that are lower than the market rate. This risky strategy can have a detrimental effect on the long-term success of a company, leading to high turnover rates, low morale, and decreased productivity.

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Looking to attract and retain top tech talent in 2023?

Looking to attract and retain top tech talent in 2023? The tech industry is booming, but competition in this space is fierce, and it’s essential to stand out from the crowd. According to a recent study by Harvard Business Review, traditional salary packages may no longer be the leading factor in recruiting top talent. So, how can your company step up its game?

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THE FUTURE OF HUMAN RESOURCES IN THE UAE: TRENDS AND INNOVATIONS

Human resources (HR) in the UAE is going through a period of transformation, driven by technological innovation, shifting priorities, and changing demographics. In this blog post, we will analyze the current state of HR in the UAE, exploring recent reports from Mckinsey, Bersin, Accenture, and Gartner to provide fact-based data that emphasizes trends in the human resources landscape. We’ll also explore new HR technology and game-changing innovations that are currently shaping HR in the UAE.

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How to Outsmart the Applicant Tracking System and Land Your Dream Job

The job search process can be daunting, especially with the rise of applicant tracking systems (ATS). ATS is software used by employers to screen and filter incoming job applications, making it crucial for job seekers to learn how to navigate them to increase their chances of landing their dream job. In this article, we’ll provide you with practical advice on how to outsmart ATS and improve your chances of getting noticed.

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The IT sector in the United Arab Emirates is in the midst of a revolution

The IT sector in the United Arab Emirates is in the midst of a revolution, set to grow at a potential compound annual growth rate (CAGR) of 7.9% between 2020 and 2025, according to a recent report by the Dubai Silicon Oasis Authority (DSOA). This rise can be attributed to several factors such as the government’s emphasis on digital transformation, increasing popularity of e-commerce, and incorporation of cutting-edge technologies such as artificial intelligence and blockchain.

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Why Company Culture Matters in Recruitment

In today’s competitive job market, attracting and retaining top talent can be a challenge for employers. However, one key factor that can make a significant difference is a strong company culture. In this post, we’ll explore why company culture matters in recruitment and provide examples of companies with successful cultures.

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five tips to help you navigate the salary conversation with your future employer

When it comes to salary negotiations in the hiring process, the most important thing you can do is know your worth. This means doing your research and understanding what you should realistically expect in terms of compensation, benefits, bonuses and other perks. Once you’ve reached this stage of the process, it’s crucial to negotiate strategically to ensure that you’re making the most of this opportunity.