- The Gulf region continues stable economic growth despite lower oil prices, with most firms maintaining or increasing employment. Healthcare and education are the fastest growing sectors.
- Governments are increasing pressure on employers to hire more nationals to address high youth unemployment. This nationalization challenge is most significant in Oman and Saudi Arabia.
- Expats continue dominating the workforce but competition from a growing Indian economy and some visa restrictions are posing challenges for employers in attracting talent.
- Pay rises have accelerated in recent years to around 7% on average as firms compete for talent amid rising costs of living, and are projected to increase further in 2015. Oman saw the highest salary growth while construction wages rose the most among
The document summarizes employment and salary trends in the Gulf region. It finds that while economic growth has remained stable, the decline in oil prices has begun to impact the oil and gas sector through some downsizing. Healthcare and education have seen the most growth in job creation across countries. Nationalization policies pushing companies to replace expatriates with local citizens remains a major challenge, especially in Saudi Arabia and Oman. Overall salaries increased at their highest rates since the financial crisis in 2014 and are projected to continue rising in 2015, with Oman seeing the highest increases. The UAE remains the most attractive location and highest retaining country for expatriate workers in the region.
Oman is working to diversify its economy and reduce dependence on oil revenues. It has seen success in growing non-oil sectors like manufacturing, transport, tourism and financial services, which together grew the economy by 5.2% in 2014. However, oil still accounts for around 60% of exports and the bulk of government revenues. Further development of non-oil industries and attracting foreign investment are seen as important to continue economic diversification.
The United Arab Emirates (UAE) is a rapidly developing economy with an approximate population of 8 million. Its GDP was estimated at US$390bn in 2013, making it the 29th largest economy in the world and the second largest in the Middle East. Its GDP per capita is approximately US$43,000, the 19th highest globally.
The UAE has a tightening labor market where 85% of the workforce comes from overseas. It has a population of 9.2 million people, with Emiratis making up only 1 million and expats from places like India, Pakistan, Bangladesh, the Philippines and Western countries making up the other 8 million. Major industries include petroleum, fishing, manufacturing and construction. The job market is affected by rules like employers sponsoring visas and medical tests being required. While jobs are growing, attracting and retaining talent is challenging due to factors like a small local population and competition from other countries. Salaries vary greatly between local, Asian and Western employees.
The QE index declined 0.6% led by losses in the Insurance and Telecoms indices. Mesaieed Petrochemical Holding Co. and Doha Bank were the top losers falling 10.0% and 9.1% respectively, while Medicare Group rose 4.0% and Qatar German Co for Medical Dev rose 3.6%. Trading volume fell slightly to 14.4mn shares but was higher than the 30-day average. Selling pressure from Qatari shareholders led the decline despite buying from non-Qatari investors.
Ksa 2019 salary trends report (mid year) cooper fitchJanie-Lee Brown
This report details Cooper Fitch findings on salary trends within the Kingdom of Saudi Arabia since the release of our annual Salary Guide in January, where we predicted the rise of salaries by 4% across the country in 2019. We take a look at current salary growth or decline according to data collated mid-year 2019, with the trends impacting the numbers.
The Middle East is a treasure trove of jobs and has always been a frontier for the best job opportunities across a wide spectrum of sectors. This Slide presents the current career status in the MIddle East, targeting the career opportunities, country wise status, different recruitment trends and much more.
The document summarizes employment and salary trends in the Gulf region. It finds that while economic growth has remained stable, the decline in oil prices has begun to impact the oil and gas sector through some downsizing. Healthcare and education have seen the most growth in job creation across countries. Nationalization policies pushing companies to replace expatriates with local citizens remains a major challenge, especially in Saudi Arabia and Oman. Overall salaries increased at their highest rates since the financial crisis in 2014 and are projected to continue rising in 2015, with Oman seeing the highest increases. The UAE remains the most attractive location and highest retaining country for expatriate workers in the region.
Oman is working to diversify its economy and reduce dependence on oil revenues. It has seen success in growing non-oil sectors like manufacturing, transport, tourism and financial services, which together grew the economy by 5.2% in 2014. However, oil still accounts for around 60% of exports and the bulk of government revenues. Further development of non-oil industries and attracting foreign investment are seen as important to continue economic diversification.
The United Arab Emirates (UAE) is a rapidly developing economy with an approximate population of 8 million. Its GDP was estimated at US$390bn in 2013, making it the 29th largest economy in the world and the second largest in the Middle East. Its GDP per capita is approximately US$43,000, the 19th highest globally.
The UAE has a tightening labor market where 85% of the workforce comes from overseas. It has a population of 9.2 million people, with Emiratis making up only 1 million and expats from places like India, Pakistan, Bangladesh, the Philippines and Western countries making up the other 8 million. Major industries include petroleum, fishing, manufacturing and construction. The job market is affected by rules like employers sponsoring visas and medical tests being required. While jobs are growing, attracting and retaining talent is challenging due to factors like a small local population and competition from other countries. Salaries vary greatly between local, Asian and Western employees.
The QE index declined 0.6% led by losses in the Insurance and Telecoms indices. Mesaieed Petrochemical Holding Co. and Doha Bank were the top losers falling 10.0% and 9.1% respectively, while Medicare Group rose 4.0% and Qatar German Co for Medical Dev rose 3.6%. Trading volume fell slightly to 14.4mn shares but was higher than the 30-day average. Selling pressure from Qatari shareholders led the decline despite buying from non-Qatari investors.
Ksa 2019 salary trends report (mid year) cooper fitchJanie-Lee Brown
This report details Cooper Fitch findings on salary trends within the Kingdom of Saudi Arabia since the release of our annual Salary Guide in January, where we predicted the rise of salaries by 4% across the country in 2019. We take a look at current salary growth or decline according to data collated mid-year 2019, with the trends impacting the numbers.
The Middle East is a treasure trove of jobs and has always been a frontier for the best job opportunities across a wide spectrum of sectors. This Slide presents the current career status in the MIddle East, targeting the career opportunities, country wise status, different recruitment trends and much more.
Saudi Arabia economic transition beyond oilBruno Gremez
Very interesting report prepared by Mc Kinsey in December 2015, which resonates today as we have heard about many key initiatives taken by Crown Prices Mohammad bin Salman.
This document discusses opportunities for small and medium enterprises (SMEs) in Africa to support economic growth and job creation. It notes that while Africa has experienced economic growth in recent years, this growth has largely been driven by commodity exports and has not effectively reduced poverty or inequality. For growth to be more inclusive and sustainable, SMEs will need to play a larger role by diversifying economies, creating jobs, boosting skills development, and improving access to capital, markets, and infrastructure. The document advocates for solutions that support SMEs through skills training, financing, market access, and innovative business models.
BIPS is a leading human resources consulting organization that provides overseas recruitment services, primarily in GCC countries. It has over a decade of experience in industries like oil/gas, construction, engineering, and healthcare. BIPS partners with over 50 clients across multiple countries and aims to be a global leader in staffing solutions through innovative recruitment strategies and a talented pool of resources.
Next generation Africa-GCC Business Ties in a Digital EconomyDubaiChamber
This document summarizes a report on business ties between Africa and Gulf Cooperation Council (GCC) countries among millennial entrepreneurs. It finds that young business leaders in both regions are increasingly drawn to entrepreneurship due to high youth unemployment. They tend to favor flexibility, empowerment, and technology-enabled businesses. While awareness of opportunities between Africa and GCC is still limited, increased access to technology and mobility is enabling entrepreneurs to pursue regional strategies. Consumer sectors like retail, finance, and food are seen as promising areas for collaboration, as both regions face similar challenges and opportunities for partnerships. Practical challenges like currency volatility and lack of information remain hurdles.
The document outlines Saudi Arabia's strategy for economic diversification beyond oil. It discusses:
1) Saudi Arabia's history of diversification efforts in infrastructure, education, and privatization.
2) Opportunities in organic chemicals, oil-related engineering products, and pharmaceuticals due to growing demand, export potential, and regional markets.
3) The strategy to diversify by creating empowered industrial zones led by ministries to coordinate capabilities development through vocational schools, foreign partnerships, and Saudi business involvement from deal-making to implementation.
This inaugural GCC Wealth Insight Report by Emirates Investment Bank and Brunswick Insight, draws attention to the GCC economy and its investment community. The GCC Wealth Insight Report is based on a survey of High Net Worth Individuals (HNWIs) across the Gulf Cooperation Council (GCC).
Saudi Arabia has a population of 29.2 million and a GDP of $937.2 billion with 3.8% growth. Unemployment is 5.5% and inflation is 3.5%. The economy relies heavily on oil production and exports but the government is focused on diversifying the economy and attracting private investment in sectors like petrochemicals and automobiles. Major challenges for new businesses include finding Saudi sponsors and partners. The main industries beyond oil include petrochemicals, automobiles, cement, and metals. The government's future plans include renewable energy projects and expanding agriculture, mining, and tourism.
The future of work is within sight. New technology, geopolitical changes and the ongoing skills shortage are affecting organizations across the
globe, and emerging markets such as the UAE will need to adapt to be successful in the new working world.
Saudi Arabia - Emergence of an Innovation Kingdom | An Aranca Special Report ...Aranca
Supported by resilient collaboration between the government, academia, and industry, the Kingdom of Saudi Arabia has laid the foundation for a knowledge-driven economy. Innovation-led strategic transformation is underway in the Kingdom and is likely to be the foundation of the next wave for economic and social progress.
Dr Dev Kambhampati | Doing Business in Qatar - 2014 Country Commercial Guide ...Dr Dev Kambhampati
This document provides an overview and guide for doing business in Qatar. Some key points:
- Qatar has a strong economy driven by oil and gas but is diversifying into other sectors like construction for upcoming 2022 World Cup.
- Opportunities exist in infrastructure, healthcare, education for the growing population and World Cup projects expected to total $220 billion.
- Challenges include foreign ownership limits of 49%, requirements to use local agents, and lack of transparency in government procurement.
- The guide provides advice on market entry strategies like finding reliable local partners and maintaining some independence.
The document discusses the results of a survey of airline CEOs conducted by PwC. According to the survey:
- Airline CEOs believe three main trends will transform their industry over the next five years: shifts in global economic power, technological advances, and demographic changes.
- Airline CEOs are more optimistic about revenue growth prospects than CEOs in other industries. However, their optimism is tempered by the volatility of the airline business.
- In the short term, airline CEOs are pursuing a balanced approach to growth focused on new markets, existing markets, pricing, and product/service innovation. However, over-reliance on price strategies and lack of innovation could pose risks.
This document provides an executive summary and overview of the Egyptian economy and stock market. It discusses the global economic slowdown, impact of the Egyptian currency devaluation, and performance of the Egyptian stock market index in 2015. It identifies real estate, banking, power and contracting, and food and beverages as preferred sectors. The summary also notes that regaining investor confidence through reforms will be key to economic recovery. Security selection is emphasized as important given challenges in the Egyptian market.
Saudi Arabia's economy has traditionally been heavily dependent on oil, with around 90% of government revenue coming from oil exports. However, fluctuating oil prices present a risk to the stability of the economy. The document discusses Saudi Arabia's efforts to diversify its economy and transition to a post-oil economy. It identifies eight sectors, including mining, manufacturing, and tourism, that show promise for sustainable growth. The conclusion emphasizes that Saudi Arabia must confront challenges through economic reform, private sector development, and more sustainable fiscal management to realize its full economic potential beyond oil.
SAGE Energy Corporation is looking to expand into the United Arab Emirates natural gas market. The UAE was ranked as the most suitable country for SAGE to enter based on factors such as ease of business entry, business environment, political stability, tax system, and overall risk. The UAE has a large natural gas market and reserves, low business and tax risks, and a stable political environment, making it an excellent opportunity for SAGE's natural gas compression products and services.
Aviation Finance '' Fasten Your Seatbelt ''Seda Eskiler
The aviation industry is experiencing record levels of aircraft orders driven by several factors:
1) Airlines' desire to replace aging fleets and reduce fuel costs with more efficient new aircraft models.
2) Growth in emerging markets is fueling demand for air travel and more planes.
3) Low cost carriers are replicating successful business models and driving more orders.
4) Some orders contain speculative elements as airlines seek competitive advantages through new technologies.
While there are genuine business needs behind many orders, the record backlogs will be a challenge to finance as traditional banks retreat and costs rise. New investors may provide opportunities for deploying capital in aircraft assets.
The QSE Index gained 0.1% led by the Insurance and Transportation indices. Qatar Insurance Co. and Qatar Navigation were the top gainers rising 2.0% and 1.5% respectively. Volume fell 60.6% to 7.2mn shares traded. In company news, Aamal Company posted a 24.5% rise in net profit to QR103mn for 1Q2015. Qatar Electricity & Water inaugurated a 2000MW power plant in Oman, the largest in the country. The industrial sector PPI in Qatar rose 3.6% in February 2015.
The QE index rose marginally to close at 9,372.2, led by gains in the Insurance and Banking & Financial Services indices. Top gainers were Doha Insurance Co. and Islamic Holding Group. Regional indices were mixed with Saudi Arabia and Kuwait rising while Abu Dhabi and Oman declined. News articles discussed QNB Group forecasting a small moderation in Qatar's current account surplus, MEED report stating Qatar's non-oil sector will drive economic growth and Ooredoo planning a $15 billion investment to expand Myanmar's mobile network.
The QE index in Qatar rose 0.6% led by gains in the telecom and transportation indices. Top gainers were Qatar General Insurance and Al Ahli Bank, rising 2.9% each. Volume traded declined 49.8% from the previous day. Regional indices were mixed with Dubai and Oman rising while Abu Dhabi fell.
The QE Index in Qatar rose 0.6% led by gains in the telecom and real estate indices. Commercial Bank of Qatar and Gulf Warehousing Co. were the top gainers. Regional markets were mixed with Saudi Arabia and Dubai rising while Kuwait and Bahrain declined. A QNB Group report said that Qatar's investment spending is expected to increase during 2014-2016 driven by major infrastructure projects for the 2022 World Cup.
https://www.cedengineering.com/courses/description-of-useful-hvac-terms
This course contains a compilation of almost 1000 bits and pieces of HVAC terminology, definitions and/or descriptions that will help resolve ambiguities in common usage of terms in normal interactions of people, infrastructure and environment. The compilation is arranged in an alphabetical order for easy referencing. The detailed description can be traced in handbooks and the web sites. This course document is a constant work in progress and your feedback is always welcome in an effort to continually update it.
This online PDH course is aimed at mechanical, electrical, controls and HVAC engineers, architects, building designers, contractors, estimators, energy auditors and facility managers and other professionals who plan, design, construct, manage and use the building services infrastructure.
Manufacturing Project Management Training SolutionsESI14
ESI has been delivering an extensive suite of customised project management training to the world's leading manufacturing organisations since 1984. We have assisted clients across all sectors of the manufacturing industry in improving efficiency, project success and their bottom line through our broad delivery of training formats.
Saudi Arabia economic transition beyond oilBruno Gremez
Very interesting report prepared by Mc Kinsey in December 2015, which resonates today as we have heard about many key initiatives taken by Crown Prices Mohammad bin Salman.
This document discusses opportunities for small and medium enterprises (SMEs) in Africa to support economic growth and job creation. It notes that while Africa has experienced economic growth in recent years, this growth has largely been driven by commodity exports and has not effectively reduced poverty or inequality. For growth to be more inclusive and sustainable, SMEs will need to play a larger role by diversifying economies, creating jobs, boosting skills development, and improving access to capital, markets, and infrastructure. The document advocates for solutions that support SMEs through skills training, financing, market access, and innovative business models.
BIPS is a leading human resources consulting organization that provides overseas recruitment services, primarily in GCC countries. It has over a decade of experience in industries like oil/gas, construction, engineering, and healthcare. BIPS partners with over 50 clients across multiple countries and aims to be a global leader in staffing solutions through innovative recruitment strategies and a talented pool of resources.
Next generation Africa-GCC Business Ties in a Digital EconomyDubaiChamber
This document summarizes a report on business ties between Africa and Gulf Cooperation Council (GCC) countries among millennial entrepreneurs. It finds that young business leaders in both regions are increasingly drawn to entrepreneurship due to high youth unemployment. They tend to favor flexibility, empowerment, and technology-enabled businesses. While awareness of opportunities between Africa and GCC is still limited, increased access to technology and mobility is enabling entrepreneurs to pursue regional strategies. Consumer sectors like retail, finance, and food are seen as promising areas for collaboration, as both regions face similar challenges and opportunities for partnerships. Practical challenges like currency volatility and lack of information remain hurdles.
The document outlines Saudi Arabia's strategy for economic diversification beyond oil. It discusses:
1) Saudi Arabia's history of diversification efforts in infrastructure, education, and privatization.
2) Opportunities in organic chemicals, oil-related engineering products, and pharmaceuticals due to growing demand, export potential, and regional markets.
3) The strategy to diversify by creating empowered industrial zones led by ministries to coordinate capabilities development through vocational schools, foreign partnerships, and Saudi business involvement from deal-making to implementation.
This inaugural GCC Wealth Insight Report by Emirates Investment Bank and Brunswick Insight, draws attention to the GCC economy and its investment community. The GCC Wealth Insight Report is based on a survey of High Net Worth Individuals (HNWIs) across the Gulf Cooperation Council (GCC).
Saudi Arabia has a population of 29.2 million and a GDP of $937.2 billion with 3.8% growth. Unemployment is 5.5% and inflation is 3.5%. The economy relies heavily on oil production and exports but the government is focused on diversifying the economy and attracting private investment in sectors like petrochemicals and automobiles. Major challenges for new businesses include finding Saudi sponsors and partners. The main industries beyond oil include petrochemicals, automobiles, cement, and metals. The government's future plans include renewable energy projects and expanding agriculture, mining, and tourism.
The future of work is within sight. New technology, geopolitical changes and the ongoing skills shortage are affecting organizations across the
globe, and emerging markets such as the UAE will need to adapt to be successful in the new working world.
Saudi Arabia - Emergence of an Innovation Kingdom | An Aranca Special Report ...Aranca
Supported by resilient collaboration between the government, academia, and industry, the Kingdom of Saudi Arabia has laid the foundation for a knowledge-driven economy. Innovation-led strategic transformation is underway in the Kingdom and is likely to be the foundation of the next wave for economic and social progress.
Dr Dev Kambhampati | Doing Business in Qatar - 2014 Country Commercial Guide ...Dr Dev Kambhampati
This document provides an overview and guide for doing business in Qatar. Some key points:
- Qatar has a strong economy driven by oil and gas but is diversifying into other sectors like construction for upcoming 2022 World Cup.
- Opportunities exist in infrastructure, healthcare, education for the growing population and World Cup projects expected to total $220 billion.
- Challenges include foreign ownership limits of 49%, requirements to use local agents, and lack of transparency in government procurement.
- The guide provides advice on market entry strategies like finding reliable local partners and maintaining some independence.
The document discusses the results of a survey of airline CEOs conducted by PwC. According to the survey:
- Airline CEOs believe three main trends will transform their industry over the next five years: shifts in global economic power, technological advances, and demographic changes.
- Airline CEOs are more optimistic about revenue growth prospects than CEOs in other industries. However, their optimism is tempered by the volatility of the airline business.
- In the short term, airline CEOs are pursuing a balanced approach to growth focused on new markets, existing markets, pricing, and product/service innovation. However, over-reliance on price strategies and lack of innovation could pose risks.
This document provides an executive summary and overview of the Egyptian economy and stock market. It discusses the global economic slowdown, impact of the Egyptian currency devaluation, and performance of the Egyptian stock market index in 2015. It identifies real estate, banking, power and contracting, and food and beverages as preferred sectors. The summary also notes that regaining investor confidence through reforms will be key to economic recovery. Security selection is emphasized as important given challenges in the Egyptian market.
Saudi Arabia's economy has traditionally been heavily dependent on oil, with around 90% of government revenue coming from oil exports. However, fluctuating oil prices present a risk to the stability of the economy. The document discusses Saudi Arabia's efforts to diversify its economy and transition to a post-oil economy. It identifies eight sectors, including mining, manufacturing, and tourism, that show promise for sustainable growth. The conclusion emphasizes that Saudi Arabia must confront challenges through economic reform, private sector development, and more sustainable fiscal management to realize its full economic potential beyond oil.
SAGE Energy Corporation is looking to expand into the United Arab Emirates natural gas market. The UAE was ranked as the most suitable country for SAGE to enter based on factors such as ease of business entry, business environment, political stability, tax system, and overall risk. The UAE has a large natural gas market and reserves, low business and tax risks, and a stable political environment, making it an excellent opportunity for SAGE's natural gas compression products and services.
Aviation Finance '' Fasten Your Seatbelt ''Seda Eskiler
The aviation industry is experiencing record levels of aircraft orders driven by several factors:
1) Airlines' desire to replace aging fleets and reduce fuel costs with more efficient new aircraft models.
2) Growth in emerging markets is fueling demand for air travel and more planes.
3) Low cost carriers are replicating successful business models and driving more orders.
4) Some orders contain speculative elements as airlines seek competitive advantages through new technologies.
While there are genuine business needs behind many orders, the record backlogs will be a challenge to finance as traditional banks retreat and costs rise. New investors may provide opportunities for deploying capital in aircraft assets.
The QSE Index gained 0.1% led by the Insurance and Transportation indices. Qatar Insurance Co. and Qatar Navigation were the top gainers rising 2.0% and 1.5% respectively. Volume fell 60.6% to 7.2mn shares traded. In company news, Aamal Company posted a 24.5% rise in net profit to QR103mn for 1Q2015. Qatar Electricity & Water inaugurated a 2000MW power plant in Oman, the largest in the country. The industrial sector PPI in Qatar rose 3.6% in February 2015.
The QE index rose marginally to close at 9,372.2, led by gains in the Insurance and Banking & Financial Services indices. Top gainers were Doha Insurance Co. and Islamic Holding Group. Regional indices were mixed with Saudi Arabia and Kuwait rising while Abu Dhabi and Oman declined. News articles discussed QNB Group forecasting a small moderation in Qatar's current account surplus, MEED report stating Qatar's non-oil sector will drive economic growth and Ooredoo planning a $15 billion investment to expand Myanmar's mobile network.
The QE index in Qatar rose 0.6% led by gains in the telecom and transportation indices. Top gainers were Qatar General Insurance and Al Ahli Bank, rising 2.9% each. Volume traded declined 49.8% from the previous day. Regional indices were mixed with Dubai and Oman rising while Abu Dhabi fell.
The QE Index in Qatar rose 0.6% led by gains in the telecom and real estate indices. Commercial Bank of Qatar and Gulf Warehousing Co. were the top gainers. Regional markets were mixed with Saudi Arabia and Dubai rising while Kuwait and Bahrain declined. A QNB Group report said that Qatar's investment spending is expected to increase during 2014-2016 driven by major infrastructure projects for the 2022 World Cup.
https://www.cedengineering.com/courses/description-of-useful-hvac-terms
This course contains a compilation of almost 1000 bits and pieces of HVAC terminology, definitions and/or descriptions that will help resolve ambiguities in common usage of terms in normal interactions of people, infrastructure and environment. The compilation is arranged in an alphabetical order for easy referencing. The detailed description can be traced in handbooks and the web sites. This course document is a constant work in progress and your feedback is always welcome in an effort to continually update it.
This online PDH course is aimed at mechanical, electrical, controls and HVAC engineers, architects, building designers, contractors, estimators, energy auditors and facility managers and other professionals who plan, design, construct, manage and use the building services infrastructure.
Manufacturing Project Management Training SolutionsESI14
ESI has been delivering an extensive suite of customised project management training to the world's leading manufacturing organisations since 1984. We have assisted clients across all sectors of the manufacturing industry in improving efficiency, project success and their bottom line through our broad delivery of training formats.
Water and air are essential for life on Earth. Burning one gallon of gasoline produces 20 pounds of carbon dioxide because most of the weight comes from the oxygen in the air, not the gasoline. When gasoline burns, the carbon combines with oxygen to form carbon dioxide, whose molecules contain carbon weighing 12 and oxygen weighing 32, for a total atomic weight of 44.
This document discusses executive functions and the role of teachers in helping students develop executive functions. It also discusses using apps to support learning and lists some example apps. The document encourages trying out apps on Monday and reflecting on how they could be used in one's own teaching.
This document discusses using IATI data like bees use locations of nectar sources. It suggests IATI data needs direction and flexible tools to be useful for different audiences, providing examples of potential new tools that build on IATI data. It also asks whether the focus should be on carrying all IATI data or collecting only the most useful parts, like bees focus on the best nectar sources.
This document provides an overview of different types of air conditioning systems, focusing on direct expansion (DX) and chilled water systems. It describes the basic components and functioning of DX systems, including split and packaged units. It also covers chilled water systems and compares air-cooled and water-cooled condenser options. Key terms related to cooling system efficiency are defined.
Oil and Gas Project Management Training SolutionsESI14
ESI has been delivering an extensive suite of customised project management training to the world's leading oil and gas organisations since 1984. We have assisted clients across all sectors of the energy industry in improving efficiency, project success and their bottom line through our broad delivery of training formats.
How to use RiskyProject software for project risk management and risk analysis in oil and gas industry.
For more information how to perform schedule risk analysis using RiskyProject software please visit Intaver Institute web site: http://www.intaver.com.
About Intaver Institute.
Intaver Institute Inc. develops project risk management and project risk analysis software. Intaver's flagship product is RiskyProject: project risk management software. RiskyProject integrates with Microsoft Project, Oracle Primavera, other project management software or can run standalone. RiskyProject comes in three configurations: RiskyProject Lite, RiskyProject Professional, and RiskyProject Enterprise.
Project Management Foundations Series Course 102 - Project Management ProcessesThink For A Change
The document provides an overview of a project management foundations course on project management processes. The course is targeted at students with little experience in formal project management concepts and frustrated with failed or poorly organized projects. The course covers introduction to project management processes, the five process groups of initiating, planning, executing, monitoring and controlling, and closing, as well as an example quiz reviewing the content.
The Azerbaijan Section of the Project’s Oil Pipeline including valve and pig trap stations, laying of Fiber Optic cable and tie-ins at pumping stations.
The Pipeline links the Caspian sea oil wells with the Mediterranean Sea ship tankers port.
The capacity is1 million barrels of crude oil flow per day
This document is a guide created by the Oil & Gas Accountability Project (OGAP) to help landowners understand oil and gas development processes and impacts. It outlines the typical stages of development including exploration, field organization, production, and site abandonment. It also describes common extraction methods like seismic testing, drilling, fracturing and discusses associated environmental and community issues. The guide aims to inform landowners of their rights and responsibilities regarding mineral leases and development on their property.
The document discusses the proposed Iran-Pakistan gas pipeline project and the various conflicts surrounding it. It provides background on fossil fuel usage and scarcity. It then discusses the history of oil and gas pipelines as well as past conflicts where oil was used as a weapon. It outlines the proposed Iran-Pakistan gas pipeline project and competing proposed pipelines. It analyzes potential opposition and perceived conflicts from countries like the US, Saudi Arabia, and India. It also examines intentions of countries involved regarding the different pipeline projects.
Difference Between Piping and Pipeline -Piping vs pipelineVarun Patel
Learn about the difference between Piping and Pipeline. When it comes to transport the fluid, Piping and Pipeline are most frequent words use in Oil & Gas industries. Let us explore the similarity and differences between Piping and Pipeline. Piping and Pipeline both use to transport various liquid, gases and sometimes slurry and powder material.
Project Management Foundations Course 101 - Project Management ConceptsThink For A Change
This document provides an overview of an introductory project management course. The course covers three key segments: an introduction to project management concepts like the project lifecycle and how projects are organized; the typical project management lifecycle phases from initiation to closing; and how projects are organized through different structures and the roles involved like project managers. The goal is to provide students with little experience an overview of fundamental project management principles.
This document provides a summary of a report on human resources management at Engro Corporation in Pakistan. It includes a job analysis for the position of Director of Human Resources, including a job description, specifications, responsibilities, and recruitment and selection procedures. Specifically, it describes the duties and qualifications for the Director role, discusses Engro's emphasis on equal opportunity and diversity in hiring, and outlines their internship and management trainee recruitment processes. Key performance indicators and compensation structures are also mentioned.
Oil & Gas Plant Construction, Project Execution PlanDavid H Moloney
Details of how a Gas & Oil Plant is constructed, and how the progress, safety and quality is monitored and controlled. Also the measures to ensure that the site is environmentally friendly.
This is a great introduction to Step Up To Writing that I plan on using with my kids and sharing with my parents. It is from (I believe) Mountainview Middle School
Piping Training course-How to be an Expert in Pipe & Fittings for Oil & Gas c...Varun Patel
Course Description
Piping a must know skill to work in Oil & Gas and similar Process Industries.
Oil and Gas industry is become a very competitive in the current time. Getting right mentor and right exposer within industry is difficult. With limited training budget spent by company on employee training, it is difficult to acquire the knowledge to success.
Knowing cross-functional skill give you an edge over others in your career success.
This course design based on years of field experience to ensure student will comprehend technical details easily and enjoy overall journey.
Learn in detail every aspect of Pipe & Pipe Fittings used in process industry
•Different types of Pipe, Pipe fittings (Elbow, Tee, reducers, Caps etc.), Flanges, Gaskets, Branch Connection, Bolting materials
•Materials (Metal-Carbon Steel, Stainless Steel, Alloy Steel etc. Non-Metal- PVC/VCM, HDPE, GRE-GRP etc.)
•Manufacturing methods
•Heat treatment requirements
•Inspection and Testing requirements (Non Destructive Testing, Mechanical & Chemical testing)
•Dimensions & Markings requirements
•Code & Standard used in piping
Content and Overview
With 2 hours of content including 30 lectures & 8 Quizzes, this course cover every aspect of Pipe, Pipe fittings, flanges, gaskets, branch connections and bolting material used in Process Piping.
This Course is divided in three parts.
1st part of the course covers fundamental of process industries. In this Part, you will learn about fundamental process piping. You will also learn about Code, Standard & Specification used in process industries.
2nd part cover various types of material used in process industries. In this part, you will learn about Metallic and Non-Metallic material used to manufacture pipe and other piping components.
3rd parts covers in detail about pipe and piping components used in Process piping. In this part we will learn about Industry terminology of Piping components, types of industrial material grade used in manufacturing and entire manufacturing process of these components. You will learn about different manufacturing methods, Heat treatment requirements, Destructive and Non-destructive testing, Visual & Dimensional inspection and Product marking requirements.
Upon completion, you will be able to use this knowledge direct on your Job and you can easily answer any interview question on pipe & fittings.
The three key principles of project management are planning, communication, and risk management. Planning involves defining the project activities, schedule, resources, and dependencies. Communication involves regularly informing all stakeholders about the project. Risk management involves identifying, evaluating, and mitigating potential risks to the project. Regular monitoring and adaptation are also important aspects of effective project management.
High valuations and a loss of momentum in risk assets have left them vulnerable to rising volatility
The focus now is on quantitative tightening but the increase in global debt poses bigger risks over the longer term
Sweeping societal changes in Saudi Arabia are breathtaking in scope but it’s difficult to attach a numerical value to developments or model for stock values
The Saudi stock index is having a stellar year so far but not all is well across the other GCC markets
The Aramco IPO has raised questions about its impact on the Tadawul index and the GCC markets more broadly
The consistent call on the banks and petrochemical companies has been vindicated by their steady performance
The bar to transformational change is very high and the obstacles significant. Pain before gain
The GCC is in a fateful economic battle that has troubling cyclical, structural, and systemic components — driven by risks around oil and a disruptive post-pandemic digital world for which it is ill-prepared. Businesses are unravelling as entitlements are withdrawn and regulations rolled back. This paper proposes to reframe relationship between the public and private sectors, rewarding companies that transition from dependency and hopeless business models, while helping govts achieve fiscal sustainability.
Qatar is expected to lead GCC economic growth in 2014 at 6% due to large infrastructure projects and domestic consumption. The IMF forecasts overall GCC growth of 4.4% in 2014 as governments increase spending on sectors like education, healthcare, and infrastructure to diversify economies and reduce reliance on oil. Qatar, UAE, and Saudi Arabia are expected to see the highest growth rates while Kuwait's growth will lag at 2.6% due to its oil reliance. Economic growth in the GCC will remain tied to oil prices and supply dynamics.
Greetings,
Attached FYI ( NewBase Special 10 September 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• UAE: IMC Awards function concluded with recognition yesterday.
• Qatar scores high in BMI trade, investment market risks index
• Saudi oil Expectations of shake-up stir uncertainty
• Saudi Arabia maintained crude oil market share in Asia in the
• Egypt: Eni sees Egypt's Zohr gas field investment at $6-10 billion
• Kenya: Erin Energy awarded licence extension offshore
• EU: GE’s Alstom buyout approved by EU
• Oil prices fall as Asia's leading economies
• Global Energy E&P cuts topping U$D132 Billion in 2 years
• UK: Low oil price accelerating decommissioning in the UKCS
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Aranca has compiled a special report on Saudi Arabia’s journey till 2025, highlighting the Kingdom’s economic potential, its influence on the region’s economy and opportunities available. Check out the report here!
Saudi Arabia on the Move - An Aranca Special Report 2013Srinivas Macha
The Kingdom of Saudi Arabia (KSA), a completely oil-dependent economy until a few decades ago,
has now transformed into one of the most vibrant economies in the Middle East. Today, the country has
a diversified economic structure, strong international trade links, a stable political environment, strong
fiscal surplus and a vibrant financial services sector. Saudi Arabia’s increasing contribution to the global
economy has earned it a permanent seat at the G-20 -- the only OPEC member to get the honour. As the
exclusive knowledge partner for The Euromoney Saudi Arabia Conference 2013, Aranca has compiled
a special report on Saudi Arabia’s journey till 2025, highlighting the Kingdom’s economic potential,
its influence on the region’s economy and opportunities available. Given Saudi Arabia’s tremendous
potential as an attractive investment destination, we foresee opportunities in the financial sector as
the Kingdom looks to fund its growth plans. We also delve into the challenges around fully exploiting
demographic dividends, reducing reliance on public funding, attracting foreign investors, and reforming
capital markets and financial institutions
The MENA region is expected to see strong economic growth in 2013 and 2014, according to QNB Group. GCC countries will continue investing heavily in infrastructure and diversifying their economies, boosting non-oil GDP growth rates of 3.5-4% this year and 4.5-5% next year. While oil importers face risks from global demand and domestic politics, their economies are also expected to recover thanks to improved global and domestic demand. Overall the MENA region should remain an important contributor to global growth in the coming years.
Frothy global assets are flashing warning signs despite the lack of an obvious catalyst to sell
Political action to redress rising inequality may provide the trigger
Avoiding major market corrections can have a huge impact on long term portfolio returns
The outlook for oil remains murky but expectations for a significant rally have receded
Macro-economic indicators suggest a subdued outlook for the GCC
Profits for listed regional companies are stable but the ‘subsidy arbitrage’ is over
New base energy news issue 838 dated 26 april 2016Khaled Al Awadi
Greetings,
Attached FYI ( NewBase Special 26 April March 2016 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In today’s issue you will find news about:-
• Saudi Arabia economic transformation as Drop in oil prices force reforms for after oil
• What’s In Saudi Arabia’s Blueprint for Life After Oil?
• Qatar Shell sees big potential for gas-to-liquids from Qatar
• Egypt: Energean completes 2D seismic survey onshore ahead of drilling
• Turkmenistan Adding More Infrastructure to Increase Gas Supply to China
• Canada's Oil Rebound Elusive as Rig Count Drops to Record Low
• Oil futures stable with Brent at 44.84 and WTI at 42.85 U$/B
• $390bn fall in exports for Mena oil producers
we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
Lees ons rapport over trends in recruiting en verloning, wereldwijd binnen de Oil & Gas branche.
http://www.hays.nl/published-articles/publicaties-506589
MIDDLE EAST INVESTMENT OPPORTUNITES FOR PRIVATE EQUITYsanthoshkrish
The document discusses opportunities for private equity investment in the Middle East region. It notes that private equity has historically accounted for only 0.1% of the global $2.3 trillion industry, but that the Middle East economies are growing rapidly, with real GDP growth exceeding 5% in most countries. Several factors are driving large infrastructure investment requirements in the region over the next 5-10 years, including population growth, economic diversification away from oil, and underinvestment. The private equity industry in the Middle East is also growing rapidly and could help meet the region's investment needs.
Greetings,
Attached FYI ( NewBase Special 16 March 2015 ) , from Hawk Energy Services Dubai . Daily energy news covering the MENA area and related worldwide energy news. In todays’ issue you will find news about:-
• Qatar: Energy exports term sales to help Qatar ‘partially shield’ its budget from price fall, says IIF
• UAE :DEWA announces Shams Dubai to regulate generation of solar energy in buildings and connection to its grid Iraq: Egyptian General Petroleum Corporation Farms Into Block 9
• Iraq: Oil majors companies offer to cut 2015 spending
• China’s plan to grow cleaner, but economical difficulties a head
• Oil prices drop again and countries build up inventories
• Oil Falls to 6-Year Low as Dollar Holds Gain; China Shares Rally
• U.S. Seeks More Crude for Strategic Reserve After 2014 Sale
• IEA Sees China, India Filling Strategic Reserves With Cheap Oil
As this daily news periodical is free for you, we would appreciate your actions to send to all interested parties that you may wish. Also note that if you or your organization wish to include your own article or advert in our circulations, please send it to :-
khdmohd@hotmail.com or khdmohd@hawkenergy.net
Best Regards.
Khaled Al Awadi
Energy Consultant & NewBase Chairman - Senior Chief Editor
MS & BS Mechanical Engineering (HON), USA
Emarat member since 1990
ASME meme since 1995
Hawk Energy since 2010
The document summarizes economic trends in Nigeria for March 2015. It notes that global growth is expected to be led by the US economy in 2015, but US consumer spending has slowed in early 2015, pointing to slower Q1 growth. Oil prices rose in February but most metals prices fell. In Nigeria, the Senate revised budget assumptions for 2015, lowering the oil benchmark price. The IMF commended Nigeria's economic diversification efforts but noted vulnerabilities remain. Nigeria's GDP growth declined to 5.94% in Q4 2014, led by the non-oil sector. Inflation rose in January while interest rates increased. The CBN devalued the naira and closed the official exchange rate window in February.
The document provides an economic insight into the UAE for 2013. It summarizes that real GDP growth was the strongest since 2006 at 4.4% in 2012, driven by expansion in the oil and gas sector and a recovery in the non-oil sector. Private consumption and investment growth were particularly strong. The fiscal surplus is estimated to have increased to 5.9% of GDP in 2012 due to expenditure consolidation. GDP growth is projected to slow slightly to 4.0% in 2013 and 3.8% in 2014 as oil production growth declines but the non-oil sector continues expanding.
Oman Is on Its Way to a New Growth Model QNB Group
Oman is transitioning to a new economic growth model driven by the non-hydrocarbon sector as oil production plateaus. Growth in recent years has been driven by a large expansion in government spending financed by high oil revenues. However, this makes the economy vulnerable to fluctuations in oil prices. To achieve sustainable growth, Oman needs further economic reforms to diversify revenue, boost the private sector, and contain rising government expenditures which have increased its break-even oil price.
This document provides an IMF Article IV-style report on the economy of the United Arab Emirates (UAE) in 2013. It summarizes key economic issues including strong stock market performance driven by increased capital inflows, the monetary policy of maintaining a fixed exchange rate with the US dollar, reliance on oil exports for income which could be impacted by declining global demand, and efforts to diversify the economy through growth in non-oil sectors such as tourism and construction projects. While the UAE economy grew rapidly in the 2000s, it was impacted by the global financial crisis and Dubai's real estate market decline. However, the economy has stabilized since through debt restructuring and remains insulated from political instability in the region.
This document provides summaries of several topics:
1. It summarizes Saudi Arabia's economic challenges of a changing energy market and growing workforce, and the need to diversify the economy, increase private sector growth, and boost women's and youth participation.
2. It briefly outlines the key issues debated at the 21st UN Climate Conference, including disagreement over temperature targets and financing commitments by developed countries.
3. It notes that the Reserve Bank of India kept its key interest rates unchanged in its December policy statement.
Global integration could raise MENA growth prospectsQNB Group
Greater integration of MENA ex-GCC countries into the global economy through increased trade openness and competitiveness could boost long-term growth in the region, according to QNB Group. While GCC countries have higher trade openness and drive current growth, all MENA countries have room for improvement compared to global leaders in trade. Structural reforms to remove trade barriers and improve infrastructure, innovation, and labor markets could lead to sustainable growth across MENA in the long run.
The document discusses the state of stock markets in GCC countries. While some markets have cooled, stock prices in Saudi Arabia have remained resilient despite high valuations. Money continues flowing into the markets but underlying fundamentals are showing signs of deterioration. Earnings growth is expected to slow sharply this year. There are also signs of economic stresses in countries like Dubai from high inflation and rising interest rates. A significant portion of earnings over the past year have come from non-recurring sources like property revaluations, which are unlikely to be repeated at the same scale. Overall the risk-reward profile remains skewed to the downside for investing in local markets.
The Rules Do Apply: Navigating HR ComplianceAggregage
https://www.humanresourcestoday.com/frs/26903483/the-rules-do-apply--navigating-hr-compliance
HR Compliance is like a giant game of whack-a-mole. Once you think your company is compliant with all policies and procedures documented and in place, there’s a new or amended law, regulation, or final rule that pops up landing you back at ‘start.’ There are shifts, interpretations, and balancing acts to understanding compliance changes. Keeping up is not easy and it’s very time consuming.
This is a particular pain point for small HR departments, or HR departments of 1, that lack compliance teams and in-house labor attorneys. So, what do you do?
The goal of this webinar is to make you smarter in knowing what you should be focused on and the questions you should be asking. It will also provide you with resources for making compliance more manageable.
Objectives:
• Understand the regulatory landscape, including labor laws at the local, state, and federal levels
• Best practices for developing, implementing, and maintaining effective compliance programs
• Resources and strategies for staying informed about changes to labor laws, regulations, and compliance requirements
2. 1Employment & Salary Trends in the Gulf
Despite the slump in oil prices and conflicts in
neighbouring countries, the Gulf region continues
to enjoy a stable pace of economic growth, with
most firms maintaining employment levels or
increasing headcount. Most governments have
so far used their large reserves to keep spending
and investment plans at previous levels.
The impact of the oil price fall has so far been
limited to firms in the oil and gas sector, some
of which have been downsizing. There has also
been some slowdown in Bahrain and Oman,
the countries with lower cash reserves where
governments have started to reduce their
investment on infrastructure projects.
Across the region, the fastest growing sector is
healthcare, driven by a combination of growing
populations, massive government investment,
and regulatory changes making health insurance
mandatory for employers.
While the region remains a major importer of
expatriate talent, the need to create jobs for
a fast-growing local population continues. As
such, governments are increasing the pressure
on employers to reduce their reliance on an
expatriate workforce and fill a higher share of
their roles with nationals. This is most notable in
Saudi Arabia and Oman, where nationalisation
is the biggest human resource challenge for
employers.
Conflicts and tensions across the broader Middle
East region have increased the supply of talent
from the affected countries to the Gulf. However,
several Gulf countries have imposed restrictions
on nationals of war-torn countries seeking
employment in the Gulf, preventing employers
from absorbing this pool of talent.
Pay rises across the region averaged 6.7% in
2014, the highest average increase since the
financial crisis, and are projected to accelerate
further in 2015 to 6.9%. This is driven by the
competition for talent and rising cost of living
and, in the case of Oman, increasing unionisation
of the workforce. At the same time, the strength
of the US dollar, to which most Gulf currencies
are pegged, is helping make Gulf salaries more
attractive for expatriates, reducing upward
pressure on wages.
The UAE, and particularly Dubai, remain the
region’s most popular destinations for expatriates.
Qatar ranks second in popularity with newcomers,
but has very low retention as the cost of living and
the ban on expatriates switching employers drives
many to leave.
The outlook for 2015 remains positive, with
employers in most sectors expecting to grow.
However, much depends on what happens to
the oil price. With the region’s heavy reliance
on expatriate talent from India, the accelerating
economic growth in India can also pose an
increasing challenge to employers.
GulfTalent
April 2015
Executive Summary
3. 2
Contents
Economic and Political Background 3
Recruitment Trends 4
Mobility 6
Salaries 7
2015 Outlook 9
Country Highlights 11
Appendix: Useful Information 12
Research Methodology 13
About GulfTalent 14
.
4. 3Employment & Salary Trends in the Gulf
Stable economic growth
The regional economy continues to grow at a
stable pace, faster than most of the world, though
below the levels seen in the fast-growing markets
of India and China. Continued investment by
GCC governments in infrastructure development
remains a key driver of growth and job creation,
with projects such as Gulf Railway, Jeddah Metro
and Qatar stadiums driving significant activity.
GDP Growth
%, 2015
Source: Economist Intelligence Unit,
Economist, Asian Development Bank
Low oil prices
With the region heavily dependent on exports
of crude oil, the collapse in the oil price during
the second half of 2014 has reduced growth
expectations. For the time being, damage
seems to be limited to the oil sector, and some
government-linked projects in Bahrain and
Oman, the more vulnerable countries with smaller
reserves. Others such as Saudi Arabia have
seen almost no impact, as they draw on their
massive cash reserves to maintain spending and
investment.
Crude Oil Price
USD per Barrel (Brent)
Source: World Bank
Regional conflicts
With the exception of Bahrain, Gulf countries have
been islands of stability in a region torn by tension
and conflict. However, on-going violent conflict in
Syria, Iraq and Yemen, and tensions elsewhere
in Lebanon and Egypt have had some impact,
in some cases benefiting the Gulf countries by
increasing the flow of talent and capital to them.
Middle East – Key Conflict Zones
2015
Economic and Political Background
-4.0%
1.3%
3.2%
3.5%
7.2%
7.8%
EU
US
GCC
China
India
Source: Economic Intelligence Unit,
Economist, Asian Development Bank
Russia
GDP Growth comparison graph
40
60
80
100
120
2012 2013 2014 2015
Size reference box ( 7 cm X 4 cm)
Oil price graph
Crude Oil Price
USD per Barrel (Brent)
Source: World Bank
Middle East – Key Hotspot 2014
Middle East – Key Hotspots
2014
Qatar
Bahrain
Saudi Arabia
Syria
Egypt
Yemen
Oman
Iraq
Kuwait
Lebanon
UA
GDP Growth
%, 2015
%
1.3%
3.2%
3.5%
7.2%
7.8%
EU
US
GCC
China
India
conomic Intelligence Unit,
t, Asian Development Bank
Russia
rowth comparison graph
40
60
80
100
120
2012 2013 2014 2015
erence box ( 7 cm X 4 cm)
Oil price graph
Crude Oil Price
USD per Barrel (Brent)
Source: World Bank
Middle East – Key Hotspot 2014
Middle East – Key Hotspots
2014
Qatar
Bahrain
Saudi Arabia
Syria
Egypt
Yemen
Oman
Iraq
Kuwait
Lebanon
UAE
owth
Middle East – Key Hotspot 2014
Middle East – Key Hotspots
2014
Qatar
Bahrain
Saudi Arabia
Syria
Egypt
Yemen
Oman
Iraq
Kuwait
Lebanon
UAE
Jordan
5. 4
Recruitment Trends
Saudi Arabia leading job creation
Across the region, more firms increased
headcount last year than those who reduced it.
Saudi Arabia topped the list, where 72% of firms
reported expansion. Bahrain had the lowest net
job creation, with only 22% of firms expanding.
Employment Growth by Country
Net percentage of firms which increased headcount, 2014
* Insufficient data for Kuwait.
Source: GulfTalent Survey of HR Managers
Dubai growth. Qatar slowdown
While Saudi Arabia remains the biggest net
creator of jobs, the UAE and particularly Dubai
continued to enjoy a recovery, witnessing
a healthy increase in their share of regional
recruitment activity. Qatar on the other hand saw
a slowdown in recruitment during 2014, driven by
uncertainty over its World Cup award, and internal
pending reviews on the awarding of projects.
Recruitment Volume by Location
Percentage of vacancies advertised on GulfTalent *
* Based on 130,000 vacancies advertised on GulfTalent.com website
over the specified period.
Source : GulfTalent
Healthcare and education expanding
Healthcare has recently been the fastest
growing sector across the region, with 82% of
firms increasing headcount in 2014, followed
by education at 80%. Growing populations and
government investment are driving both sectors.
New regulations making health insurance
mandatory on employers is also contributing to
the sector’s expansion. Worst performing has
been the oil and gas sector, where only 34% of
firms created new jobs and some have been in
the process of downsizing.
Employment Growth by Sector
Net % of firms which increased headcount in 2014
Source: GulfTalent Survey of HR Managers
72%
61%
59%
38%
22%
0%
Saudi Arabia
Oman
UAE
Qatar
Bahrain
Kuwait N/A*
Employment Growth by Country
Net percentage of firms which increased
headcount
* Insu cient data for Kuwait
Source: GulfTalent Survey of HR Managers
Recruitment Volume by Location
Percentage of vacancies advertised on GulfTalent
Dubai
UAE (Ex: Dubai)
Saudi Arabia
Kuwait/Bahrain/Oman
Source: Based on 130,000 vacancies advertised on
GulfTalent.com over the specified period. Prevalenc
online recruitment varies across the region.
Employment growth graph
Recruitment volume graphs
34%
36%
63%
72%
77%
78%
80%
80%
82%
Oil & Gas
Travel & Hospitality
Banking
Retail & Consumer
Engineering
Transport & Logistics
Media & Marketing
Education
Healthcare
Employment Growth by Sector
Net % of firms which increased headcount in 2014
Source: GulfTalent Survey of HR Managers
Employment growth by sector
Nationalisation Pressure on Employers
Percentage of employers reporting nationalisation
key human resource challenge in 2014
Source: GulfTalent Survey of HR Managers
95%
84%
55%
53%
28%
6%
Oman
Saudi Arabia
Bahrain
Kuwait
UAE
Qatar
Nationalization chart
Qatar
440%35%37%
31%
1717%
14%
18%
22%
23
19%
20%
18%20%
1016%
20%17%16%
98%11%10%11%
202013201220112010
Recruitment Volume by Location
Percentage of vacancies advertised on GulfTalent *
Dubai
UAE (Exc: Dubai)
Saudi Arabia
Kuwait/Bahrain/
Oman
* Based on 130,000 vacancies advertised on
GulfTalent.com over the specified period.
Source : GulfTalent
Recruitment volume graphs
Qatar
41%40%35%37%31%
17%17%
14%
18%
22%
23%19%
20%
18%20%
10%16%
20%17%16%
9%8%11%10%11%
20142013201220112010
72%
61%
59%
38%
22%
0%
Saudi Arabia
Oman
UAE
Qatar
Bahrain
Kuwait N/A*
Employment Growth by Country
Net percentage of firms which increased
headcount
* Insu cient data for Kuwait
Source: GulfTalent Survey of HR Managers
Employment growth graph
34%
36%
63%
72%
77%
78%
80%
80%
82%
Oil & Gas
Travel & Hospitality
Banking
Retail & Consumer
Engineering
Transport & Logistics
Media & Marketing
Education
Healthcare
Employment Growth by Sector
Net % of firms which increased headcount in 2014
Source: GulfTalent Survey of HR Managers
Employment growth by sector
6. 5Employment & Salary Trends in the Gulf
Nationalisation pressure
In their effort to create jobs for their citizens, GCC
governments continue to push companies to
replace some of their expatriate employees with
nationals. Attracting and retaining nationals while
maintaining the mix of skills needed to operate
their business remains a major challenge for
employers. The pressure is greatest in Oman and
Saudi Arabia, where almost all employers cited
nationalisation as a key challenge. It remains the
least in Qatar and the UAE, where nationalisation
targets are significantly lower and confined to
certain sectors only, and are less strictly enforced.
Nationalisation Pressure on Employers
Percentage of employers reporting nationalisation as a key
human resource challenge in 2014
Source: GulfTalent Survey of HR Managers
Competition from India
As the Indian economy continues to grow at a
rapid pace and create attractive employment
opportunities for its citizens, employers in the
Gulf are finding it increasingly difficult to attract
professionals from India, traditionally a major
source of talent for them. With the newly elected
Indian government embarking on massive
economic reforms expected to lead to more job
creation, the issue is likely to intensify.
“It is difficult to attract Indian
talent. Nowadays they have
ample opportunities back
home, with good salaries.
”General Manager
Saudi-based Engineering Firm
Visa restrictions
Governments in the GCC are increasingly
restricting the choice of nationalities available
for companies to employ. In particular, visa
applications for nationals of countries facing
tensions or civil war, such as Syria and Egypt, are
frequently rejected or delayed. This is limiting the
ability of employers to absorb the talent seeking
to escape the conflict zones.
“We had a great candidate
from Syria but his visa was
rejected and we lost him.
”HR Manager
UAE-based Construction Firm
Recruitment Volume by Location
Percentage of vacancies advertised on GulfTalent
Dubai
UAE (Ex: Dubai)
Saudi Arabia
Kuwait/Bahrain/Oman
Source: Based on 130,000 vacancies advertised on
GulfTalent.com over the specified period. Prevalence of
online recruitment varies across the region.
Recruitment volume graphs
Nationalisation Pressure on Employers
Percentage of employers reporting nationalisation as a
key human resource challenge in 2014
Source: GulfTalent Survey of HR Managers
95%
84%
55%
53%
28%
6%
Oman
Saudi Arabia
Bahrain
Kuwait
UAE
Qatar
Nationalization chart
Qatar
41%40%35%37%
31%
17%17%
14%
18%
22%
23%
19%
20%
18%20%
10%16%
20%17%16%
9%8%11%10%11%
20142013201220112010
7. 6
UAE attracts most expatriates
The UAE continues to maintain its status as the
most attractive location in the Gulf for expatriates.
Over 60% of professionals surveyed chose the
UAE as the place where they would like to work.
Furthermore, 88% of expatriates already residing
in the country expressed a desire to remain
there, the highest retention rate among all GCC
countries. The country’s popularity stems from
attractive employment opportunities, excellent
infrastructure and relatively liberal social norms.
Attraction of Expatriates
% of GCC-based expats outside each country who wish to
relocate into it
Source: GulfTalent Survey
Qatar popular, but retention low
Qatar remains the second most popular
destination for expatriates, though its popularity
has declined sharply since its peak in 2010 when
it was chosen to host the World Cup. The country
also has one of the lowest retention rates, as the
high cost of living and the ban on expatriates
switching jobs prompt many to leave.
Retention of Expatriates
Percentage of expatriates within country who wish to
remain there
Source: GulfTalent Survey
Oman ban drives expats away
Oman recently introduced restrictions on
expatriates changing employment. While helping
employers retain staff, it is driving some expats
to seek opportunities elsewhere in the Gulf. As a
result, the country’s retention rate has fallen to the
lowest in the region.
“Expatriate resignations have
gone down in our company,
but anyone who is resigning
now is leaving the country.
”HR Manager
Oman-based Multinational
Mobility
0%
20%
40%
60%
2009 2010 2011 2012 2013 2014
Attraction of Expatriates
% of GCC-based expats outside each country who
wish to relocate into it
UAE
Qatar
Saudi Arabia
Oman
Kuwait
Bahrain
Source: GulfTalent Survey
Oman
Retention of Expatriates
Percentage of expatriates within country who wish to
remain there
20132014
88%
60%
49%
45%
43%
47%
Source: GulfTalent Survey
88%
61%
55%
50%
48%
30%
UAE
Kuwait
Bahrain
Saudi Arabia
Qatar
Oman
8. 7Employment & Salary Trends in the Gulf
Pay rises accelerating
During 2014, Gulf salaries rose at their highest
average rate since the financial crisis and they are
forecast to increase at an even higher rate during
2015. This is largely driven by stable economic
growth, competition for local and expatriate
talent, rising cost of living in some countries,
and government measures such as pay rises for
nationals and raising the level of minimum wage.
GCC Average Salary Increase
2007 - 2015
* Forecast
Source: GulfTalent Surveys
Oman tops salary rises
During 2014, Oman had the region’s highest
salary increase, averaging 7.6%. In the aftermath
of the Arab spring, the country has witnessed the
emergence of powerful trade unions embarking
on collective bargaining with employers on a
scale never previously seen in the Gulf.
Saudi Arabia saw the second highest average
salary increase, as competition to attract and
retain Saudi talent drove up wages.
Private Sector Salary Increase by Country
Source: GulfTalent Survey
Construction tops pay rises
Among sectors, construction firms saw the highest
pay rises during 2014, as governments across
the region continued their massive investment in
infrastructure projects.
Healthcare and education, despite their rapid
expansion, continued to see some of the lowest
pay rises. Banking also saw lower than average
pay rises.
Salary Increase by Industry
Percentage, 2014
Source: GulfTalent Survey
Salaries
9.0%
11.4%
6.2% 6.1%
5.5%
6.2% 5.9%
6.7% 6.9%
2007 2008 2009 2010 2011 2012 2013 2014 2015*
Source: GulfTalent Survey
GCC Average Salary Increase
2007 - 2015
* Forecast
7.4%
6.7%
5.6%
5.3%
4.0%
5.4%
7.6%
7.5%
6.5%
6.2%
5.9%
5.7%
Oman
Arabia
Qatar
UAE
ahrain
Kuwait
e Sector Salary Increase by Country
20132014
e: GulfTalent Survey
7.8%
7.3%
7.2%
6.8%
6.8%
5.8%
5.6%
5.1%
5.1%
5.0%
Construction
Telecoms & IT
Logistics
Retail
Oil & Gas
Real Estate
Healthcare
Banking
Hospitality
Education
Salary Increase by Industry
Percentage, 2014-2015
Source: GulfTalent Survey
Increase by Job Category
4-2015
7.3%
7.1%
6.8%
6.8%
HR
ering
IT
ance
1.1
1.2
1.3
vs. British
Pound
vs. Euro
Change in Value of Gulf Currencies (Pegged to
USD) 2014-2015, indexed to Jan 2014
7.4%
6.7%
5.6%
5.3%
4.0%
5.4%
7.6%
7.5%
6.5%
6.2%
5.9%
5.7%
Oman
Saudi Arabia
Qatar
UAE
Bahrain
Kuwait
Private Sector Salary Increase by Country
20132014
Source: GulfTalent Survey
Salary Increase by Job Category
%, 2014-2015
7.3%
7.1%
6.8%
6.8%
6.7%
6.1%
5.9%
HR
Engineering
IT
Finance
Sales
Admin
Marketing
Source: GulfTalent Survey
9. 8
High pay rises for HR
Among job categories, HR professionals enjoyed
the highest pay rises, signaling the return of HR to
prominence as companies seek to expand their
talent base.
Marketing professionals surveyed have reported
the lowest average pay rises, possibly as a result
of the shift to digital, reducing companies’ need to
invest in traditional media and marketing.
Salary Increase by Job Category
%, 2014
Source: GulfTalent Survey
Strong dollar
Pegged to the US dollar, Gulf currencies have
risen in value over the past year against several
major currencies. This has helped increase the
value of Gulf salaries for expatriates, particularly
those sending a significant share of their income
back home in remittances.
Change in Value of Gulf Currencies (Pegged to USD)
2014-2015, indexed to Jan 2014
Source: OANDA
7.4%
6.7%
5.6%
5.3%
4.0%
5.4%
7.6%
7.5%
6.5%
6.2%
5.9%
5.7%
Oman
Arabia
Qatar
UAE
ahrain
Kuwait
e Sector Salary Increase by Country
20132014
e: GulfTalent Survey
7.8%
7.3%
7.2%
6.8%
6.8%
5.8%
5.6%
5.1%
5.1%
5.0%
Construction
Telecoms & IT
Logistics
Retail
Oil & Gas
Real Estate
Healthcare
Banking
Hospitality
Education
Salary Increase by Industry
Percentage, 2014-2015
Source: GulfTalent Survey
Increase by Job Category
4-2015
7.3%
7.1%
6.8%
6.8%
6.7%
6.1%
5.9%
HR
ering
IT
ance
Sales
dmin
eting
ce: GulfTalent Survey
0.9
1
1.1
1.2
1.3
2014 2015
vs. Indian Rupee
vs. British
Pound
vs. Euro
vs. Philippine Peso
Change in Value of Gulf Currencies (Pegged to
USD) 2014-2015, indexed to Jan 2014
Source: OANDA
7.4%
6.7%
5.6%
5.3%
4.0%
5.4%
7.6%
7.5%
6.5%
6.2%
5.9%
5.7%
Oman
Saudi Arabia
Qatar
UAE
Bahrain
Kuwait
Private Sector Salary Increase by Country
20132014
Source: GulfTalent Survey
7.8%
7.3%
7.2%
6.8%
6.8%
5.8%
5.6%
5.1%
5.1%
5.0%
Construction
Telecoms & IT
Logistics
Retail
Oil & Gas
Real Estate
Healthcare
Banking
Hospitality
Education
Salary Increase by Industry
Percentage, 2014-2015
Source: GulfTalent Survey
Salary Increase by Job Category
%, 2014-2015
7.3%
7.1%
6.8%
6.8%
6.7%
6.1%
5.9%
HR
Engineering
IT
Finance
Sales
Admin
Marketing
Source: GulfTalent Survey
0.9
1
1.1
1.2
1.3
2014 2015
vs. Indian Rupee
vs. British
Pound
vs. Euro
vs. Philippine Peso
Change in Value of Gulf Currencies (Pegged to
USD) 2014-2015, indexed to Jan 2014
Source: OANDA
10. 9Employment & Salary Trends in the Gulf
Rising salaries
Salaries across the region are forecast to rise in
2015 at an average rate of 6.9%, compared to
6.7% in the previous year. Qatar is expected to
see the highest average pay increase at 8.3%,
driven by rising cost of living and the need to
attract talent to the country. Employers in Oman,
under pressure from an increasingly unionised
workforce, plan to award the second highest
average pay rise at 7.2%. This is followed by Saudi
Arabia and the UAE at 7.1%.
Expected Average Pay Rise
%, 2015 Forecast
Source: GulfTalent Surveys
Construction tops pay rises
Across the region, the construction sector is
expected to offer the highest average pay rise at
10%, as employers compete for talent to deliver
large-scale infrastructure projects. Not surprisingly,
the oil and gas sector is expected to have the
lowest average pay rise, with slower growth
and job losses in the sector around the world
shifting the supply-demand balance in favour of
employers.
Expected Average Pay Rise by Sector
%, 2015 Forecast
Source: GulfTalent Surveys of HR Managers
Moderate hiring activity
Employers in most GCC countries reported plans
to create new jobs in 2015, though mostly at a
lower rate than the previous year. The highest
headcount increase reported is for Qatar with 66%
of firms reporting an intent to increase headcount
in 2015, followed by Saudi Arabia where the figure
was 53%. The lowest expectations of headcount
increase were for Kuwait and Bahrain.
Employment Growth by Country
Net percentage of firms increasing headcount
Source: GulfTalent Survey of HR Managers
* Insufficient data for Kuwait
2015 Outlook
6.5%
7.6%
7.5%
6.2%
5.9%
5.7%
Expected Average Pay Rise
%, 2015 Forecast
20142015 Forecast
8.3%
7.2%
7.1%
7.1%
7.0%
5.0%
Qatar
Oman
Saudi Arabia
UAE
Bahrain
Kuwait
Source: GulfTalent Surveys
38%
72%
61%
59%
N/A*
22%
Employment Growth by Country
Net percentage of firms increasing
headcount
20142015 Forecast
66%
53%
49%
47%
38%
38%
Qatar
Saudi Arabia
Oman
UAE
Kuwait
Bahrain
Source: GulfTalent Survey of HR Managers
* Insu cient data for Kuwait
6.5%
7.6%
7.5%
6.2%
5.9%
5.7%
pected Average Pay Rise
2015 Forecast
20142015 Forecast
8.3%
7.2%
7.1%
7.1%
7.0%
5.0%
Qatar
Oman
udi Arabia
UAE
Bahrain
Kuwait
ource: GulfTalent Surveys
38%
72%
61%
59%
N/A*
22%
Employment Growth by Country
Net percentage of firms increasing
headcount
20142015 Forecast
66%
53%
49%
47%
38%
38%
Qatar
Saudi Arabia
Oman
UAE
Kuwait
Bahrain
Source: GulfTalent Survey of HR Managers
* Insu cient data for Kuwait
10.0%
7.7%
6.8%
6.3%
6.2%
5.9%
5.8%
5.6%
5.5%
5.4%
Construction
Logistics
Retail
Healthcare
Real Estate
Telecoms & IT
Education
Banking
Hospitality
Oil & Gas
Expected Average Pay Rise by sector
%, 2015 Forecast
Source: GulfTalent Surveys of HR managers
7.8%
7.2%
6.8%
5.6%
7.3%
5.0%
5.1%
5.1%
6.8%
2015 Forecast 2014
11. 10
Healthcare tops hiring
The healthcare sector has the highest forecast
for headcount increase in 2015 with 79% of firms
expecting to hire more talent. Oil and Gas and
Telecom/IT sectors reported the lowest forecast,
with only around one-third of firms planning
expansion.
Employment Growth by Sector
Net percentage of firms increasing headcount
Source: GulfTalent Survey of HR Managers
Oil uncertainty
The impact of the oil price slump has so far been
limited to some project cuts in Oman and Bahrain,
with most governments using their reserves to
maintain spending. If the price recovers by the
end of the year, as some analysts expect, there
is unlikely to be any major impact on the regional
economy. However, if prices persist at current
levels into 2016, governments will inevitably feel
the need to reduce spending which will feed
through to the rest of the economy and likely
reduce employment opportunities. The possibility
of a recession cannot be ruled out.
Oil Price Needed to Balance Budget
USD
Source: IMF
Indian economic growth
The Indian economy, already fast growing, has
received a major boost from plunging crude oil
prices as well as the economic reforms planned
by the newly elected government. As a result, it is
widely expected to have the fastest growth rate
of any major economy, outpacing China’s growth
for the first time since 1999. This is likely to make
it even tougher than before for Gulf employers
to attract professionals from India, putting further
upward pressure on salaries.
Salary Rise Forecast
2015 %
Source: Hay Group, Aon Hewitt, GulfTalent
125
106
104
77
60
54
Bahrain
KSA
Oman
UAE
Qatar
Kuwait
Oil price Needed to Balance Budget
USD
Source: IMF
April 2015 price
= $60
Oil price chart
Budget
surplus
Budget
deficit
10.6%
8.0%
6.9%
2.8% 2.5%
India China GCC US UK
Salary Rise Forecast
2015 %
Source: Hay Group, Aon Hewitt, GulfTalent
Salary rise forecast
7.6%
6.5%
7.5%
6.2%
5.9%
5.7%
Expected Average Pay Rise
%, 2015 Forecast
20142015 Forecast
11.0%
10.2%
7.1%
7.1%
7.0%
5.0%
Oman
Qatar
Saudi Arabia
UAE
Bahrain
Kuwait
Source: GulfTalent Surveys
30%
70%
57%
61%
86%
43%
Employment Growth by Country
Net percentage of firms increasing
headcount
20142015 Forecast
66%
53%
49%
47%
38%
38%
Qatar
Saudi Arabia
Oman
UAE
Kuwait
Bahrain
Source: GulfTalent Survey of HR Managers
Employment Growth by Sector
Net percentage of firms increasing
headcount
20142015 Forecast
79%
77%
71%
63%
54%
54%
53%
37%
28%
Healthcare
Real Estate
Retail
Hospitality
Construction
Banking
Logistics
Oil & Gas
Telecom & IT
63%
50%
75%
74%
62%
33%
70%
21%
24%
Source: GulfTalent Survey of HR Managers
Employment growth by industry
125
106
104
77
60
54
Bahrain
KSA
Oman
UAE
Qatar
Kuwait
Oil price Needed to Balance Budget
USD
Source: IMF
April 2015 price
= $56
Oil price chart
Budget
surplus
Budget
deficit
12. 11Employment & Salary Trends in the Gulf
Saudi Arabia
• The Saudisation drive continues under the
Nitaqat system, with employers receiving
benefits and penalties based on the Saudistion
level achieved in their workforce
• Return of foreign-educated Saudis to the
Kingdom is providing a fresh pool of talent
• A new online system, Abshir, has radically
simplified visa application and processing
Qatar
• Construction sector is expanding, with many
government infrastructure projects finally
starting in preparation for the World Cup
• Under pressure from international media, the
government has increased enforcement of
employee rights, and has launched a Wage
Protection System, similar to the UAE
• Rise in real estate prices a growing concern
Oman
• Huge pressure on employers to hire nationals,
including at senior level
• Growing trade union activity forcing employers
to offer higher salaries
• Significant cuts in government spending,
particularly on oil-related projects
• New restrictions on expats, such as limits on
switching jobs, is leading to an exodus of expats
to the rest of the Gulf
UAE
• Visa restrictions on nationals from war-torn
countries have made it difficult to source talent
from these countries
• Mandatory health insurance is forcing all firms to
extend this benefit to employees
• Increasing cost of living, particularly housing,
a growing concern for residents and their
employers
Kuwait
• Increasing cost of living is making it difficult for
employees to manage expenses.
• The government has cut its budget in response
to falling oil prices, likely to lead to some
slowdown in the economy
• Visa restrictions on certain nationalities are
pushing employers to explore alternative
sources of talent
Bahrain
• Stringent implementation of nationalisation
policy with penalties for non-compliant
employers
• Cuts in government spending due to the slump
in oil revenues
• Minimum wage introduced for Bahrainis in
private sector, subsidised by the government
Country Highlights
13. 12
Appendix: Useful Information
Salary Rise by Country
(Percentage rise in Base Salary)
Country Saudi Arabia Kuwait Qatar Oman Bahrain UAE
2013 6.7% 5.4% 5.6% 7.4% 4.0% 5.3%
2014 7.5% 5.7% 6.5% 7.6% 5.9% 6.2%
2015* 7.1% 5.0% 8.3% 7.2% 7.0% 7.1%
Economic Growth
(Percentage real GDP change)
Country Saudi Arabia Kuwait Qatar Oman Bahrain UAE
2013 3.7% 2.3% 5.5% 4.2% 3.9% 4.3%
2014 4.1% 2.2% 6.1% 3.9% 3.6% 4.5%
2015* 4.2% 2.0% 6.3% 3.8% 3.2% 4.3%
Inflation
Country Saudi Arabia Kuwait Qatar Oman Bahrain UAE
2013 3.7% 2.8% 3.1% 1.3% 3.2% 1.1%
2014 2.7% 2.9% 3.0% 1.0% 2.7% 2.3%
2015* 2.6% 2.4% 3.5% 2.3% 1.9% 2.1%
Population
(millions)
Country Saudi Arabia Kuwait Qatar Oman Bahrain UAE
2015* 30.6 4.2 2.3 4.1 1.4 8.9
* Forecast
Source: Economist Intelligence Unit, GulfTalent Surveys
15. 14
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About GulfTalent
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