02 August 2016Kamal Al-Samarrai "stability in oil prices bringing market confidence"
Dubai - Globally, businesses have been and are going through challenging times with an increase in migrants into Europe and also the Brexit vote. Such turbulence has affected recruitment and market confidence in the Middle East and indeed Europe. However, one thing which is a constant is the regular demand for excellent candidates to drive growth in all industries within the GCC and the wider Middle East.
According to the CEO of Dawaam recruitment agency Mr Kamal Al Samarrai, recruitment is rebounding in the GCC market with the second half of 2016 showing an increase in the demand for employees. The end of 2015 and early 2016 saw a cautiousness from Employers about expanding their work force, however the strong growth maybe the result of a combination of factors, stability in oil prices bringing market confidence, the weakening of European currencies following the Brexit vote, and indeed even the knock on effect of more European employees and employers relocating to the Middle East. Moreover, the lifting of U.S. trading sanctions and embargoes with Iran has also had a huge impact.
Mr Al Samarrai added: "Dawaam have noticed a marked growth in various sectors, in hospitality for example, with Dubai expected to add 55000 new hotel rooms in the coming two years. Furthermore, aviation sector growth for three of the fastest growing airlines in the world are based in the region - Emirates, Qatar Airways, and Etihad -is helping to increase recruitment demand and fuelling recruitment demand in the aviation industry".
Al Samarrai continues: "Dawaam is excellently placed to offer a strong service to both employers and prospective candidates. Dawaam is founded on solid recruitment with all employees having being industry specialist before becoming recruiters, it is our business and foundation. We understand the business of recruiting excellent talent and we pride ourselves on taking the care to match the right person to the right job. We work by getting to know our clients and candidates and discovering the unique requirements of each and what each can offer the other".
With strong growth forecast in recruitment for the rest of 2016 well into 2017, it is important for businesses to have a good workforce plan in place in order to map recruitment needs to business growth. Ensuring that you forecast and plan for workforce replacement and increases, reduces labour costs and ultimately staff turnover.
© Press Release 2016