home  |  about Firth Ross Martin  |  global market news  |  Skills shortages 'problematic for Middle East businesses'

global market news

Skills shortages 'problematic for Middle East businesses'

25 June 2011
Skills shortages 'problematic for Middle East businesses'A talent gap is making it difficult for companies in the Middle East to appoint the right employees, it has been claimed.

According to the Financial Times, the region is witnessing skills shortages, despite problems in many countries with youth unemployment.

The news source notes that in the wake of the Arab Spring, governments are instigating policies aimed at generating jobs but talented staff such as experienced technical workers are particularly required.

As states look to generate economic growth, the article claimed nationals are being tempted back and are helping to boost the pool of available professionals, while businesses are investing in staff development.

The newspaper predicted that if the revolutions in the Middle East are followed by political stability, they could lead to improved education systems, greater social mobility and localization of staff, all of which may assist in addressing skills shortages.

In related news, Overseas Property Professional recently claimed that the labor market for those in the Middle East and North African real estate sector is improving, with a number of sources telling it that they are witnessing an increase in hiring, particularly in the Gulf.

Posted by Lee ThraceADNFCR-1275-ID-800599093-ADNFCR