Job opportunities in the United Arab Emirates are anticipated to get a high boost after Dubai won the bid to host the Expo 2020. As stated by the Industry Experts, there is a prediction of return to the Dubai’s state prior to 2008 days.
Expo 2020, which is set to transpire within 6 months, is likely to attract many expats that are in the lookout for available jobs. On the next 5 years, approximately 200,000 work careers will be generated, but according to the one official of an HR consulting firm, says it is not easy to conclude where those employments are coming from.
Although the United Arab Emirates has already seen a positive job increase throughout the recent year as the economy had begun to recover. In 2008, economy suffered from a sharp downturn, which led to many expats employed lose their job in UAE and exit the country. By the helped of tourism a recovery in its real estate industry, more foreign workers have turned to UAE for new job.
Director of Towers Watson Middle East expressed his expectation for higher professional competition “that could to a certain extend resemble the pre-2008 labor dynamics, which includes a spike in salaries and a higher employee turnover.”
“Expo 2020, from the longer-term perspective, will aid improve the United Arab Emirates and the Middle East’s impression across the globe. This will give rise to the regions’ appeal and capability to hire expatriate talent,” he said.
The director stated further that it may be linked to business plans, it may not be connected to 2020. The job opportunities will be most likely coming in the real estate, construction, hospitality, retail, aviation, and services sectors. Both low-level and professional jobs will be in demand, he ended.