INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Dubai sees growth in employment opportunities as Covid-19 cases drop

FOR REPRESENTATION PURPOSE ONLY
  • Dubai-based Emirates will hire 3,000 cabin crew members and 500 airport staff workers over the next six months
  • Amazon is planning to hire 1,500 people in the UAE this year

As a result of fewer travel restrictions following vaccination and a decline in Covid-19 cases, Dubai has experienced a turnaround in employment and a revival in business.

Emaar Hospitality Group is looking to hire between 200 and 300 people from both the UAE as well as Asia which has been slow to reopen following prolonged shutdowns, Bloomberg reported.

Occupancy at Emaar’s hotels is hovering around 54% while the average daily rate has held up at over 1,000 dirhams per night, its chief operating officer Mark Kirby said, quoted by Bloomberg.

Dubai-based Emirates will hire 3,000 cabin crew members and 500 airport staff workers over the next six months.  

Amazon is planning to hire 1,500 people in the UAE this year.

According to IHS Markit’s Purchasing Managers’ Index for August, Dubai’s travel and tourism industry experienced the highest level of activity and new business in over two years.

In the past three months, Rotana, a Dubai based hotel operator, hired about 400 staff across the UAE and will continue to recruit as it opens new hotels, its president and CEO  Guy Hutchinson told Bloomberg