INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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