GF
Company: Robert Half
Demand rising for back office superstars in the Gulf
Middle Eastern banks still need to get their houses in order. Technology needs to be upgraded, operations need to be administered and risk needs to be more closely monitored. The result is that experienced back and middle office staff are the new hot property. At the very senior end, more banks in the region are [...]
Over $200k average salaries for ACAs in the Gulf, and bonuses are rising
Any ACA-qualified accountants considering relocating to the Middle East may be further persuaded by the fact that they’re able to earn more in the region than anywhere else in the world. The average annual salary for ACAs working in the Middle East is 137.9k (US$227k, AED833.6k), according to the 2011 Career Benchmarking survey by the [...]
ACA, ACCA or CIMA – which is best if you want to break into investment banking?
Back in the day, it was a sad fact of life that ACAs were given preferential treatment by investment banks recruiting accountants over those armed with competing qualifications, such as the ACCA and CIMA. But has the playing field slowly become more level? The cold, hard facts The employment figures we’ve obtained from the ICAEW, [...]
E&Y comes out fighting for MENA top spot with ambitious recruitment plans
There appears to be some hiring one-upmanship among the Big Four accounting firms as they battle for the top spot in the MENA region. Following announcements of significant recruitment sprees in the region from both PwC and Deloitte, Ernst & Young – which has been the dominant player in the Middle East for some time [...]
The autumn hiring spree – it’s back on
The post-Ramadan period in October and November traditionally sees a flurry of recruitment activity in the Middle East financial sector. For obvious reasons, this has been absent for the last couple of years, but it appears to be back in 2010. The logic is simple; over the summer and into Ramadan there’s little chance of [...]
A grim picture for Middle East accountancy recruitment
Accountants working in the Middle East should feel more confident about their job security than this time last year. However, new job opportunities are likely to be thin on the ground – over two-thirds of firms in the region have no plans to add headcount in 2010. According to a survey by recruiters Robert Half, [...]
Expat packages shrinking as jobs dry up
In what could be viewed as something of a return to common sense, the sort of rapidly escalating pay packages offered to expats working in the UAE financial services sector have ceased. Instead, they have begun to shrink. Recruiters Robert Half have just produced their first salary survey for the Gulf region, which suggests that [...]
Electronic trading (slowly) making its way to the Middle East
There are tentative signs that the electronic trading revolution is making its way to the Middle East, with both banks and technology vendors beginning to target the region. But, although it threatens to take off in the future, hiring is so far very limited. Richard Bentley, vice president, field technical services at Progress Software – [...]
ECM drought hits hiring
The equity capital markets landscape in the Middle East has been particularly arid so far in 2009, and the once-buoyant appetite for hiring has dried up alongside it. Distressing figures from Dealogic show that there have been no ECM deals for over a month – the last one being a $92m share offering by Abyaar [...]
Qatar desperate for insurance talent
With Dubai stubbornly holding on to the title of Middle East financial hub, Qatar has set its sights on another industry – insurance. There’s just one problem with its plans for rapid expansion in this area – attracting talent to the country. The Qatar Financial Centre Authority has outlined its plans to become a regional [...]
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