Sector: Graduates & Internships
Failing to keep up with the Dhow Joneses
Despite a candidate-driven market, it seems local banks in the Middle East have not been pushing the dhow out far enough to attract staff. A senior local recruiter in Dubai says that as a result they are losing staff to the international banks as compensation becomes more focused on bonuses. Some of the newer regional [...]
Female bankers in the Middle East
Just how easy is it for Western women bankers to land jobs in the growing financial centres of Dubai, Bahrain and Qatar? Not very, according to some headhunters, who weren’t overly keen on being drawn on the subject. “This is too close to the bone,” was a common response, although we were told by one [...]
CFA vs MBA
An article on our US site has created a furore over the relative merits of a CFA over an MBA. Here’s the potted version. According to the US commentators/ranters, here are the positives for both qualifications. The plus points of an MBA · An MBA is still exclusive: it works in its favour that the [...]
Guest comment: International experience can be a help and a hindrance
Mike Brennan, chief exec of headhunter Akamai Financial Markets, says when to make the move overseas – and when to stay at home. If you intend to build a career in financial services, it’s not 100% necessary to have experience of working overseas. A lot of people enjoy very successful financial careers in one centre; [...]
View from Dubai: hire and perspire
Our (anonymous) woman in Dubai says the temperature of hiring in the desert city is going from hot to boiling. Dubai’s frenetic growth is shown in all sorts of statistics – GDP, trade, etc. But anecdotal evidence can be more revealing. No less than three Dubai tycoons are in the top six of a new [...]
Expats old hat?
Dubai is doing its best to encourage banks to hire more nationals. It won’t reduce demand for overseas talent, say recruiters. The Human Resources Development Committee for the financial sector says the programme, known as ‘emiratisation’, is intended to drive more than 200k United Arab Emirates (UAE) nationals into employment – with many of them [...]
Hire and hire again
How long are you planning to stay in your job? Dubai recruiters say staff with itchy feet are a real and growing problem. “A few professionals are now investing in short term staff due to the high turnover,” says one local mortgage broker. “In the last year alone, at least five of my colleagues have [...]
Euro employees still in favour despite dollar weakness
The dollar might have hit new lows last month, but that’s not stopping Gulf employers hiring new staff from Europe. Companies need specific skills and if they have to pay more for them, that’s what they’ll do, recruiters say. The mighty dollar’s drop against the euro and sterling has left employers in the Gulf – [...]
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