Expo 2020, a remarkable platform for international dialogue to create and innovate things for the progress and cooperation of a city or a country representing the technology and ideas. Dubai is going to host World Expo, opening on October 20, 2020. Expo 2020 is going to be a significant technical fair that would be different from any world fair before it. This expo 2020 will be focused on innovative technology, creativity and the infrastructure itself will be shown in digital cities.
Manpower Supply Scenario in Dubai
According to MENA Consumer Confidence Index survey (March 2014), over half of UAE respondents about 52 per cent jobs in states that the country’s economy has improved in the last six months; next a prediction that 68 per cent will continue in the six months. Business conditions are estimated to be good to very good by 50 per cent of respondents, 72 per cent of the citizens claiming that things will turn out to be in better condition in a year’s time. MENA Job Index survey derived that UAE residents are particularly interested in local job profiles, with 71 per cent citizens stating that the nation is all set to drive many opportunities than other countries. Sixty-one per cent of UAE companies believe that they will either probably hire in the coming three months, and 67 per cent of UAE-based companies will be hiring in the next year. It is totally expected that the job hiring pattern might change across industries that will be most affected by this mega fair.
How will the Expo 2020 Benefit Dubai Recruitment Sector?
The Expo 2020 and its legacy are predicted to bestow approximately Dh122.6 billion to the UAE's economy from 2013 to 2031, according to a survey. The mega Expo is expected to hold around 905,200 full-time equivalents (FTE) job years across the UAE during the period. This massive opportunity is going to create a large number of vacancies for job seekers as well as youngsters from multiple fields.
The various sectors are going to be highly influenced by Expo 2020 and where most of the new jobs will show up in will be event management, transport, services, construction, infrastructure development, storage, communication, retail, F&B and hotels, information technology, Artificial intelligence and many more. This project will be based on technology so job opportunities in Artificial intelligence in the whole middle east can achieve a new range.
Reem Al Hashemi, managing director of the Dubai World Expo 2020 and the minister of state and said "Ladies and gentlemen 2020 is just around the corner," As Dubai is all set to host the Expo a mega technical fair, there is a lot of work that needs to be done to serve such a huge number of visitors. Time is already flying, so the work that needs to be completed; it will be a hectic time ahead.
"To meet the needs of this tourist boom – 70 per cent of which will come from outside of the UAE - Department of Tourism and Commerce Marketing( DTCM) expects to have to double Dubai's hotel inventory to around 164,000 hotel and hotel apartment rooms within the next seven years," he added
Over 275,000 jobs are expected to be created that can be the vast opportunities for the citizens as well as the outsiders. It gives enough reason for people working in the city to cheer. Hosting the Expo 2020 will definitely transform the economic activities of Dubai.
A number of recruitment experts believe that residents of Dubai and the entire UAE are likely to see their personal finances improve. The Expo 2020 will lead to generating thousands of new job openings, which will result in an increase in demand for professionals and professionalism, and that would ultimately lead to paying hikes.
How can Commitbiz help you?
Expo 2020 is going to be indeed a revolutionary platform for everyone starting from the youngsters to all the job seekers who want to show their talents in multiple fields. Expo mega fair is totally based on technology and creativity and millions of people out there who are eagerly waiting for this massive opportunity. Many investors are willing to set up their business venture and take advantage of this opportunity. This investment will also lead to generating multiple vacancies in different industries. We can say this Expo 2020 is going to be a star opportunities for talented and skilled people.
1. What are the types of recruitment agencies in Dubai?
Temporary Recruitment Agencies
Executive Search Agencies
Traditional Recruitment Firms
Large-Scale Labour Recruiters
2. Which law in Dubai permits licensing for a Private Employment Agency?
MR 1283 Law of 2011.
3. What is the estimated job creation post the Dubai Expo 2020?
More than 250 thousand.
4. Which are the sectors with the highest recovery in hiring levels, post covid in UAE?
The Healthcare Sector
5. What was the hiring rate in the UAE in December 2021?
The rate was 36% higher than in December 2019.