Kuwait and UAE outperforms other Gulf Cooperation Council (GCC) countries in offering job opportunities, being the only two nations in the Gulf region not facing a drop in jobs demand since beginning of 2016, a specialized economic report said on Tuesday.
The regional branch of US Monster Company specialized in recruiting people in Kuwait and UAE continued registering the best performance in offering job opportunities among all Gulf nations, in Kuwait and UAE, especially in the fields of medical care, education, and information technology, it said. The growth of demand on jobs in Kuwait reached 21 percent last February, while UAE scored 45 percent compared to last December, it added.
The medical care domain comes at the top of most demanded jobs sectors in Kuwait and UAE, followed by information technology, it said. Meanwhile, the oil sector suffered a drop in demand on jobs by 11 percent since the beginning of 2016, it mentioned.
The medical care domain is one of the most growing in the Gulf region recording annual growth rates since last August, exceeding 47 percent, it said. On the other hand, the financial banking series and insurance sectors reached negative results at the level of employment in general in the Gulf region for the second consecutive day.
The amount of Gulf investment in the medical care field is expected to reach US$19.5 billion by 2020 to hit an annual growth rate of 12.7 percent.