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UAE facing war for talent ahead of Dubai Expo 2020

Staff writer ▼ | November 29, 2014
An increasing number of companies in the UAE are pulling out all the stops to identify and recruit the next generation of leaders ahead of Dubai Expo 2020, according to Thought Leaders Middle East.
UAE talent
Jobs   Thought Leaders Middle East
Prakash Menon, executive director of the company, has warned that a talent shortage across most operational sectors is leading companies to aggressively poach individuals from competitors.

"In the months to come, we are going to witness a fierce war for talent among business groups and companies to retain not only their best employees but also recruit the leading achievers from among the competition’s ranks."

Menon added that Dubai's winning bid to host Expo 2020 was proving to be a catalyst for development across all industry segments, sparking a flurry of major development announcements in order to accommodate an estimated 25 million visitors.

According to Oxford Economics estimates, Expo 2020 will create more than 277,000 job opportunities in the UAE between 2013 and 2021.

“The 21st century workplace environment is more fast-paced, competitive and unpredictable than ever before. What seemed unthinkable yesterday is either commonplace or on the verge of being introduced today,” Menon commented. He added that companies in the GCC will need to reinvent their training and recruitment policies if they have to survive the competition.