UAE job market growth outpaces GDP, driven by real estate, manufacturing, and trade sectors.

The UAE's job market grew 4.2% in 2024, surpassing the 3.6% GDP growth projected by the World Bank. The Gulf region saw a 5% year-on-year increase in jobs, outpacing the GCC's 1.6% GDP growth. Growth is driven by sectors like real estate, manufacturing, and trade. Despite increased competition, 75% of professionals in the UAE and Saudi Arabia plan to search for new jobs in 2025. The World Bank expects UAE's economy to grow 4% in 2025 and 4.1% in 2026.

2 months ago
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