More than 13,900 jobs made available in Dubai

Monday, 25 November 2019 17:24

More than 13,900 jobs were introduced to the Dubai labour market.

This comes after the Department of Economic Development (DED) issued 4,763 licenses for various professional, commercial, industrial and tourism activities in October.

According to the Business Registration and Licensing (BRL) department at the DED, more than 68 per cent of the newly issued licenses were for professional purposes.

They also revealed 30.3 per cent were for commercial reasons, 1.1 per cent for tourism purposes and 0.5 per cent for industry related matters.

The top nationalities who secured these licenses were Bangladesh, India, Pakistan, Egypt, Jordan, Saudi Arabia, Sudan, UAE, Lebanon and France in that order.

More from Business News

Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.
Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).
China to impose tariffs of 34% on all US goods

China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.
Shares bruised, dollar crumbles as Trump tariffs stir recession fears

Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared US President Donald Trump's sweeping tariffs would tip the global economy into a recession.