Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. GlobalData Plc
  6. News
  7. Summary
    DATA   GB00B87ZTG26


SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

GlobalData : Job postings in the UAE have increased by 148% since July 2020 largely driven by Dubai Expo, finds GlobalData

07/30/2021 | 12:49pm EDT
30 Jul 2021
Job postings in the UAE have increased by 148% since July 2020 largely driven by Dubai Expo, finds GlobalData
Posted in Business Fundamentals

The United Arab Emirates (UAE) has ramped up hiring activity across a number of different industry areas. The majority of this activity has occurred in the travel and tourism sector, largely coming from hotel chains and airline operators. Job postings have been increasing since January 2021, but has really picked up in July, finds GlobalData. According to the leading data and analytics company's Job Analytics Database, job advertisements in the UAE have increased by 148% between July 2020 and July 2021.

Ajay Thalluri, Business Fundamentals Analyst at GlobalData, says: 'The World Expo, which will take place in Dubai in October 2021, will likely fetch the UAE over 25 million visitors. The country is also likely to host the Indian Premier League (IPL) 2021 cricketing event in September 2021. These two major events, combined with the recovering economy, have spurred hiring activity among leading hospitality companies in order to meet heightened service requirements.'

Accor Hotels leads companies tracked by GlobalData in terms of job postings that directly refer to Dubai Expo 2020 between July 2020 and July 2021, representing over 50%. The company is among the many that are hiring for the event. GlobalData's Job Analytics database also shows that the company listed over 15% of total job postings in the UAE between July 2020 and July 2021. New hires are likely to facilitate operations across eight Accor hotels that are scheduled to open in 2021, one of which is close to Dubai World Trade Centre.

Another hospitality major, Marriott International, is accelerating job postings, with a rise from 36 jobs advertised in July 2020 to over 200 in July 2021. While the company is hiring in several cities such as Abu Dhabi, Ajman, Al Ain and Sharjah, around 70% of its total job postings between July 2020 and July 2021 were based in Dubai.

Thalluri adds: 'Top hospitality companies such as Hilton Worldwide, InterContinental Hotels Group, Four Seasons Hotels and Resorts, Minor International, and Raddison Hotel Group have stepped up hiring in the UAE. The companies' hires are mostly for cooks, waiters/waitresses and bartenders.'

Airline companies such as the Emirates Group and Wizz Air Holdings are also increasing hires. The Emirates Group looks to provide customer service solutions and is actively selling event tickets and related products at Expo 2020. Meanwhile, Wizz Air partnered with Abu Dhabi Development Holdings Company to operate a low-cost airline in early 2021. The company has listed around 250 jobs in the UAE since January 2021, most of which are for experienced cabin crew roles.

Interestingly, construction and software companies are listing jobs to make the most of the event. For instance, SAP SE is hiring for interns and temporary contract roles. The company is gearing up for the first public facing event with a 900 square meter floor space at Dubai Expo 2020. It has a dedicated 'SAP Expo Program Director' role to oversee marketing and branding activities. Siemens AG is another company that is providing infrastructure digitization at Expo 2020 venue. The company is hiring sizeable numbers, including interns, in the UAE.

Thalluri concludes: 'The UAE has become a leading destination to host international events in the last few years. The country will host Dubai Expo 2020 after being elected in 2013 by the Bureau International des Expositions. The mega event that will be held over six months could positively impact hiring activity in the country.'


GlobalData plc published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 16:48:11 UTC.

© Publicnow 2021
All news about GLOBALDATA PLC
09/17GLOBALDATA : DefendTex joins the race for autonomous solutions with its portable..
09/17GLOBALDATA : Improbable capitalizes on transition to virtual training during pan..
09/17GLOBALDATA : Amazon's sentiments skyrocket in Q3 2021 driven by innovative offer..
09/17GLOBALDATA : Global nickel production to recover by 6.8% in 2021, supported by I..
09/17GLOBALDATA : Thailand plant-based meat substitutes market to grow at 9.2% CAGR t..
09/17GLOBALDATA : Samsung steps up hiring, focuses on DTC and semiconductor technolog..
09/17GLOBALDATA : Australia to join elite list of nuclear-powered submarine operating..
09/17GLOBALDATA : Discussions around Afghanistan by businesses rise 16% in H1 2021 on..
09/16GLOBALDATA : Global food prices hike could drive consumers away from restaurant ..
09/16GLOBALDATA : Global military recruitment problems poised to be overcome with unm..
More news
Sales 2021 192 M 263 M 263 M
Net income 2021 27,9 M 38,3 M 38,3 M
Net Debt 2021 50,8 M 69,8 M 69,8 M
P/E ratio 2021 66,4x
Yield 2021 1,22%
Capitalization 1 755 M 2 414 M 2 411 M
EV / Sales 2021 9,42x
EV / Sales 2022 8,69x
Nbr of Employees 3 472
Free-Float 30,8%
Duration : Period :
GlobalData Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GLOBALDATA PLC
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 5
Last Close Price 1 487,50 GBX
Average target price 1 592,50 GBX
Spread / Average Target 7,06%
EPS Revisions
Managers and Directors
Michael Thomas Danson Chief Executive Officer & Director
Graham Charles Lilley Chief Financial Officer, Secretary & Director
Murray Legg Independent Non-Executive Chairman
Peter Martin Harkness Independent Non-Executive Director
Catherine Birkett Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
S&P GLOBAL INC.35.80%107 534
RELX PLC22.51%58 238
MSCI INC.43.70%52 900
EQUIFAX INC.42.09%32 712