MANAGING DIRECTOR S LETTER

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "MANAGING DIRECTOR S LETTER"

Transcription

1 ENERGY SALARY GUIDE UAE 2014

2 CONTENTS MANAGING DIRECTOR S LETTER 2 ENERGY 3 POWER GENERATION 4 OIL & GAS 6 UNDERSTANDING THIS GUIDE 8 TALK TO US 9

3 MANAGING DIRECTOR S LETTER Welcome to Morgan McKinley s UAE Salary Guide This guide provides insights into salary trends in key disciplines and professional communities within the Gulf Cooperation Council (GCC) region, based on what we have observed over the past year, together with a compilation of hard facts and figures on gross salaries. Morgan McKinley s UAE operation is focused on sourcing talent for mid-management and senior roles for Banking & Financial Services, Accountancy & Finance, Energy, Sales & Marketing,Supply Chain, Manufacturing, Construction, and Office Support throughout the GCC. The GCC is one of the most economically dynamic regions in the world, with the UAE leading the way across the Gulf region and this is very much reflected in the buoyancy of the recruitment market and the resultant hiring trends. In our last report we reported that reverberations from the Eurozone crisis led to a subdued recruitment drive among UAE-based multinationals in 2012 but commented that there were signs of returning confidence. We predicted an upward trend. Results from 2013 have vindicated this positive outlook. Dubai, with the other Emirates, is the employment hub for the region, with rising levels of demand for consumer goods driving demand for more Sales & Marketing and Supply Chain professionals across the Gulf region. Rising levels of demand within both the green and traditional energy sectors also mean a growth in opportunities for Power Generation professionals. Inward and local investment in sectors such as FMCG, packaging and chemicals is creating demand for Manufacturing professionals, especially those with knowledge of techniques such as Six Sigma, as well as Accountants. With many new projects announced recently, there is a significant demand for professionals in the Construction and Oil & Gas industries, with Iraq particularly short of oil industry specialists. With the three main credit ratings agencies improving their ratings, the high level of business activity and improvements in balance sheets and liquidity, confidence is high in the Banking & Financial Services sector. In 2014 we expect to see an increase of 8% to 10% in the number of job opportunities across all industry sectors and salaries rising in the range 6% to 8%. Less easy to predict is the change in the cost of living over the coming years, although it is safe to say that in many countries the only way is up, putting pressure on employers and presenting candidates with some tough choices. However, Morgan McKinley will as ever be well placed to advise on important issues such as local accommodation and schooling. We hope you find the insights presented in this report interesting and useful, and welcome any feedback. Trefor Murphy Managing Director UAE T: +971 (0) The UAE returned to growth in 2013 and this growth looks certain to accelerate in 2014, with a renewed focus on the infrastructure, tourism and construction sectors, especially in light of the news that Dubai will host Expo Morgan McKinley has spent the past 16 years recruiting mid to senior professionals in the GCC market. 2

4 ENERGY POWER GENERATION OIL & GAS 3

5 ENERGY POWER GENERATION HIRING TRENDS TALENT SUPPLY SALARY & COMPENSATION TRENDS The power generation, transmission and distribution sector in the Middle East and North Africa continues to grow significantly, with the IPP/IWPP, OEM and international EPC contractors in the Middle East reaching almost 100 projects worth a combined US$40 billion starting in This is in line with expectations, as Middle Eastern energy demand is expected to grow by 76% between now and There will be a 41% drop in oil-led power generation, with natural gas-fired power generation surpassing oil-based fuel sources by then. Solar energy is playing an increasingly important role, with growth in this area expected to reach 3.5GW by 2015 in the region, with a target of 10GW capacity by Currently there are 106 renewable energy projects supplying 7.5GW of new electric generation capacity. The main focus of demand is Turkey and Saudi Arabia. The waste-to-energy market is expected to grow to reach $29 billion by 2016 while construction on the first of the UAE s nuclear power plants began in Barakh in By 2020 it will operate four reactors, with a 5.6GW capacity. All of these developments are having an impact on the hiring needs of the leading developers, operators, EPC contractors and national utilities. The power industry continues to rely on importing expatriate talent into the region for many higher level roles. However, in line with the region s nationalisation strategy, there is a trend towards moving locally grown talent into positions offering more responsibility and authority. This in turn will enable competitors to seek talent in their back gardens. Home-grown or regionally-based talent is attracting the most interest for the mid level management positions, however, unconventional, nuclear and renewable energy experts will continue to be recruited from more established markets for the foreseeable future, until such expertise can be developed in the region. The shortage of talent continues to favour the employee over the employer and attracting the best in the market requires a proactive headhunt approach together with the necessary carrot in order to make a career change attractive. As with any technically qualified, highly specialised sector search, recruiters without the necessary and exposure to the power industry are unlikely to source this talent successfully. Therefore for the vast majority of headhunt contracts, Morgan McKinley is winning retained and exclusive search agreements with independent power producers, OEMs and engineering procurement construction contractors. With so many professionals coming in from other regions, it may be worthwhile to define the common structure of expatriate packages as this has changed since Many employers have started to consolidate basic salaries with allowances into lump sums paid into the employee s bank account. The main pillars continue to be basic salary, accommodation allowance and transportation allowance. Flights to the country of origin plus medical insurance continue to be treated separately, with single or family cover depending on the level of the employee. Additional benefits likewise vary according on the level, family status and location of employment, with education costs continuing to be a major factor in living in the Middle East. Bonuses continue to be variable depending on the organisation. There is, however, a steady rise in salaries in the industry as more projects come online and competition increases, but rising costs must be taken into consideration; in Dubai alone rents have risen by 33% in the second half of 2013, which is having a negative impact on the disposable incomes of employees as the market is yet to catch up with this increase. We anticipate employers will compensate for this in 2014 through increases in base salary over benefits and bonuses in order to remain competitive in a growing, candidate-driven market. The UAE and Qatar continue to offer the best packages, while Bahrain s salary deals are placed third in the GCC. Packages in Saudi Arabia, Kuwait and Oman are all of a similar level.. 4

6 ENERGY POWER GENERATION GROSS SALARIES (AED PER MONTH) Role: 0-3 years 3-5 years 5-8 years 8+ years Managing Director / CEO - Multinational 55,000-65,000 65,000-75,000 75,000-90,000 90, ,000 Manager Director / CEO - SME 50,000-60,000 60,000-70,000 70,000-80,000 80, ,000 General Manager - Multinational 45,000-55,000 55,000-65,000 65,000-80,000 80, ,000 General Manager - SME 35,000-45,000 45,000-55,000 55,000-70,000 70,000-90,000 Plant Manager 25,000-30,000 30,000-40,000 40,000-45,000 45,000-55,000 Engineering Manager 20, ,000-32,000 32,000-40,000 40,000-50,000 Production Manager 20,000-25,000 25,000-32,000 32,000-40,000 40,000-45,000 Operations Manager 22,000-25,000 25,000-30,000 30,000-37,000 37,000-45,000 Technical Sales Manager 25,000-30,000 30,000-35,000 35,000-40,000 45,000-55,000 Sales Engineer 10,000-12,000 12,000-15,000 15,000-19,000 19,000-25,000 HSQE Manager 18,000-22,000 22,000-30,000 30,000-40,000 40,000-50,000 Commissioning Engineer / Manager 18,000-22,000 22,000-30,000 30,000-40,000 40,000-50,000 Process Engineer 11,000-15,000 15,000-18,000 18,000-22,000 22,000-26,000 Technical Engineer 10,000-12,000 12,000-15,000 15,000-18, ,000 Production Team Leader 8,000-11,000 11,000-15,000 15,000-20,000 20,000-25,000 Estimation Engineer 7,000-10,000 10,000-12,000 12,000-15,000 15,000-17,000 Technician 5,000-8,000 8,000-10,000 10,000-12,000 12,000-15,000 5

7 ENERGY OIL & GAS HIRING TRENDS TALENT SUPPLY SALARY & COMPENSATION TRENDS Over the past 12 months the oil & gas (O&G) industry has seen an increase in the number of opportunities, especially within the MENA (Middle East and North Africa) region, where the demand for skilled professionals remained high. The region has d further exploration, production and an increase in infrastructural development. Iraq in particular has d a significant increase in hiring as new mega projects were launched. Political upheaval and security threats still remain a concern; however Iraq has the fourth largest oil reserves in the world and continues to attract foreign O&G companies. North Africa is also a region which is set to grow rapidly. At the North Africa O&G summit in November 2012, high-level representatives from African governments, ministerial departments, NOCs, IOCs, contractors and technology providers attended to discuss efficient strategies to capitalise on the numerous opportunities in the region s oil and gas sectors. Discussions at the conference focused on lucrative means to enhance production from existing fields. Many of these discussions are now being realised. Thus hiring trends will continue to be buoyant for 2014 across the MENA region. The industry generally has a skills shortage as MENA remains the leading producer of O&G and there is a consistent increase in demand for O&G professionals regionally. The Middle East is, however, facing real competition from other parts of the world. This places the job seeker in the driver s seat in negotiations. Employers therefore are required to offer higher and more attractive salary packages in order to incentivise would-be employees. There has been some shift in the market with countries including Saudi Arabia, Oman, Algeria, Tunisia, Kuwait and Bahrain focusing on the mapping of unconventional gas resources, which is translating into the need for even more specialists and skilled professionals, who are in scarce supply. Based on the recruitment assignments Morgan McKinley has conducted with O&G companies in the region, 2013 saw an increase in salary and compensation of around 6% a larger increase than the 5.1% we predicted in the 2012 survey has been a good year for many O&G professionals with an increase not only in salaries but also benefits and conditions. On the other hand, we have also seen costs such as housing, rents and schools go up further, especially in locations such as Dubai, Doha and Muscat, which translate into d jobseekers demanding higher salary packages. Nevertheless, with the continuous demand for the production of O&G and the healthy price of oil on global markets, companies are willing to offer attractive bonuses and incentivised salary packages. With an undersupply of local talent, the growing energy demand and the oil price, we continue to see a candidatedriven market. Following the Arab Spring of 2011, the Middle East is challenged with rebuilding infrastructure and revitalising the industry. With the price of a barrel of oil expected to remain above US$100, the trend of a rising demand for foreign workers is set to continue into

8 ENERGY OIL & GAS GROSS SALARIES (AED PER MONTH) Role: 0-3 years 3-5 years 5-8 years 8+ years Exploration Director 58,000 65,000 71,000 76,000 Exploration Manager 53,000 57,600 61,000 65,000 Petroleum Engineering Manager 52,500 56,000 58,500 63,000 Geologist 23,000 27,000 33,000 44,500 Geophysicist 24,500 27,800 34,000 45,000 Reservoir Engineer 26,000 33,500 39,000 51,000 Drilling Engineer 28,500 34,000 43,000 53,000 7

9 ENERGY SALARY GUIDE UAE 2014 UNDERSTANDING THIS GUIDE METHODOLOGY: The salary information provided in this guide has been compiled by dedicated researchers across Morgan McKinley s oil & gas and power generation divisions. Our researchers are in regular contact with both employers and candidates across these sectors in the UAE. SALARY DATA: The salary ranges in this guide are indications of what individuals with similar might expect to earn in new roles in This salary data is based on placements made during the last six months, as well as the specialist knowledge of Morgan McKinley s consultants. Please note, the information presented in this document should be used as a general guide only. Where number of years is mentioned, it is only to give an approximate framework in which to gauge what a typical professional is likely to earn with the level of shown. In order to match candidates to the right career opportunity for them, Morgan McKinley assesses individuals on all their skills and abilities when deciding on their suitability for roles with our clients. Finally, the gross salary is quoted which is defined as the total gross salary paid each month not including bonus payments, guaranteed or otherwise. FURTHER INFORMATION: For more specific salary or hiring information, please visit or contact your Morgan McKinley consultant directly. DID YOU FIND THIS GUIDE USEFUL? FOLLOW US ON SOCIAL MEDIA Visit for more information 2014 Morgan McKinley Group Ltd all rights reserved. Copy or reproduction of this material is strictly prohibited. 8

10 WE ARE MORGAN McKINLEY. TALK TO US. The world s leading employers and successful local businesses must be doing something right. We believe we know what that is. UAE +971 (0) Australia +61 (0) China France +33 (0) Ireland +353 (0) Japan Singapore United Kingdom +44 (0) Hong Kong DID YOU FIND THIS GUIDE USEFUL? FOLLOW US ON SOCIAL MEDIA 9

MANAGING DIRECTOR S LETTER

MANAGING DIRECTOR S LETTER SUPPLY CHAIN & PROCUREMENT SALARY SURVEY GUIDE UAE 2014 CONTENTS MANAGING DIRECTOR S LETTER 2 SUPPLY CHAIN & PROCUREMENT 3 MARKET INSIGHT 4 SALARY GUIDE 5 UNDERSTANDING THIS GUIDE 6 TALK TO US 7 MANAGING

More information

Randstad MENA Salary Survey 2016

Randstad MENA Salary Survey 2016 The Randstad MENA Salary Survey 2016 Based on salaries throughout the Middle East and North Africa With the oil prices at their lowest point since 2009, the Middle East is having to find strategic ways

More information

GLOBAL TREND REPORT MARKETING 2015 OUTLOOK

GLOBAL TREND REPORT MARKETING 2015 OUTLOOK GLOBAL TREND REPORT MARKETING 015 2015 OUTLOOK A HIGHLY POSITIVE OUTLOOK FOR MARKETING PROFESSIONALS The Marketing discipline has been evolving rapidly over the past few years. The emphasis on digital

More information

The Bayt.com Middle East and North Africa. Salary Survey 2016. May 2016

The Bayt.com Middle East and North Africa. Salary Survey 2016. May 2016 The Bayt.com Middle East and North Africa Salary Survey 2016 May 2016 Objective This research was conducted to gauge employee satisfaction levels with their salaries, but also pay raises and factors impacting

More information

MORGAN McKINLEY AUSTRALIA EXECUTIVE SEARCH

MORGAN McKINLEY AUSTRALIA EXECUTIVE SEARCH MORGAN McKINLEY AUSTRALIA EXECUTIVE SEARCH What Makes Us Different? At Morgan McKinley Executive Search, our focus and passion lies within confidentially presenting the best talent for strategic, operational

More information

Recession and Employment in the Gulf

Recession and Employment in the Gulf Recession and Employment in the Gulf Saudi Arabia Kuwait Qatar Oman Bahrain UAE RESEARCH 2009 Introduction This research study is intended to provide an overview of key employment and recruitment trends

More information

MIDDLE EAST. Between 2009 and 2012, market contraction in the Middle East restricted job opportunities and SUMMARY

MIDDLE EAST. Between 2009 and 2012, market contraction in the Middle East restricted job opportunities and SUMMARY SUMMARY 2014 was a good year for the Middle East. With problems linked to the global economic crisis and the recapitalisation of Dubai World firmly in the past, the region benefited from renewed confidence

More information

GLOBAL TREND REPORT TAX 2015 OUTLOOK

GLOBAL TREND REPORT TAX 2015 OUTLOOK GLOBAL TREND REPORT TAX 015 2015 OUTLOOK GLOBAL DEMAND FOR CORPORATE TAX COMPLIANCE AND INTERNATIONAL TAX EXPERTS In line with our commitment to keep professionals working in the Tax discipline up to date

More information

Korn Ferry Hay Group 2016 Salary Forecast: Wages Expected to Rise Globally, With a Modest Outlook for the Middle East

Korn Ferry Hay Group 2016 Salary Forecast: Wages Expected to Rise Globally, With a Modest Outlook for the Middle East MEDIA CONTACT Megan Willis +971(0)563 694 003 Under embargo until Tuesday 08 December 2015 Korn Ferry Hay Group 2016 : Wages Expected to Rise Globally, With a Modest Outlook for the Middle East Global

More information

COMPENSATION AND BENEFITS TRENDS IN THE MIDDLE EAST

COMPENSATION AND BENEFITS TRENDS IN THE MIDDLE EAST COMPENSATION AND BENEFITS TRENDS IN THE MIDDLE EAST OVERVIEW OF POLITICAL AND ECONOMIC TRENDS IN THE MIDDLE EAST Our definition of the Middle East experiences some subtle variations year after year, although

More information

UAE SALARY GUIDE 2015 1

UAE SALARY GUIDE 2015 1 UAE SALARY GUIDE 2015 1 morganmckinley.ae 2 MANAGING DIRECTOR S LETTER Welcome to Morgan McKinley s 2015 UAE Salary Guide This guide provides insights into salary trends in key sectors and professional

More information

MARKET INTELLIGENCE INDUSTRY KNOWLEDGE. UAE Salary Guide and Market Overview 2014. hays.ae

MARKET INTELLIGENCE INDUSTRY KNOWLEDGE. UAE Salary Guide and Market Overview 2014. hays.ae MARKET INTELLIGENCE INDUSTRY KNOWLEDGE UAE Salary Guide and Market Overview 2014 hays.ae CONTENTS Introduction 1 Accountancy & Finance 2 Construction & Property 4 Human Resource 8 Information Technology

More information

The MEED view of the GCC construction market Ed James, Head of MEED Insight

The MEED view of the GCC construction market Ed James, Head of MEED Insight The MEED view of the GCC construction market Ed James, Head of MEED Insight A presentation for Arabian World Construction Summit Abu Dhabi, 24 May 21 Copyright 21 Emap Business Communications Ltd All rights

More information

increased demand for banks to help companies structure their finances. 2016 EXPECTATIONS

increased demand for banks to help companies structure their finances. 2016 EXPECTATIONS Thailand IT WAS A TRANSITIONAL YEAR FOR THAILAND IN 2015 AS COMPANIES FOCUSED ON DRIVING DOWN COSTS DUE TO THE GENERAL SLOWDOWN ACROSS SOUTH- EAST ASIA, HOWEVER RECRUITMENT WILL REMAIN BUOYANT IN 2016.

More information

RESEARCH Recruiting Online

RESEARCH Recruiting Online RESEARCH Recruiting Online A Guide for Decision Makers Introduction This guide is intended to provide employers with an overview of online recruitment and how it can be utilised to attract top talent effectively

More information

GLOBAL TREND REPORT HUMAN RESOURCES H1 JAN-JUN

GLOBAL TREND REPORT HUMAN RESOURCES H1 JAN-JUN GLOBAL TREND REPORT HUMAN RESOURCES H1 JAN-JUN GROUNDS FOR OPTIMISM IN 2014 In line with our commitment to keep professionals working in Human Resources functions up to date with employment and recruitment

More information

HIRING THE BEST IN 2016

HIRING THE BEST IN 2016 Germany Düsseldorf Frankfurt OVERALL, THE GERMAN JOBS MARKET WAS BUOYANT IN 2015. A HEALTHY ECONOMY LED TO STRONG LEVELS OF JOB CREATION AND A GROWING SHORTAGE OF SKILLS. THIS TREND IS LIKELY TO CONTINUE

More information

Vietnam. companies and retailers might consider individuals with complementary FMCG experience whose skills can be refined internally.

Vietnam. companies and retailers might consider individuals with complementary FMCG experience whose skills can be refined internally. Vietnam 2015 WAS A POSITIVE YEAR FOR RECRUITMENT IN VIETNAM. STRONG LEVELS OF DEMAND WERE DRIVEN BY NEW BUSINESSES ENTERING THE MARKET, INCLUDING THE ARRIVAL OF MAJOR COMPANIES FROM AUSTRALIA, THE US AND

More information

Wanted: a national labor force

Wanted: a national labor force Consulting Wanted: a national labor force Labor policies and youth unemployment in the Gulf region Delivering a skilled national workforce is one of the most critical challenges facing the GCC countries

More information

CORPORATE PRESENTATION

CORPORATE PRESENTATION CORPORATE PRESENTATION WHO WE ARE. WHAT WE DO. GER is a specialist engineering staffing, consultancy services and outsourcing business - providing industry focused human capital solutions. Industry Focused

More information

GLOBAL TREND REPORT IT DATA APPLICATIONS H2 JUL-DEC

GLOBAL TREND REPORT IT DATA APPLICATIONS H2 JUL-DEC GLOBAL TREND REPORT IT DATA APPLICATIONS 014 H2 JUL-DEC ACTIVITY PICKING UP GLOBALLY In line with our commitment to keep professionals working in IT Data Applications functions up to date with employment

More information

GLOBAL TREND REPORT IT PROJECT MANAGEMENT OFFICE 2015 OUTLOOK

GLOBAL TREND REPORT IT PROJECT MANAGEMENT OFFICE 2015 OUTLOOK GLOBAL TREND REPORT IT PROJECT MANAGEMENT OFFICE 015 2015 OUTLOOK A FAST-CHANGING GLOBAL RECRUITMENT MARKET REQUIRING TOUGH CHOICES In line with our commitment to keep professionals working in the IT Project

More information

GLOBAL TREND REPORT RISK H1 JAN-JUN

GLOBAL TREND REPORT RISK H1 JAN-JUN GLOBAL TREND REPORT RISK 014 H1 JAN-JUN INCREASED RISK AWARENESS DRIVING GLOBAL DEMAND In line with our commitment to keep professionals and hiring organisations involved in Risk Management functions up

More information

Top Recruitment Agencies

Top Recruitment Agencies Top Recruitment Agencies 1 Bayt.com http://www.bayt.com/ 2 GulfTalent http://www.gulftalent.com/ 3 JobsinDubai.com http://www.jobsindubai.com/ 4 Monstergulf.com http://www.monstergulf.com/ 5 Charterhouse

More information

2015 INSIGHT BANKING & FINANCIAL SERVICES

2015 INSIGHT BANKING & FINANCIAL SERVICES Taiwan DESPITE SIGNS OF SOFTENING IN TAIWAN S ECONOMY DURING 2015, AND MODEST GROWTH FORECASTS FOR 2016, THE TAIWANESE RECRUITMENT MARKET REMAINED BUOYANT ACROSS BANKING, FINANCE, INFORMATION TECHNOLOGY

More information

EXPERTISE NEEDED EXPERTISE FOUND

EXPERTISE NEEDED EXPERTISE FOUND Our global capabilities EXPERTISE NEEDED EXPERTISE FOUND www.nesglobaltalent.com Our global capabilities ManagedServices We offer a range of bespoke managed services, which enable you to outsource part

More information

The big pay turnaround: Eurozone recovering, emerging markets falter in 2015

The big pay turnaround: Eurozone recovering, emerging markets falter in 2015 The big pay turnaround: Eurozone recovering, emerging markets falter in 2015 Global salary rises up compared to last year But workers in key emerging markets will experience real wage cuts Increase in

More information

GLOBAL TREND REPORT MARKETING H1 JAN-JUN

GLOBAL TREND REPORT MARKETING H1 JAN-JUN GLOBAL TREND REPORT MARKETING 014 H1 JAN-JUN DEMAND FOR DIGITAL, SOCIAL & CONTENT MARKETERS In line with our commitment to keep professionals working in Marketing functions up to date with employment and

More information

GLOBAL TREND REPORT IT DEVELOPMENT & TESTING 2015 OUTLOOK

GLOBAL TREND REPORT IT DEVELOPMENT & TESTING 2015 OUTLOOK GLOBAL TREND REPORT IT DEVELOPMENT & TESTING 015 2015 OUTLOOK MOBILE & DIGITAL TECHNOLOGIES AND ANALYTICS DRIVING DEMAND In line with our commitment to keep professionals working in the IT Development

More information

SHUAA Capital PSC INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

SHUAA Capital PSC INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 30 SEPTEMBER INTERIM CONSOLIDATED STATEMENT OF INCOME Notes 1 July to (3 Months) 1 January to 1 July to (3 Months) 1 January to Interest income 31,906

More information

GLOBAL TREND REPORT TAX H1 JAN-JUN

GLOBAL TREND REPORT TAX H1 JAN-JUN GLOBAL TREND REPORT TAX 014 H1 JAN-JUN STRONG MOMENTUM IN UK & IRELAND In line with our commitment to keep professionals working in the Tax discipline up to date with employment and recruitment trends,

More information

THE WORLD OIL MARKET. Mohan G. Francis

THE WORLD OIL MARKET. Mohan G. Francis THE WORLD OIL MARKET Mohan G. Francis With the Bush administration busily moving military forces to the Gulf region, the sense of an impending war has begun to make an impact on the world petroleum markets.

More information

Middle East Private Practice Market & Salary Review 2012. taylorroot.com

Middle East Private Practice Market & Salary Review 2012. taylorroot.com Middle East Private Practice Market & Salary Review 2012 Middle East Private Practice Market & Salary Review 2012 Introduction We are delighted to present our market review of the Middle East private practice

More information

THE UK FILM MARKET AS A WHOLE. BFI Research and Statistics PUBLISHED DECEMBER Image: The Lady in the Van courtesy of Sony Pictures

THE UK FILM MARKET AS A WHOLE. BFI Research and Statistics PUBLISHED DECEMBER Image: The Lady in the Van courtesy of Sony Pictures THE UK FILM MARKET AS A WHOLE BFI Research and Statistics PUBLISHED DECEMBER 2015 Image: The Lady in the Van courtesy of Sony Pictures THE UK FILM MARKET AS A WHOLE THE UK WAS THE SECOND LARGEST FILM MARKET

More information

GCC in times of cheap oil: an opportunity for economic reform and diversification

GCC in times of cheap oil: an opportunity for economic reform and diversification GCC in times of cheap oil: an opportunity for economic reform and diversification Kevin Körner & Oliver Masetti GCC in times of cheap oil: an opportunity for economic reform and diversification, June 215

More information

retail & sourcing 08/09 Salary & Employment Forecast

retail & sourcing 08/09 Salary & Employment Forecast retail & sourcing 08/09 Salary & Employment Forecast welcome Welcome to the 008/009 Michael Page Retail & Sourcing Salary & Employment Forecast for Greater China. Michael Page International is a world-leading

More information

Financing Drivers and Funding Rapid Growth

Financing Drivers and Funding Rapid Growth Financing Drivers and Funding Rapid Growth IDEA International District Cooling Symposium October 2007 Mohamed Elshentenawy Palm District Cooling Mohamed.Shentenawy@dubaiworld.ae Presentation outline GCC

More information

hays oil & gas global job index Significant increases confirm a buoyant market

hays oil & gas global job index Significant increases confirm a buoyant market hays oil & gas global job index Significant increases confirm a buoyant market Quarter 1, 2012. Global Oil & Gas job numbers up 39% since 2010 Most regions showing positive growth and Northern driving

More information

GCC Pharmaceutical Industry

GCC Pharmaceutical Industry GCC Pharmaceutical Industry First coordination meeting for the pharmaceutical industry in the GCC and Yemen Dr. Aasim Qureshi 11 April 2011 Global Pharmaceuticals Industry The pharmaceutical industry is

More information

HAYS OIL & GAS GLOBAL JOB INDEX

HAYS OIL & GAS GLOBAL JOB INDEX HAYS OIL & GAS GLOBAL JOB INDEX WORLDWIDE HAYS OIL & GAS GLOBAL JOB INDEX Index figures rebound in the second quarter of. Quarter 2 GLOBAL INDEX Jan Feb Mar May Jun Aug Sep Nov Dec As our 2nd Quarter Global

More information

GLOBAL TREND REPORT SENIOR FINANCE 2015 OUTLOOK

GLOBAL TREND REPORT SENIOR FINANCE 2015 OUTLOOK GLOBAL TREND REPORT SENIOR FINANCE 015 2015 OUTLOOK AN EAST-WEST DIVIDE In line with our commitment to keep professionals working in Senior Finance functions up to date with employment and recruitment

More information

CIMA salary survey 2012

CIMA salary survey 2012 CIMA salary survey 2012 United Kingdom 1 Foreword Despite the ongoing economic turbulence in the British economy, CIMA s members and students are in demand. Our 2012 salary survey shows that chartered

More information

Manaar Energy Consulting & Project Management

Manaar Energy Consulting & Project Management Manaar Energy Consulting & Project Management Is rising Middle East gas demand encouraging investments in unconventional resources? MENA gas challenges Explosive growth of power demand Economic and population

More information

Wire & Cable Focus Report Middle East and North Africa Markets

Wire & Cable Focus Report Middle East and North Africa Markets Wire & Cable Focus Report Middle East and North Africa Markets Prospects and opportunities in the MENA cable markets Dubai, UAE at night, 2011 www.integer-research.com How has the Arab Spring affected

More information

Time for take-off The MEED Insight Renewable Energy Webinar 29 April 2013

Time for take-off The MEED Insight Renewable Energy Webinar 29 April 2013 Time for take-off The MEED Insight Renewable Energy Webinar 29 April 2013 The agenda The global trends Latest ME renewable forecast Country reviews Morocco Algeria Egypt Saudi Arabia and the GCC The global

More information

World Energy Outlook 2013. Dr. Fatih Birol Chief Economist, International Energy Agency

World Energy Outlook 2013. Dr. Fatih Birol Chief Economist, International Energy Agency World Energy Outlook 2013 Dr. Fatih Birol Chief Economist, International Energy Agency World Energy Outlook 2013 Dr. Fatih Birol IEA Chief Economist Copenhagen, November 26th The world energy scene today

More information

Setting highest standards in recruitment, our people make the difference

Setting highest standards in recruitment, our people make the difference Setting highest standards in recruitment, our people make the difference Corporate Profile We welcome opportunities in discussing your company s Human Resource needs no matter where you are, we deliver

More information

HAYS OIL & GAS GLOBAL JOB INDEX

HAYS OIL & GAS GLOBAL JOB INDEX QUARTER 3 OCTOBER 2013 HAYS OIL & GAS GLOBAL JOB INDEX Pace of hiring and job creation over the past quarter has been highly variable dependent on the region and the skill area. hays-oilgas.com HAYS OIL

More information

AGR Consultancy. Worldwide opportunities. Recruitment and consultancy solutions

AGR Consultancy. Worldwide opportunities. Recruitment and consultancy solutions AGR Consultancy Worldwide opportunities Recruitment and consultancy solutions Remote locations Deepwater Decommissioning 02 Connecting clients and consultants worldwide High pressure high temperature Extended

More information

Project Management Salary Survey Ninth Edition Project Management Institute Newtown Square, Pennsylvania, USA

Project Management Salary Survey Ninth Edition Project Management Institute Newtown Square, Pennsylvania, USA Project Management Salary Survey Ninth Edition Project Management Institute Newtown Square, Pennsylvania, USA 2015 Project Management Institute, Inc. (PMI). All rights reserved. No part of this work may

More information

GLOBAL TREND REPORT IT PROJECT MANAGEMENT OFFICE H1 JAN-JUN

GLOBAL TREND REPORT IT PROJECT MANAGEMENT OFFICE H1 JAN-JUN GLOBAL TREND REPORT IT PROJECT MANAGEMENT OFFICE 014 H1 JAN-JUN MOOD OF OPTIMISM In line with our commitment to keep professionals working in IT Project Management Office functions up to date with employment

More information

2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE. Salary and recruiting trends across Asia

2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE. Salary and recruiting trends across Asia 2012 HAYS SALARY GUIDE SHARING OUR EXPERTISE Salary and recruiting trends across Asia SECTOR OVERVIEW CHINA Given the continued success of a variety of industries in China, and the overwhelming prosperity

More information

Middle East I.T. Security Business Survey

Middle East I.T. Security Business Survey Middle East I.T. Security Business Survey A quiet security revolution gathering pace A report by GISEC Powered by GISEC Analytics Partner Middle East I.T. Security Business Survey About the report: The

More information

8 th Dubai International Brand Licensing Fair

8 th Dubai International Brand Licensing Fair TM 8 th Dubai International Brand Licensing Fair 3-4 November 2015 Dubai International Convention & Exhibition Center MIDDLE EAST AND NORTH AFRICA LEADING BRAND LICENSING FAIR Organised by In Conjunction

More information

UNIFE World Rail Market Study

UNIFE World Rail Market Study UNIFE World Rail Market Study Status quo and outlook 2020 Commissioned by UNIFE, the European Rail Industry And conducted by The Boston Consulting Group 2 1 Executive Summary This is the third "World Rail

More information

Hong Kong In-House Legal Salary Survey & Guide 2016

Hong Kong In-House Legal Salary Survey & Guide 2016 Hong Kong In-House Legal Salary Survey & Guide 2016 www.aquissearch.com Overview Throughout 2015 the Hong Kong legal market remained steady. We saw predominately replacement roles on offer from multinational

More information

HUDSON SALARY GUIDES 2015

HUDSON SALARY GUIDES 2015 Singapore HUDSON SALARY GUIDES 2015 Sales & Marketing about this publication This Salary Guide is a compilation of salary and market information provided by Hudson consultants, clients, candidates and

More information

Accountancy & Finance Salary Guide 2015 www.sigmar.ie

Accountancy & Finance Salary Guide 2015 www.sigmar.ie www.sigmar.ie Accountancy & Finance Salary Guide 2015 Sigmar Recruitment Sigmar Recruitment, established 2002, is a leading Irish recruitment services company with 15 specialist divisions across the entire

More information

HUDSON SALARY GUIDES 2015

HUDSON SALARY GUIDES 2015 Singapore HUDSON SALARY GUIDES 2015 about this publication This Salary Guide is a compilation of salary and market information provided by Hudson consultants, clients, candidates and other sources across

More information

Extended Bureau meeting of the Group of Experts on Global Energy Efficiency 21 (GEE21)

Extended Bureau meeting of the Group of Experts on Global Energy Efficiency 21 (GEE21) Extended Bureau meeting of the Group of Experts on Global Energy Efficiency 21 (GEE21) Energy, Energy Efficiency, & Renewable Energy. In Escwa Region By Eng. Abdul Halem Kassem As is known the ESCWA includes

More information

The 2014. Executive Search Industry Global Outlook Report

The 2014. Executive Search Industry Global Outlook Report The 2014 Executive Search Industry Global Outlook Report About The Association of Executive Search Consultants The Association of Executive Search Consultants (AESC) is the worldwide professional association

More information

Budgeting And Budget Control Of The HR Function/ Effective Manpower Planning

Budgeting And Budget Control Of The HR Function/ Effective Manpower Planning Budgeting And Budget Control Of The HR Function/ Effective Manpower Planning Course One Budgeting And Budget Control Of The HR Function 6 8 March 2016* 14 16 August 2016 6 8 November 2016 The Address Hotel,

More information

Searching for returns: real estate investors take profits

Searching for returns: real estate investors take profits Hamburg, 14 September 2015 Investor survey: Searching for returns: real estate investors take profits - International pressure to invest opens up selling opportunities - Trend towards higher risk and cross-border

More information

31 MAY 2016 ARMANI HOTEL DUBAI, UAE

31 MAY 2016 ARMANI HOTEL DUBAI, UAE Presented by: 31 MAY 2016 ARMANI HOTEL DUBAI, UAE 2016 AWARD CATEGORIES Best Prepaid Program Best Premium Card Best Credit Card Best Co-Branded Card Best Debit Card Best Corporate Card Most Improved Card

More information

INTERNATIONAL MBA IE BUSINESS SCHOOL

INTERNATIONAL MBA IE BUSINESS SCHOOL INTERNATIONAL MBA IE BUSINESS SCHOOL CAREER REPORT 2014 2013-2014 GRADUATES www.ie.edu/international-mba INTERNATIONAL MBA CAREER REPORT 2013-2014 GRADUATES CONTENTS I. Facts and Trends II. Profile of

More information

HAYS UAE 2012 SAlArY guide

HAYS UAE 2012 SAlArY guide HAYS UAE 2012 salary guide We are the world s leading recruiting experts in qualified, professional and skilled work. By truly understanding our clients and candidates, locally and globally, we help companies

More information

GLOBAL TREND REPORT SPECIALIST FINANCE H1 JAN-JUN

GLOBAL TREND REPORT SPECIALIST FINANCE H1 JAN-JUN GLOBAL TREND REPORT SPECIALIST FINANCE 014 H1 JAN-JUN A MIXED GLOBAL OUTLOOK FOR HIRING ORGANISATIONS AND CANDIDATES In line with our commitment to keep professionals working in Specialist Finance functions

More information

Middle East. Bahrain Kuwait Oman Qatar Saudi Arabia United Arab Emirates

Middle East. Bahrain Kuwait Oman Qatar Saudi Arabia United Arab Emirates S o l u t i o n s S u m m a r y Middle East Bahrain Kuwait Oman Qatar Saudi Arabia United Arab Emirates ahrain Consultants will be employed by Mauve Technology International in Bahrain. There are no taxes

More information

2015 Growth in data center employment continues but the workforce is changing

2015 Growth in data center employment continues but the workforce is changing Published in Conjunction with MARKET BRIEFING GLOBAL DATA CENTER EMPLOYMENT 2015 2015 Growth in data center employment continues but the workforce is changing Globally, the number of people working in

More information

Development of Health Insurance in the GCC & MENA Region

Development of Health Insurance in the GCC & MENA Region Development of Health Insurance in the GCC & MENA Region Dr. Michael Bitzer Arab-German Finance & Investment Conference November 17, 2011 Agenda Healthcare Expenditures in the GCC and MENA Insurance penetration

More information

BRAZIL. 2013 was a slow year in Brazil with just over 2% GDP growth.

BRAZIL. 2013 was a slow year in Brazil with just over 2% GDP growth. BRAZIL 2013 was a slow year in Brazil with just over 2% GDP growth. Compared to 2012, however, Brazilian businesses were better able to anticipate market conditions and respond accordingly. As a result,

More information

Legal Private Practice Market Report & Salary Survey 2012/2013 Hong Kong

Legal Private Practice Market Report & Salary Survey 2012/2013 Hong Kong Legal Private Practice Market Report & Salary Survey 2012/2013 Hong Kong Introduction Welcome to the Taylor Root Hong Kong Private Practice market report for 2012/2013. Our report includes an appraisal

More information

U.S. Salary Increase Survey Highlights

U.S. Salary Increase Survey Highlights Consulting Performance, Reward & Talent 2012 2013 U.S. Salary Increase Survey Highlights We ask each participating company to treat these survey findings with the greatest confidence. The findings are

More information

Legal in-house financial services salary guide 2011. taylorroot.com

Legal in-house financial services salary guide 2011. taylorroot.com Legal in-house financial services salary guide 2011 Introduction Our legal financial services division specialises in recruiting permanent and temporary legal professionals at all levels from paralegals

More information

ENGINEERING. THE LEADING COMPETENCE PARTNER FOR THE TECHNOLOGY SECTOR www.additude.se

ENGINEERING. THE LEADING COMPETENCE PARTNER FOR THE TECHNOLOGY SECTOR www.additude.se ENGINEERING THE LEADING COMPETENCE PARTNER FOR THE TECHNOLOGY SECTOR www.additude.se 1 ABOUT ADDITUDE Additude is one of Sweden s leading partners in the technology sector. This position is firmly based

More information

Der europäische Energiemarkt im Einfluss globaler Entwicklungen Auswirkungen unkoordinierter, regionaler Energiestrategien

Der europäische Energiemarkt im Einfluss globaler Entwicklungen Auswirkungen unkoordinierter, regionaler Energiestrategien Der europäische Energiemarkt im Einfluss globaler Entwicklungen Auswirkungen unkoordinierter, regionaler Energiestrategien DI Dr.techn. Christian Panzer Wien Energie Unternehmensentwicklung Web: http://wienenergie.at

More information

REN21 2014 Global Status Report Renewable energy in the MENA region. Presented by the UAE Ministry of Foreign Affairs 3 July 2014

REN21 2014 Global Status Report Renewable energy in the MENA region. Presented by the UAE Ministry of Foreign Affairs 3 July 2014 REN21 2014 Global Status Report Renewable energy in the MENA region Presented by the UAE Ministry of Foreign Affairs 3 July 2014 News of 2013 and early 2014 200 MW of wind completed and 160 MW of CSP under

More information

Jordan Renewable Energy

Jordan Renewable Energy Jordan Renewable Energy Projects & investment Opportunities Take advantage. Turn to Jordan. Dr. Bashar Al-Zu bi, Senior Advisor to the CEO December 2010 and is the natural gateway into Iraq and its tremendous

More information

27 TH SEPTEMBER 2016 THE CONRAD HOTEL DUBAI, UAE

27 TH SEPTEMBER 2016 THE CONRAD HOTEL DUBAI, UAE 27th September 2016 The Conrad Hotel, Dubai, UAE 27 TH SEPTEMBER 2016 THE CONRAD HOTEL DUBAI, UAE TELECOMS WORLD AWARDS 2016 CATEGORIES BEST OPERATOR BEST BRAND BEST CUSTOMER EXPERIENCE BEST ENTERPRISE

More information

Hay Group Egypt IT Sector Forum. 27 th April 2015 Cairo, Egypt

Hay Group Egypt IT Sector Forum. 27 th April 2015 Cairo, Egypt Hay Group Egypt IT Sector Forum 27 th April 2015 Cairo, Egypt Statutory warning THE INFORMATION IN THIS DOCUMENT AND ANY ORAL PRESENTATIONS MADE BY HAY GROUP CONTAINS TRADE SECRETS AND CONFIDENTIAL AND

More information

CHANGING TRENDS AND BUSINESS OPPORTUNITIES IN THE MIDDLE EAST

CHANGING TRENDS AND BUSINESS OPPORTUNITIES IN THE MIDDLE EAST CHANGING TRENDS AND BUSINESS OPPORTUNITIES IN THE MIDDLE EAST SEMINAR 10.2.2015 in Tampere LIMITED NUMBER OF SEATS Our Organisation Partners: EVENT INFORMATION CHANGING TRENDS AND BUSINESS OPPORTUNITIES

More information

Emirates NBD Announces First Quarter 2015 Results

Emirates NBD Announces First Quarter 2015 Results For immediate release Emirates NBD Announces First Quarter 2015 Results Net profits up 60% to AED 1.7 billion on higher income and lower provisions Total Income up 15% to AED 3.8 billion as non-interest

More information

Mercans Middle East Healthcare Recruitment Experts. Mercans - Company Profile

Mercans Middle East Healthcare Recruitment Experts. Mercans - Company Profile Mercans Middle East Healthcare Recruitment Experts Mercans - Company Profile Mercans Middle East Healthcare Recruitment Experts Marko Taylor - www.mercans.com - Healthcare Recruitment 2 Mercans Profile

More information

Global Talent Management and Rewards Study

Global Talent Management and Rewards Study Global Talent Management and Rewards Study At a Glance Overview The 2014 Global Talent Management and Rewards Study provides an in-depth look at the practices and concerns of organizations around the globe.

More information

HUMAN RESOURCES SALARY SURVEY

HUMAN RESOURCES SALARY SURVEY HUMAN RESOURCES SALARY SURVEY JANUARY 2011 The data presented in this survey has been sourced from the analysis of vacancies placed with Alexander Lloyd during the period of 12 calendar months beginning

More information

Middle East and North African Steel Markets to 2020

Middle East and North African Steel Markets to 2020 Receive a complimentary Metal Bulletin Research 2008 Middle East Steel map RRP 295 The most comprehensive research done to date about the Middle East steel market. George Matta, Ezz Steel A Strategic Outlook

More information

2015 WAS A MIXED YEAR FOR THE INDONE- SIAN RECRUITMENT MARKET.

2015 WAS A MIXED YEAR FOR THE INDONE- SIAN RECRUITMENT MARKET. Indonesia 2015 WAS A MIXED YEAR FOR THE INDONE- SIAN RECRUITMENT MARKET. A slowdown in growth, political challenges, a continuing failure to address critical infrastructure issues and a declining rupiah

More information

PROJECT MANAGEMENT SALARY SURVEY 2014

PROJECT MANAGEMENT SALARY SURVEY 2014 ESI INTERNATIONAL ASIA PACIFIC PROJECT MANAGEMENT SALARY SURVEY 2014 An ESI International study SURVEY OBJECTIVES The inaugural Asia Pacific project management salary survey conducted by ESI International

More information

Servcorp Limited Analyst Presentation. Presented by Alf Moufarrige, CEO Taine Moufarrige, Executive Director

Servcorp Limited Analyst Presentation. Presented by Alf Moufarrige, CEO Taine Moufarrige, Executive Director Servcorp Limited Analyst Presentation Presented by Alf Moufarrige, CEO Taine Moufarrige, Executive Director Wednesday 23 February 2011 1 Operational Highlights H1 2011 Mature floor NPBT of $13.32 million

More information

MARKET TRENDS & SALARY REPORT 1H 2014 JAPAN

MARKET TRENDS & SALARY REPORT 1H 2014 JAPAN MARKET TRENDS & SALARY REPORT 1H 2014 JAPAN WELCOME 2 Ambition Market Trends & Salary Report 1H 2014 Japan Contents Introduction 4 Japan Market Overview Finance & Accounting 6 Technology 7 About Ambition

More information

CIMA SALARY SURVEY 2013. Ghana

CIMA SALARY SURVEY 2013. Ghana CIMA SALARY SURVEY 2013 Ghana 2 On average part qualified CIMA students earn c. GHS2,955 per month in total. Students agree that the CIMA qualification strengthens their ability to work internationally,

More information

SPAIN. Following the high unemployment of recent years, Spain has seen a large number of online start-up enterprises emerging onto the

SPAIN. Following the high unemployment of recent years, Spain has seen a large number of online start-up enterprises emerging onto the SPAIN SUMMARY After six years of economic downturn, Spain experienced a much-needed uplift in market confidence and recruitment activity in 2014. Unemployment reduced and GDP increased to 1.2%, which although

More information

List of tables. I. World Trade Developments

List of tables. I. World Trade Developments List of tables I. World Trade Developments 1. Overview Table I.1 Growth in the volume of world merchandise exports and production, 2010-2014 39 Table I.2 Growth in the volume of world merchandise trade

More information

World Solution Provider

World Solution Provider GE Consumer & Industrial World Solution Provider GE imagination at work GE Six businesses aligned with our customers needs, acting as one company. Harnessing the imaginations of more than 300,000 people

More information

Deutsche Bank Global Transaction Banking DIRECT SECURITIES SERVICES. Securities Services. Middle East North Africa

Deutsche Bank Global Transaction Banking DIRECT SECURITIES SERVICES. Securities Services. Middle East North Africa Deutsche Bank Global Transaction Banking DIRECT SECURITIES SERVICES Securities Services Middle East North Africa Finding the right custodian with a long-term commitment to supporting its clients business

More information

Australian Market Insights & Salary Guide General Insurance

Australian Market Insights & Salary Guide General Insurance Australian Market Insights & Salary Guide General Insurance 2016 Contents Executive Summary 3 Market Overview 4 Salary Guide 10 About Marks Sattin 11 Contact us 11 These survey results are recognised throughout

More information

Engineering Division

Engineering Division Engineering Division Alexander Daniels is a professional recruitment group offering a creative, passionate and professional service to our clients and candidates. A multifunctional search and selection

More information

Relationship among GDP, Per Capita GDP, Literacy Rate and Unemployment Rate

Relationship among GDP, Per Capita GDP, Literacy Rate and Unemployment Rate , Vol.14 NoII (213) BritishJournal Publishing, Inc. 213 http://www.bjournal.co.uk/bjass.aspx Relationship among GDP, Per Capita GDP, Literacy Rate and Unemployment Rate M. Shafiqur Rahman Department of

More information

CIMA SALARY SURVEY 2013. Sri Lanka

CIMA SALARY SURVEY 2013. Sri Lanka CIMA SALARY SURVEY 2013 Sri Lanka 1 Foreword This year s annual salary survey of the CIMA community in Sri Lanka highlighted another year of rapid career progression across all areas of a business and

More information

AGR Consultancy Worldwide opportunities. Recruitment and consultancy solutions

AGR Consultancy Worldwide opportunities. Recruitment and consultancy solutions AGR Consultancy Worldwide opportunities Recruitment and consultancy solutions Remote locations Deepwater Decommissioning 02 Connecting clients and consultants worldwide High pressure high temperature Extended

More information