UAE ‘ranks first in the Arab region’ in IMD World Talent Ranking

UAE ‘ranks first in the Arab region’ in IMD World Talent Ranking

The UAE ranked first in the Arab region in the latest IMD World Talent Ranking, with the country advancing two places in the 2022 index, which assessed 63 economies in attracting and retaining talent.

The country is among the best countries in terms of readiness to meet the needs of the labour market for skills and expertise by creating a business-friendly environment that can attract and retain expertise and skilled manpower.

The UAE has also been rated highly in foreign highly skilled personnel, zero income tax, availability of skilled labour, senior managers with international experience, availability of competent senior managers, a high number of graduates in ICT, engineering, math and natural sciences and student mobility inbound.

Hiring trends

Meanwhile, a recent survey of jobs in UAE and hiring trends suggests that every 7 out of 10 firms in the UAE, meaning 70% of the UAE firms, are planning to recruit a new employee based on their skill set and qualifications.

Based on the same survey, around 50% of organisations hire foreign immigrants. The UAE firms have been increasing their salaries to attract more skilled immigrants. 86% of the working professionals have a positive career outlook for the next 5 years.

The UAE’s talent landscape was a