Sharjah, the third largest emirate of UAE by geographical area and population is also a key contributor to the UAE’s Gross industrial output and overall GDP. Furthermore, the emirate has 19 industrial areas which contribute in excess of 48% to the UAE’s GIO. With a diversified economic climate and a robust infrastructure in place, Sharjah is an attractive destination for job-seekers, entrepreneurs and businesspersons.
The S&P 2016 forecast has also confirmed by all means that Sharjah is going to have a stable economic outlook and growth in the coming future. The main push in the economy would come from four sectors including real estate, manufacturing, mining and energy and wholesale & retail trade. With so much going for it, there is every reason to believe that Sharjah will be buzzing with fantastic employment opportunities in the time to come.
If you are already thinking of applying to a job here, these are the top five employers that should be on the top of your list:
Bank of Sharjah
Also known by the name of Sharjah Islamic Bank, it was in the year of 1976 that this banking institution was setup. Primarily a corporate bank, BoS deals with the accounts of various UAE-based businesses, government organizations, and SMEs. BoS is known for its unique Quintetta Emiratisation Program which aims at creating harmony amongst its employees by teaming up together 5 employees, consisting of expatriates and nationals. This group of five collaborates, assisting each other and reaching its target of a mutually beneficial, harmonious environment. The financial vitals of the bank are also quite strong as it reported a net profit of Dh250 million for the year 2015.
With a total market capitalization of around 1.7 billlion dirhams, Dana Gas is one of the largest oil and gas companies headquartered in Sharjah. The company mainly works on natural gas exploration in Egypt and Iraq, and has recently expanded its operations to its home country UAE where it has started production from the Zora Gas Field. The company has plans to increase its production to more than 70,000 barrels per day by the end of 2016, from 63,900 barrels per day in 2015; needless to say, it would also require more employees to achieve this target.
United Arab Bank
Those who have a banking background can also look up to United Arab Bank, a banking institution par excellence. UAB recently posted its quarterly results which revealed a net profit of AED45 million and the outlook for the rest of the year also looks promising. The bank offers its employees irresistible salary packages in addition to a growth-conducive work environment. You will find here professionals from a diverse set of background and yet totally focused on the values of the company and UAE.
One of the best and also the largest low cost carriers in the Middle East, Air Arabia flies across the continents of Middle East, Asia, Africa and Europe. The airlines being the first Low Cost Carrier in the Middle East, has made a distinct mark for itself in a short span of less than two decades. The fact that it has been profitable right from the year of its inception, has also helped its reputation to grow further. With joint ventures across different airlines in other countries, Air Arabia, is certainly a symbol of the ever growing influence and reach of Sharjah’s flourishing economy.
Although headquartered in Abu Dhabi, Etisalat has its office in Sharjah also, in the very famous Etisalat Tower. The company needs no introduction as it has already established its name amongst the top mobile network operators in the world. With a market cap of 87.7 billion AED, Etisalat is a dream destination for anyone looking for any white collar professional. It is a multinational in truest sense, having offices and operations in 18 countries around the world. Etisalat prides itself in offering a dynamic and rewarding work environment to its employees.
Officials at Sharjah Economic Development Department have stated their intention to further diversify the economy of Sharjah through strategic investments in industrial and retail sectors. With a GDP growth upwards of 8%, Sharjah is the new beacon of hope for residents of UAE, and expats alike.
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