Register for our free newsletter

 
 
Latest News

job cuts

Abu Dhabi investment firm TNI slashes jobs

Abu Dhabi investment firm TNI slashes jobs

Abu Dhabi-based investment firm, The National Investor (TNI), has shed more than half of its workforce and is planning more job cuts in a bid to reduce costs in response to tough financial markets, several sources told Reuters on Monday.

February 6, 2012 2:58
 
Kuwait’s Global, Kamco cut nearly 100 jobs

Kuwait’s Global, Kamco cut nearly 100 jobs

Two of Kuwait's largest investment firms have cut nearly 100 jobs in cost-cutting measures, sources said on Sunday, as they grapple with difficult market conditions.

January 22, 2012 5:37
 
Imprudent: expert responds to Abu Dhabi’s theme park plans

Imprudent: expert responds to Abu Dhabi’s theme park plans

When it comes to Abu Dhabi Adventure World, ITPS president Dennis Speigel tells Kippreport that the time is just not right for a project of this magnitude.

December 14, 2011 3:21
 

One in ten people laid off in the GCC this year

One in ten professionals have lost their jobs…

December 8, 2009 4:40
 
The job cuts were deep

The job cuts were deep

10 percent of the GCC’s professional workforce was made redundant between August 2008 and August 2009. The percentage is higher in the UAE.

December 8, 2009 1:04
 

Unemployment and job cuts reducing in the US

The unemployment rate in the US fell from...

December 5, 2009 7:19
 

Lloyds to cut 5,000 jobs

Lloyds Banking Group, the UK's largest mortgage provider, announced it will cut 5,000 jobs in its administration, insurance and mortgage sectors...

November 10, 2009 2:14
 

Nakheel may cut 500 jobs

Dubai Government-owned property developer Nakheel may cut up to 500 jobs due...

October 12, 2009 3:45
 
Emaar beats around the bush

Emaar beats around the bush

Emaar neither denies nor confirms rumors that it may cut 250 jobs and reduce salaries by up to 30 percent.

March 23, 2009 8:50
 
More job cuts

More job cuts

Dubai World has announced it axed 100 jobs. Blame the financial crisis, again.

February 11, 2009 1:43
 
12