Jobs Boom

Dubai on hiring spree as economy bucks inflation and Red Sea disruptions

The emirate's economy grew quickly in February, spurring its biggest hiring spree in eight years.

Dubai’s economy grew quickly in February. (Photo: Getty Images)

A plane lands in Dubai at sunset. (Photo: Getty Images)

It’s a good time to be job-hunting in Dubai. The economy grew quickly in February, bucking inflationary pressures and disruptions in the Red Sea, spurring the biggest hiring spree in the emirate in eight years, according to new data. 

The S&P Global Dubai Purchasing Managers’ Index, a closely monitored indicator of the non-oil economy, posted an uptick from January.

The economy started strong in 2024 and cost pressures remained modest last month. The reading matched May 2019 – making it the joint-highest reading in just over nine years, according to S&P Global.

Dubai’s non-oil economy is “one of the fastest growing worldwide,” David Owen, Senior Economist at S&P Global Market Intelligence, said.

“Output and new order volumes are proving especially robust, with companies reporting new clients, higher demand and a still improving economy post-pandemic,” he added. 

The bumper jobs data in February comes after around four months of more subdued hiring as businesses factored in the newly introduced corporate tax requirements rolled out in the UAE at the start of the year.

Construction, project management and real estate added the most jobs, while travel and tourism is poised for another strong first quarter, according to S&P Global.

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