Image via WikipediaIn the competent economic global scenario, Dubai has risen as a global city and a business vertex. Although set up on the oil industry, the city's main economic yields are generated from the real estate, tourism and financial sectors. Large scale constructions and investments are increasingly attracting global attention in Dubai's economic scenario.
Dubai's strategic location caters favorably to its expanding economic horizons. A time zone transit between the Far East and Europe on the East-West Axis and the CIS and Africa on the North-South Axis, Dubai enjoys well consolidated trading connections with more than 1.5 billion professionals in the surrounding regions covering the Arabian Gulf, Middle East/Eastern Mediterranean, Central Asia, CIS, Africa and Asian sub-continent. Additional factors such as growing international trade relations, well placed local economy that enhances the revenue yields and sound accessibility further amplify Dubai's economic stability.
Dubai also enjoys a secure political and economic stance. The city upholds ample economic liquidity as it has liberal economic strategies that support favorable monetary gains for various companies and working professionals.
Dubai boasts of a well-planned and suave economic environment. With a free and open economic system fluidizing the inflow of investors and business professionals/companies, the city is recording continuous growth with the advancing times. Tax-free income policies and minimum government domination attracts huge professional talent towards Dubai's economic scenario.
The city is also embellished with excellent infrastructure and smooth paced service sector. The magnificent infrastructural support highly caters to the industrial sector by providing substantial development scope. Dubai also offers an excellent investment platform by providing favorable cost and price advantages as compared to other international locations. Factors such as no bars on foreign exchange, competitive labour costs, real estate costs, financing values and high standards of liquidity prove to be extensively propitious growth probabilities to prospective global investors.
The easy and well-developed political environment stands forth as another factor that promises a static growth scenario to the city. The economy of Dubai has been predominantly a free and open structure. This permits a smooth running of the economic machinery with negligible cost/tax deductions that creates a free flowing income scheme running in the society.
The Oil and Gas industry offers a massive employment efficacy and impressive rate of income. The job openings are prevalent both in fields and rigs. Onshore and offshore employment vacancies remain available for geoscientists, reservoir engineers, shipping officers, petroleum engineers, etc. oil and gas field also caters to the employment needs of various other working professionals engaged in the segments of sales, finance, health, environment, refinery and safety.
The Oil and Gas sector industries serve as employment generators for a huge assemblage of job seekers, skilled and semi-skilled workforce and tradesmen. From engineering professionals and technicians to IT and trade professionals, Oil and Gas industry offers employment opportunities for all.
The intellect of mechanical, chemical and petroleum engineers serve beneficial for the Oil and Gas sector, ascribing to its designing, maintenance, recovery and transport requirements. Technicians cater favorably to the field by satisfying the field requirements, drafting needs and lab technicalities. Engineers and technicians are thus employed on large scales to fulfill the vast specialized requirements of the Oil and Gas industry.
IT intellectuals also form an important component of the Oil and Gas industry workforce, as the technological occupations such as maintaining the computers, programming and networking are sorted by the IT professionals. Job opportunities for IT sector are therefore created in the network administrational department, network security segment etc.
Also, Oil and Gas sector also generates employment opportunities for mechanics, plumbers, welders and iron workers, enhancing professional success to experienced tradesmen. Comfort with long working hours and distant work sites are the qualities that tradesmen possess catering favorably to Dubai's Oil and Gas industry.
Dubai's Oil and Gas sector therefore caters to an immense number of employment needs of potential working professionals. Providing tremendous job opportunities onshore as well as offshore, this sector renders the Emirate as the promising employment destination globally.
Deepika Bansel writes on behalf of NaukriGulf.com, a leading job portal for jobs in Gulf Region, Jobs in Dubai Middle East jobs. Naukri.com's foray into the Middle East is an Endeavour to provide established client base with services that best meet their international requirements as well as expand our operations on to a global arena.
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