Banks go on hiring spree in Middle East

Dubai

BANKS and financial firms are increasing hiring at the fastest pace among Middle East employers as the region's economies improve and governments plan infrastructure projects, according to recruiters Monster Worldwide Inc.

Demand for banking and finance professionals jumped in March, with a 65 per cent increase in job postings from a year earlier, data from the Monster Employment Index Middle East published on Tuesday show. Job listings for financial positions climbed 38 per cent in the United Arab Emirates, home to the region's main financial hub.