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HomeGulf Job PaperGulf Job Paper 15 July

Gulf Job Paper 15 July

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Gulf Job Paper, July 15 2024

Main Highlights: Page 1

Gulf Job Paper 15 July 2024 page 0001

Gulf Job Paper: Indian Tourists in UAE Can Now Pay in Rupees:

  • Indian tourists can now use UPI (Unified Payments Interface) linked to their bank accounts for payments in the UAE.
  • This new payment method will benefit the retail, hospitality, and jewelry markets in the UAE.
  • The initiative was launched through a partnership between NIPL (NPCI International Payments Limited) and UAE-based payment solutions provider, allowing over 200,000 merchants to accept UPI payments via QR codes.

Unilever to Cut 3,200 Jobs in Europe:

  • Unilever plans to reduce its office-based workforce in Europe by 3,200 jobs by the end of 2025.
  • This decision follows a previously announced overhaul aiming to save €800 million.
  • The job cuts represent about a third of Unilever’s office-based jobs in Europe.

Saudi Arabia Announces Increase in Employment Opportunities for Skilled Professionals:

  • Saudi Arabia is enhancing job opportunities for skilled expatriates.
  • The Ministry of Human Resources and Social Development has successfully completed the initial phase of the “Professional Verification” service as part of its broader “Professional Accreditation” program.
  • This initiative involves 128 countries and aims to ensure that expatriates entering Saudi Arabia have the necessary qualifications and skills.

Main Highlights: Page 2

Gulf Job Paper 15 July 2024 page 0002

Qatar Offers Over 500 Government Jobs for New Graduates:

  • The Civil Service and Government Development Bureau (CGB) announced 555 job opportunities in the second phase of its 2024 employment creation project.
  • Most positions are technical roles suitable for new graduates.

Gulf Job Paper: Kuwait Project Awards Surge 444% to $2.25 Billion:

  • Project awards in Kuwait increased significantly, driven by investments in infrastructure and energy sectors.
  • Major projects include infrastructure development in South Sabah Al Ahmad and affordable housing in the Al Naeem area.
  • The energy sector projects worth $22.8 billion are expected to be awarded in the second half of 2024.

Bitcoin Surges to $60,000 Following Trump’s Resurgence:

  • Bitcoin’s value increased to over $60,000 following an attempted attack on former President Donald Trump.
  • Trump’s response to the attack has boosted his re-election chances, impacting market stability and cryptocurrency values.

Main Highlights: Page 3

Gulf Job Paper 15 July 2024 page 0003

Kuwait’s GDP Expected to Grow by 4% in 2025:

  • Kuwait’s GDP is projected to grow by 0.9% quarter-on-quarter in Q4 2024 and by 4% year-on-year in 2025, contingent on the full restoration of its oil production.
  • This follows OPEC+ production cuts that included a 135,000-barrel-per-day reduction for Kuwait.

Main Highlights: Page 4

Gulf Job Paper 15 July 2024 page 0005

Dubai Airport Terminal 3 Enhancements Reviewed by Sheikh Mohammed:

  • Sheikh Mohammed bin Rashid Al Maktoum reviewed the progress of various enhancements at Dubai International Airport Terminal 3.
  • Dubai continues to strive to be a global leader in travel and aviation, with significant investments in infrastructure, services, and advanced technologies.
  • The airport recorded an 8.4% increase in passenger traffic in the first quarter of 2024 compared to the previous year.

Gulf Job Paper: Professional Accreditation in Saudi Arabia:

  • Details the process for expatriates to verify their educational qualifications and professional skills to work in Saudi Arabia.
  • Emphasizes the importance of having certified qualifications for entering the Saudi job market.

Main Highlights: Page 5

Currency Exchange Rates:

  • Lists exchange rates for various currencies against the Indian Rupee as of July 14, 2024.
  • Includes currencies like Saudi Riyal (SAR), Kuwaiti Dinar (KWD), UAE Dirham (AED), and others.

Gulf Job Paper: Dubai International Airport Enhancements:

  • Sheikh Mohammed praised the ongoing improvements at Dubai International Airport and emphasized Dubai’s future ambitions.
  • Highlighted the airport’s strategic importance and its role in boosting Dubai’s economy and tourism.

Contact Information and Additional Resources:

  • Provides links to join Gulf Job Paper’s Telegram, WhatsApp, and other social media platforms for real-time updates and exclusive content.
  • Includes email contact for queries and a link to view live currency exchange rates.

This summary captures the key points and news from each page of the Gulf Job Paper issued on July 15, 2024.

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