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Talent crunch: What are the most in-demand skills in the Middle East?

The Middle East's technological and business landscape is evolving, but a lack of educational opportunities in IT-related subjects and a strong preference for traditional careers is leading to a widening skills gap, which can be addressed through on-the-job training programs and strategic investments.

CIO | Middle East  >  Computing / laptop / office workspace
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Rising investment in modern infrastructure, emerging technologies and, tourism are helping Middle Eastern countries diversify away from oil exports, while setting the stage for a knowledge-based economy.

But, the region is suffering from a shortage of talent.

The demand for skilled workers exceeds the supply and if this not addressed major markets such as the United Arab Emirates (UAE) and Saudi Arabia could miss out on US$14.46 billion and $25.80 billion respectively of unrealized output by the end of this year, according to U.S.-based consulting firm Korn Ferry.

These figures could rise to $50.55 billion and $206.77 respectively, a decade later, according to the consulting firm’s estimates. During the same time, there will be an overall global talent shortage of more than 85.2 million people, it said.

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