TMP has agreed four-year banking facilities with Investec Private Bank to increase its growth opportunities.
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Unemployment in the UAE jumped to 4% in 2008, from 3.45% in 2007, according to figures from the Ministry of Economy.
An Abu Dhabi-based economic advisor told Emirates Business 24|7: “We have to consider the fact that some expatriates have left the country since the global financial crisis. This means the jobless rate among expatriates will not increase sharply.
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Rachael Armstrong
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Partnership
Whether or not TAWD will get any amendments, the outcome will come down to politics
In his daily newsletter for Singer Capital markets, Kean Marden, an analyst at the firm, writes: “As SThree floated in 2005 there is insufficient history to assess its Enterprise Value (EV)/sales multiple across a full cycle.
Job board Totaljobs.com has launched Totaljobs Barometer that allows users to access a range of analytical data about the UK’s online recruitment market across 33 sectors.
The ‘Totaljobs Barometer’ data can be filtered so that users can focus in on a particular region or sector, meaning that patterns specific to those areas can be identified and analysed.
HM Revenue and Customs (HMRC) has warned recruiters and umbrella companies involved in the supply of temporary workers that arrangements known as “Travel and Subsistence Schemes” or “Mobile Workers Schemes” are coming under scrutiny because of concerns that some are operating against the law.
Hospitality recruiter Towngate Personnel has moved from its Bournemouth head office to the second floor of newly refitted County Gates House, more than doubling its floor space.
Services sector business remains below normal, but less so than in the previous three quarters, according to the latest CBI Service Sector Survey.
IT recruiter Parity Group continued to encounter “difficult trading conditions”, in its interim results for the six months ended 30 June 2009.
Revenue was £62.8m (2008: £66.3m), while operating profit from continuing operations (before exceptional items) was £336k (2008: £735k).