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Thousands of Gulf Jobs to be Created by Oracle and KPMG

Middle East : 13 August 2011

Oracle Kicks Off Major Hiring Spree

Looking to bring on 1,700 new recruits, Oracle is hiring across the EMEA region (Europe, Middle East and Africa).

The company continues to grow in all directions resulting in new positions for all levels, from recent graduates to consultants and senior level sales staff. Positions in Oracle Direct are also opening up.

Oracle is a global company that has seen wide success and offers first-rate careers in the EMEA region and around the world.

Some of the biggest organizations in the world, including those involved with innovation and included in the Fortune 100, work with Oracle. Networking opportunities for Oracle staff are nearly unlimited.

The company offers impressive benefits and rewards, such as truly flexible work time and unmatched industry training.

Human Resources Director for Saudi Arabia and the Gulf, Michael Toft, stated that this move to hire 1,700 employees is meant to support growth and is a reflection of the regional demand for beginning-to-end integrated and cooperative software and hardware that his firm offers. Oracle’s approach is continuing to gain in popularity and the resulting growth is providing positions in the EMEA region.

Toft noted that Oracle is looking for staff that is excited about the challenge and prospect their company growth brings.

KPMG Member Firms Set to Recruit 75,000 Graduates From Around the World

KPMG members have plans to bring on 75,000 graduates from across the globe over the coming three-year period. This move represents a rise of 25 percent for KPMG’s on-campus hiring.

The worldwide member organization has reported that around 250,000 new recruits will need to come on over a five-year period. Graduate hiring plays a vital role in KPMG’s long-term strategy for global growth. All of the firm’s functional areas, including advisory and tax, internal firm and auditing services, will put the new hires to work.

Global Head of Resourcing for KPMG International, Alim Dhanji, noted that although they are looking for a large volume of recruits, the firm is focused mainly on securing top talent that will help support growth. The member companies provide opportunities to work within 150 nations, tackling complex issues and making a real difference within some of the top global organizations.

As globalization continues to impact their clients, KPMG is looking for leaders with a solid understand of the complexities involved in global business, according to Global Head of People at KPMG International Rachel Campbell. The KPMG member workforces are prepared to meet the needs of clients across the globe, driving the brand’s culture of high performance forward.

In Oman KPMG has been actively hiring graduates that focus on Omanisation. This trend will continue and is line with KPMG’s ambitious plans for growth. There are specifically developed programs of training at the Omani KPMG targeting graduates of the nation. KPMG has offered invaluable and successful support to Omani nationals that have qualified for the ACCA (or Association of Chartered Certified Accountants), UK.

Khalid Ansari, a partner with the responsibility to manage the Omanisation program, noted that KPMG has been successful in training both auditors and accountants in Oman for years. They have trained over 200 nationals and support those trainees working towards ACCA qualification with mentoring, financial aid, global assignments and peer study.

Revenues in Oman Rise to RO 2.3 Billion

First quarter revenues in Oman increased to RO 2.308bn, compared to RO 1.996bn at the close of March last year. That represents an increase of 15.6. Public spending also increased by 9.1 percent, reaching RO 1.718bn over the same time period. Other expenses totaled RO 843.5mn, resulting in a budget deficit for the first quarter of RO 271.4mn, compared to a RO 444.6mn surplus in the matching period in 2010.

Oil revenue increased by 22.2 percent, landing at RO 1.742bn at the close of March, compared to the RO 1.425bn in the same period last year. A portion of this amount was put aside for reserve funds.

Gas revenues were also up by 10.8 percent, reaching RO 243.6bn compared to RO 219.9bn in the corresponding period for 2010. Customs revenue fell by 24.7 percent, coming in at RO 26.2mn and compared to RO 68mn from the same period in 2010. Other earnings declined from the RO 243mn reported last year, falling 10.2 percent to hit RO 219mn.

His Majesty Sultan Qaboos put forth directives resulting in government action to drive RO 1bn in fiscal procedures forward. These moves target an improved livelihood for citizens of the nation and accelerate social development.

The Minister Responsible for Financial Affairs, Darwish bin Ismaeel bin Ali al Balushi, made an announcement that public spending will hit RO 9.1bn as a result of the fiscal procedures. This will create a 1.9 percent budget deficit that can be taken care of with additional oil revenue.

Paul Holdsworth, Staff Writer, Gulf Jobs Market News
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