Today: 23 August 2025
6 April 2023
2 mins read

Talent outsourcing in UAE to reach $6.8b by year-end

The report, titled “MENA Talent Map”, found that the UAE is one of the largest suppliers of talent in the Gulf Cooperation Council (GCC)….reports Asian Lite News

Ranked 16th globally for ease of doing business, the UAE is now the second-largest economy in the Arab world, with a gross domestic product (GDP) of around US$360 billion in 2020. As one of the key markets or demand “hot spots” for job outsourcing, the country is rising as a strategic hub where entities can easily outsource parts of their value chains and source-in talent from third parties, thus facilitating high growth overtime.

According to a new report by Boston Consulting Group (BCG) in collaboration with Forward MENA previously known as Beirut Digital District (BDD) Academy, the total spending by UAE-based organisations on outsourcing services from local and offshore providers was estimated at over US$4.8 billion in 2018 and is expected to reach US$6.8 billion in 2023, with a compound annual growth rate (CAGR) of approximately 7 percent.

The report, titled “MENA Talent Map”, found that the UAE is one of the largest suppliers of talent in the Gulf Cooperation Council (GCC). Customer support, finance and accounting, human resources, and KPO are the major jobs and job clusters supplied by the UAE.

In terms of the nation’s future economic outlook, three job clusters were highlighted to help drive long-term strategies, which in turn signal strong growth potential for job outsourcing. These are infrastructure management services, such as cloud engineers and cybersecurity analysts; software and applications development, that include software engineers but also application developers; and finally, data and artificial intelligence (AI), for data scientists and blockchain developers.

“The UAE is striving to diversify its economy with its national and Emirate-level agendas revolving around emerging themes of sustainable economic development, cutting-edge innovation, digital transformation, safety and security, and advanced science, technology and artificial intelligence. With the country calibrating on future-forward initiatives, we expect the country diversification outlook to exceed expectations and ground the nation as a fully rounded hub across industries,” said Dr. Leila Hoteit, Managing Director and Senior Partner, BCG.

Furthermore, when it comes to spending on job outsourcing services and sourcing-in talent, certain key industries spring up. As outlined in the study, the most prominent by far are financial services, public sector, hospitality, leisure and telecommunications.

ALSO READ: Iran names new envoy to UAE after 8 years

Previous Story

UAE youth unite to make COP28 the most inclusive

Next Story

DEWA gives Dh20m to ‘1B Meals Endowment’

Latest from -Top News

US sanctions more ICC judges

Washington hits at The Hague with fresh sanctions on four ICC judges and prosecutors, including French and Canadian officials, over probes targeting Israel and US actions abroad….reports Asian Lite News The United

UAE Wows Osaka!

The UAE Pavilion at Expo 2025 Osaka celebrates its three millionth visitor, blending culture, innovation, and hospitality in an immersive showcase of heritage, sustainability, and forward-looking global vision….reports Asian Lite News The

MBS & Sisi talk ties, Palestine

The two leaders reviewed the historic and strategic relations between Riyadh and Cairo and explored new ways to bolster cooperation…reports Asian Lite News Saudi Crown Prince and Prime Minister HRH Mohammed bin

Dubai’s startup supernova

Marking its 10th year, Expand North Star cements Dubai’s role as a global hub for digital innovation, uniting startups, unicorns, and investors to shape the future economy….reports Asian Lite News Expand North

Qatar: Syria’s stability key to region

Qatar, speaking for the Arab Group at the UN, urged unity and sovereignty for Syria as regional diplomacy, UN warnings, and fragile ceasefires highlight a precarious crossroads….reports Asian Lite News Qatar, speaking
Go toTop

Don't Miss

Mohammed bin Rashid honours 10 winners of 2022 Zayed Sustainability Prize

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President,

Modi Expresses Gratitude to Indian Diaspora in Qatar During Whirlwind Visit

On his arrival, he was received by Soltan bin Saad