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Six months on from our last Middle East Market Report (2008), it is evident that the global financial crisis is far from over. Asset prices are most likely to further decline and the process of de-leveraging will continue.
In the context of the wider world, in spite of the fall in both oil prices and production, the countries that make up the GCC are economically relatively strong. However, oil revenues, capital investments and current account surpluses in the GCC region will experience a sharp deceleration in 2009. This will have a significant impact on economic growth which is forecast to fall from 5% in 2008 to 2.5% in 2009.
Within the overall market, effective corporate governance is high on the agenda and the region is being particularly pro-active in ensuring the best possible practice is followed. This is reflected in continued demand for corporate governance professionals with a wide range of skills and areas of specialisation.
Barclay Simpson’s Middle East Market Report 2009 takes a detailed look at the current shape of the corporate governance recruitment market in the GCC and assesses the prospects for 2009.
To download the full report, simply click on the graphic or choose from the following links to go straight to specific sections of the report:
- Market overview & outlook
- Market commentary & analysis by sector / country
- Salaries
If you have any problems accessing the report or would like to discuss any aspect of it, please call 020 7936 2601.
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