Friday 19 April 2024
 
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Bloovo.com

SMEs driving GCC economic and job growth: study

Ninety per cent of all companies in Kuwait, Oman and Saudi Arabia are SMEs, while the Qatari business ecosystem is 75 per cent composed of SMEs, a report said, adding that these companies are crucial to economic growth in GCC countries.

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SME growth ‘can offset oil price slump’

A long-term drop in oil prices makes investment in small and medium enterprises (SMEs) essential for GCC countries, a report said, highlighting the beneficial role SMEs play in catalysing economic diversification and employment. The lat

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43pc of GCC workforce ‘dissatisfied with job’

Around 43 per cent of employers across the GCC are dissatisfied by the jobs they are currently in, a report said, adding that job mismatch, or a poor fit between employee and job, is the biggest culprit in harming job satisfaction.

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