Latest in Tag: jobs Highlight

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Latest in Tag: jobs

Cloud, Microsoft ecosystem to create 100,000 jobs in Egypt over 5 years: IDC

Microsoft‚Äôs technology ecosystem and the growing popularity of cloud services will create nearly 100,000 jobs in Egypt by the end of 2022, according to new research by the International Data Corporation (IDC). The IDC‚Äôs white paper analyses the impact of information and communications technology (ICT), cloud services, and the Microsoft ecosystem on the Egypt economy …

Daily News Egypt

WTO warns Trump trade war risks ‘millions of jobs’

The WTO chief warned that the trade dispute with was risking loss of investment, jobs, and economic chaos in the US. “We are calling everyone who believes that trade is a force for good to speak up,” he said.World Trade Organization (WTO) Director General Roberto Azevdeo warned on Wednesday that the ongoing trade war between …

Deutsche Welle

IMF First Deputy Managing Director David Lipton

Egypt needs to utilise macroeconomic stability to create jobs, raise living standards through sustainable growth: IMF first deputy managing director

The time has come to take advantage of the Egyptian reform programme‚Äôs success and push to create jobs and raise living standards through sustainable growth, said IMF First Deputy Managing Director David Lipton on Saturday during his visit to Cairo, ahead of the Inclusive Growth and Job Creation in Egypt conference. Lipton explained that, by …

Daily News Egypt

Creating jobs for youth main challenge for Arab region: Azour

Marrakesh –¬†Unemployment continues to be the main challenge facing the Middle East and North Africa (MENA) region, Jihad Azour, president of the International Monetary Fund (IMF) in the Middle East and Central Asia told Daily News Egypt Monday on the sidelines of the IMF‚Äôs Opportunity for All conference. The challenge of unemployment in the Arab …

Nevine Kamel

German unemployment edges up but jobs market remains strong

The number of jobless Germans rose slightly in December compared with the previous month. But on an annual basis there have never been more people employed in Europe’s biggest economy in the past 27 years.In December 2017, German jobless queues rose by 17,000 to 2.385 million, which was however 183,000 people fewer without work than …

Deutsche Welle

Struggling Cathay Pacific cuts 600 jobs

Hong Kong airline Cathay Pacific has announced that it’s laying off 600 staff members in a “tough but necessary” attempt to repair damage to its bottom line. It’s the company’s biggest round of job cuts in 20 years.In an attempt to remain a competitive force in the airline industry, Cathay Pacific will cut 600 jobs …

Deutsche Welle

Shell to cut more jobs as BG takeover nears

Anglo-Dutch oil giant Shell has said thousands more jobs will be slashed, if the takeover of British utility company BG can be finalized as planned. The firm said the move was necessary to save costs in the years ahead. Royal Dutch Shell said Monday it expected to cut 2,800 more jobs globally to save costs, …

Deutsche Welle

Europe’s job engine sputters back to life

For the first time in six years, Europe’s small and medium-sized enterprises (SMEs) are creating new jobs, according to a new report from the EU Commission. DW’s Manuela Kasper-Claridge reports from Luxembourg. Seldom was the mood so good despite the dreary weather outside as the EU executive released its latest report on the state of …

Deutsche Welle

Deutsche Bank cuts thousands of jobs as it posts historic loss

Germany’s biggest lender has posted a historic loss as the bank continues to be bogged down by a string of legal charges. The report comes as Deutsche unveils a huge overhaul of its business. Deutsche Bank on Thursday booked its biggest third-quarter net loss ever as the German lending giant’s bottom line was weighed down …

Deutsche Welle

Jobs for refugees: Easier said than done

In a bid to cope with the ongoing massive migrant influx to Germany, there have been growing calls for integrating asylum seekers into the country’s job market. But experts say it is a long and arduous process. At least 800,000 asylum seekers are expected to arrive in Germany this year alone, according to official estimates. …

Deutsche Welle

US adds jobs, but at a slower clip

US job creation rose less than expected in August as the unemployment rate dropped to a 7-year low and wages slightly increased. The figures keep analysts guessing about the timing of a US interest rate hike. The unemployment rate in the United States came in at 5.1 percent in August, falling to a seven-and-a-half-year low …

Deutsche Welle