The professional registered jobseekers database having exceeded the one million mark earlier this year has the highest number of jobseekers in Saudi Arabia amounting to15.49 percent.*
Bayt.com CEO Rabea Ataya said: " With the growing concept of Saudization and high unemployment rates, we thought of Saudi Arabia as an ideal investment oppurtunity .Over a period of time, we observed a proportionate rise in the number of companies looking to hire and candidates seeking jobs. Opening an office here will help to bridge the gap between both parties in this region.”
Leading the list of registered employers in the Middle east is Saudi Arabia amongst UAE, Kuwait, Jordan, Egypt. Atleast86% employers use Bayt.com to recruit from multinationals and small private organisations.*
“After identifying employment oppurtunities in the oil, gas and energy companies, we strongly felt the need to leverage the local markets of Riyadh, Jeddah and Al Khobar by meeting the needs of both part, “ added Ataya.
Bayt.com CEO Rabea Ataya said: “Bayt has firmly established itself as the region’s largest talent marketplace. Revenue growth exceeded75 per cent in2005 and net profits were up three-fold. Last year was the fifth straight year of double-digit growth for the brand, and the future for Bayt is even brighter. We now employ150 plus recruitment professionals in10 Middle East cities.”
Bayt.com is aiming to triple its current workforce by2007 and recently launched its own career micro-site - www.bayt.com/'careers’ - to recruit new team members. By the end of next year, registered jobseekers are expected to reach3.5 million and60,000 employers are projected to be using the service.
Bayt.com also plans on opening a 'Career Coaching Centre' for the nationals in this region to offer jobseekers specialist training and boost their chances of landing their dream job. This follows the success of Bayt’s CV Services division, which performs CV writing services using dedicated recruitment specialists.The Bayt.com site sees1.5 million visitors a month, and monthly page views exceed65 million. Founded in2000, Dubai-based Bayt.com has established offices in10 Middle East cities: Abu Dhabi, Dubai, Riyadh, Jeddah, Al Khobar, Manama, Doha, Kuwait City, Amman and Islamabad.