Mubasher: The employment market in the GCC region is expected to witness an increase of 9% in 2018, according to a study conducted by GulfTalent, the leading job site for professionals in the Middle East and Gulf region.

Kuwait is expected to offer the highest employment rates among the GCC countries as 18% of the overall companies raised the number of their employees.

GulfTalent’s study included more than 1,100 positions of chairman and CEO in the six Gulf states.

The recent growth in oil prices as well as the positive sentiment in the business sector boosted the increase in the GCC employment rates.

Oil prices have approached $60 per barrel during the past six months after they continued to range from $30 and $50 in 2016 and 2017.

According to a report by the International Monetary Fund (IMF), Kuwait is forecast to register the fastest economic growth in the region.