Dubai-based Bayut and Dubizzle, which is owned by Emerging Markets Property Group (EMPG) are drafting to recruit 200 more employees which in return will help them expand in the country.
The total number of employees in these two firms will uplift by 50 percent following its latest onboarding drive. Bayut and Dubizzle at present employ about 400 people in the UAE.
“This strategic expansion in the UAE comes as part of the wider goals of Bayut & Dubizzle parent company, EMPG, to attract the best professionals from the region,” the two companies, said in a statement on Tuesday, without providing a timeline when they are planning to hire more people.
In recent past year, EMPG and Amsterdam-based OLX Group announced the merging of their businesses in Mena and in South Asia to form a firm with assets costing Dh3.6 billion ($1bn).
Other than the UAE, EMPG manages classified portals in Pakistan, Bangladesh, Morocco, Tunisia, and Thailand. It is also ongoing in Egypt and Lebanon.
The company is “keen to attract and retain talented professionals who can help us to create competitive advantages and …. contribute towards shaping the future of the technology sector in the Mena region,” Haider Ali Khan, chief executive of Bayut & Dubizzle, and head of EMPG Mena said.
Dubai-based EMPG is also targeting to build 200 additional opportunities in other markets like Pakistan, Lebanon, and Egypt, according to the company.
“Our focus remains to provide a … platform for growth with a work culture that is inclusive, supportive and gives … opportunity for development,” the director of HR for Bayut & Dubizzle, Suzanne Gandy, said.
EMPG has been expanding steadily across the region over the past few years. Last year, it acquired Lamudi Global’s operations in the Philippines, Indonesia, and Mexico for an undisclosed sum.
EMPG has been stretching its wings steadily all over the region over the past few years. Last year, it acquired Lamudi Global’s operations in the Philippines, Indonesia, and Mexico for a certain not known sum.
Start-ups in the Middle East and North Africa grabbed the funding of more than $1bn in 2020, this is as per the data platform called Magnitt.
A Series E fundraising by EMPG last April was the region’s biggest funding round. It increased to $150m.