Nearly 80% of MENA employers plan to hire interns in 2023: Bayt survey 

Nearly all businesses across the region are expected to fill staffing requirements through internship programs this year, job portal Bayt disclosed in a survey conducted with over 2,400 participants.  (Shutterstock)
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Updated 14 February 2023
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Nearly 80% of MENA employers plan to hire interns in 2023: Bayt survey 

RIYADH: Around 78 percent of companies in the Middle East and North Africa region plan on hiring interns in 2023 as they look to save on costs and identify new talent, according to a recent survey. 

Nearly all businesses across the region are expected to fill staffing requirements through internship programs this year, job portal Bayt disclosed in a survey conducted with over 2,400 participants.   

The survey attributed this surge in interest as a way to reduce labor-related expenses, fill temporary positions and recognize potential for upcoming openings.  

Approximately 70 percent of companies surveyed said that internships allow employers to identify talent for future positions.   

The intern hiring spree is set to take place across various sectors, including digital marketing, accounting, banking and finance, customer service, human resource and recruiting, and graphic design.   

Internships are largely viewed as a chance for job seekers to obtain work experience and broaden their skillsets, indicated the survey.   

“Through internships, students gain hands-on experience of the professional world by performing tasks and duties usually conducted by employees in the chosen field,” said Bayt’s HR Director Ola Haddad.  

Around 92 percent of participants agreed that internships increased fresh graduates’ employment prospects after graduation.   

While close to 65 percent of the polled companies claimed that they always offer full-time jobs at the end of the internship program, around 19 percent only sometimes offer a position.   

“Our latest survey shows that employers can also benefit from interns in a number of ways, from accessing the new talent and skills to increasing productivity,” added Haddad.

In addition, he said the data reveals that internships can serve as a bridge between educational institutions and employers.  

According to the survey, customer service firms make up 24 percent of the total businesses that will hire their interns, followed by digital marketing firms at 22 percent.   

As for HR and recruiting, information technology, and accounting, banking and finance, they account for 21 percent, 17 percent and 10 percent respectively.  

When it comes to the most demanded skills in the market, communication and teamwork top the list — 61 percent of employers prioritize them when hiring.   

Creativity, research and analytical skills and time management followed, standing at 16 percent, 13 percent and 10 percent, respectively. 

The online survey polled respondents from all Gulf Cooperation Council countries, as well as others in the region, from Jan. 6 to Feb. 3.


Closing Bell: Saudi benchmark index edged up to close at 10,549

Updated 01 January 2026
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Closing Bell: Saudi benchmark index edged up to close at 10,549

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Thursday, gaining 58.39 points, or 0.56 percent, to close at 10,549.08.

Total trading turnover reached SR1.59 billion ($425 million), with 218 stocks advancing and 37 declining.

The parallel market, Nomu, added 222.72 points, or 0.96 percent, to finish at 23,519.01, as 43 stocks rose and 21 retreated. Meanwhile, the MSCI Tadawul Index increased by 6.11 points, or 0.44 percent, to close at 1,393.42.

Leading the day’s gains was Alkhaleej Training and Education Co., whose shares jumped 7.63 percent to SR20.45. Other strong performers included Consolidated Grunenfelder Saady Holding Co., up 6.60 percent to SR9.69, and Abdullah Saad Mohammed Abo Moati for Bookstores Co., which rose 6.48 percent to SR48.98.

On the downside, Naseej International Trading Co. recorded the largest decline, falling 2.44 percent to SR34.44, while National Gas and Industrialization Co. dropped 1.79 percent to SR93.10 and Nama Chemicals Co. slipped 1.32 percent to SR23.99.

Saudi Aramco Base Oil Co., or Luberef announced the signing of a memorandum of understanding with Saudi Aramco for a GIII+ production facility in Jazan.

The 18-month agreement, which may be renewed, is a key step in the Group III+ Project aimed at enhancing production capacity. The MoU is non-binding, and any future approvals, formal agreements, or financial impacts will be disclosed in line with regulatory guidelines. Luberef ended the session at SR96.10, down 0.26 percent.

Meanwhile, the Power and Water Utility Co. for Jubail and Yanbu, or Marafiq, reported receiving official notice of higher energy product prices used in production. The company estimated the financial impact for 2026 at 5.6 percent of total cost of sales, based on its most recent audited 2024 statements.

The effect is expected to appear in the first quarter of the 2026 fiscal year. Marafiq said it is working to mitigate the impact through improved production efficiency, enhanced plant reliability, optimized asset utilization, and cost reductions. The stock closed at SR36.80, up 1.03 percent.