AGP Executive Report
Last update: 10 hours agoMiddle East Shipping & Jobs: With the US-Iran conflict dragging on, shipping disruptions are worsening at key chokepoints: Red Sea traffic is rerouting and Strait of Hormuz activity has fallen to near-empty levels, raising pressure on energy costs and logistics-linked hiring. Saudi Employment Push: Saudi Arabia says Vision 2030 is delivering results, including higher private-sector Saudi employment (to 2.6m), lower unemployment (to 7.2%), and rising women’s workforce participation (35%) plus more women in management. Turkey Labor Wins: Turkish AFP journalists secured a 27% wage increase after a 12-day strike, with bonuses and utility/travel support—an HR signal for media and broader labor negotiations. Tech Layoffs in the Region: monday.com plans to lay off about 630 people (20%), including roughly 350 in Israel, as it restructures around an AI-based work platform. Iraq Hiring & Pay: Iraq is rolling out an “easy-payment” scheme for state employees, while energy deals and development funding are also moving forward. Morocco Tourism Jobs: Morocco plans 60,000 more hotel beds ahead of 2030, aiming to boost tourism capacity and employment. Procurement Talent: South Africa’s procurement salaries are rising fast (avg +10.2%), but employers warn of retention pressure as skilled candidates look to switch roles.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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