Job openings in the banking, financial services and insurance industry grew 42 per cent year-on-year in December, recording the highest growth among industries in 2013.
Results were boosted by the $38.8 million payout from insurers after the bank was the victim of a major cyber fraud case.
Sharia-compliant lenders are growing but non-core assets will become less visible.
The bank reported a net profit of 2.4 billion riyals ($659 million) for the final three months of 2013.
Dr Li Xiaojia urges Hong Kong to boost its capabilities before it loses out to other international finance centres.
All jobs previously occupied by expats will be considered vacant until qualified Saudi citizens can fill them, the ministry said.
Food and non-alcoholic beverages accounted for the largest rise in the emirate’s consumer price index, rising 25.9 per cent last year.
The conventional bonds will be worth QAR13 billion, while the rest of the issuance will be in the form of sukuk.
The firm made a net profit of $117.9 million in the three-month period to December 31.
The emirate was one of the first issuers from the Gulf in 2013 with a dual tranche 10-year sukuk and 30-year conventional note.
The investment bank’s annual net profit increased by Dhs62 million from a net loss of Dhs59 million in 2012.
SABB attributed its profit rise to higher operating income.
Markets in the United Arab Emirates are closed on Sunday for a religious holiday.
The Egyptian bank’s shares rose almost 10 per cent after the announcement of the plan.
The bank’s net profit for the quarter was boosted by a 22 per cent jump in total operating income to 671.1 million riyals.
Moody’s assigned an A3 government bond rating to the Sharjah government on Wednesday, while Standard & Poor’s rated it A.
Saudi Arabia’s third-largest lender by assets saw Q4 profit grow as income rose and expenses declined.
The Muscat governorate recorded the highest average household income of $3,789 per month.
Construction, banking, travel and hospitality are sectors that will witness a rise in hiring activity.
The rating is supported by the government’s limited fiscal risks and low government debt.
The Dubai index is developing a negative 14-week momentum divergence.
Private sector can provide Emiratis more exposure and experience in their careers, says a top government official.
The bank will continue to offer shari’a compliant products, but hopes to widen its appeal to customers.
The bureau hopes to complete agreements with banks to provide credit information and create an electronic database by the end of January.
Newly hired finance professionals are expected to see the largest salary hike at five per cent.
Shares of Emaar climbed 103.7 per cent last year, helped by returning confidence in Dubai’s real estate sector.
The insurer has received regulatory approval for the issuance of 24,260,000 new shares.
Almost 56 per cent of those polled said that the best salary package in the UAE was offered in the oil and gas industry.
Falcon said it was leaving Hong Kong in favour of concentrating on the Middle East, Africa and Eastern Europe.
Spending soared over 50 per cent, partly thanks to increased outlays on public sector wages.