Salaries in the UAE are likely to rise by 4.5 per cent in 2020, with healthcare, pharmaceuticals and high-tech industries expected to benefit the most.
The lowest hike of 3.7 per cent is projected in the energy sector.
That's what the consultancy firm Mercer's latest survey indicates.
The study, which polled which more than 500 UAE companies, also found that nearly half of respondents plan to increase their headcount next year.
DP World launches 36-hour Dubai-Iraq sea link
DP World has launched a 36-hour maritime service linking Dubai’s Mina Rashid with Iraq’s Umm Qasr Port, offering a faster alternative to overland trucking.
Parkin expands into Abu Dhabi under partnership with DAMAC
The paid parking operator Parkin has signed a five-year agreement with DAMAC Properties to manage around 3,600 parking spaces across the developer’s communities in Dubai and Abu Dhabi.
Dubai hosts Sustainable Bio International Forum
The Sustainable Bio International Forum, hosted by Dubai on Friday under the theme “From the UAE…to a Greener World”, discussed the future of sustainable bioenergy and its role in supporting a low-carbon circular economy.
TerraUSD creator Do Kwon sentenced to 15 years over $40 billion crypto collapse
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison for what a judge called an "epic fraud".
BRIDGE Summit drives $200 million deal to boost UAE's media sector
A $200 million investment multi-dimensional partnership deal has been outlined at BRIDGE Summit 2025 that will position the UAE as the world’s new epicentre for compute, advanced media production and next-generation education.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has arrived in Cyprus on an official visit.
Several parts of the UAE have been hit with rainfall of varying intensities on Sunday morning, with the Dubai Police issuing public safety messages via SMS to urge residents to exercise caution.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has awarded Palestinian architect Dr Suad Amiry with the Great Arab Minds title for her work in preserving architectural heritage.
