Salaries in the UAE and rest of the GCC will see a marginal increase as oil prices remain low. That’s according to experts at the ongoing HR Summit & Expo in Dubai, who also say that the current status of the global economy affects pay in the region. ARN News has been speaking to Peter Cheese, CEO of CIPD, a human resources development company. He says that while most basic salaries have seen a mere 3% to 4% pay hike over the past year, some professions have not been affected at all.
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Dubai Holding becomes largest shareholder of Emaar Properties
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Abu Dhabi aims for 80% local materials in housing projects
Abu Dhabi plans to increase the use of locally manufactured building materials in housing developments to as much as 80 per cent under a new agreement between two government entities.
UAE Central Bank support package reaches AED 6.2 billion
The Central Bank of the UAE (CBUAE) has announced the key outcomes of its comprehensive support package designed to strengthen the resilience of financial institutions.
Dubai Holding picks 15 scale-ups from 1,400+ applicants for sustainability challenge
Dubai Holding, a diversified global investment company with investments in more than 30 countries, has announced the 15 bold scale-ups selected for its 'Innovate For Tomorrow' impact accelerator programme.
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