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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UAE strengthens international financial ties at Washington meetings
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Dubai Ports Authority ensures round-the-clock maritime services
The Dubai Ports Authority has affirmed its full readiness to deliver round-the-clock services to vessels across the emirate’s ports and anchorage areas.
UAE, Azerbaijan enter Comprehensive Economic Partnership Agreement
The UAE and Azerbaijan have officially entered into a Comprehensive Economic Partnership Agreement (CEPA) to bolster trade and investment relations between the two nations.
Dubai Properties awards AED 1.1 billion in contracts to advance Villanova community
Dubai Properties, a member of Dubai Holding Real Estate, has awarded contracts worth nearly AED 1.1 billion to Metac General Contracting Co. LLC for the construction of 850 townhouses at Villanova in Dubailand.
Parkin to operate parking spaces near Binghatti developments
Parkin has entered into a multi-year agreement with real estate developer Binghatti Holding, where it will operate approximately 1,200 spaces across selected Binghatti developments.
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