Dubai workers enjoy highest take-home salary in the world

WAM

Dubai takes the first spot on the list of countries where workers get to take home 100 per cent of the total income earned.

That is according to a report by the PwC UK, which placed Dubai above the likes of Hong Kong, Singapore and New York.

Owing to a lack of income tax or social security payments for non-nationals in Dubai, any compensation amount awarded to employees are received in full.

This unique framework has long attracted high-income individuals and multinational corporations to set up shop in Dubai.

More from Business

  • Boeing withdraws pay offer to striking union

    Boeing has withdrawn its pay offer to around 33,000 US factory workers and no further negotiations were planned with their union representatives as a financially damaging strike nears its fourth week.

  • Boeing withdraws pay offer to striking workers

    Boeing said that it had withdrawn its pay offer to around 33,000 US factory workers and no further negotiations were planned with their union representatives, as a financially damaging strike nears its fourth week.

  • UAE Cabinet approves AED 71.5 billion federal budget

    The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai, has approved the Union General Budget Plan for the fiscal year 2025.

  • Emirates cancels Iran and Iraq flights until October 16

    Emirates has cancelled flights to Iran and Iraq until October 16, the airline announced on Tuesday evening. Earlier in the week, flights to Baghdad and Basra in Iraq had resumed before the latest update.

  • ADNOC L&S to distribute $136.5 million dividend

    ADNOC Logistics and Services plc has announced it will distribute a cash dividend of $136.5 million (AED501.3 million) for the first half (H1) of 2024, the equivalent to 6.78 fils per share.