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.
H.H. Sheikh Hamdan reviews Agentic AI transformation in private sector
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and the UAE's Deputy Prime Minister and Defence Minister, has approved a series of initiatives aimed at accelerating artificial intelligence adoption and strengthening Dubai’s digital economy.
Emaar set to unveil AED 200 billion Dubai mega-development
Emaar Properties has announced plans to unveil a major new master development in Dubai, described as its most ambitious project yet.
Emirates to maintain capacity despite challenges, says Tim Clark
Emirates will roll out incentives aimed at winning back customers worried about the protracted Iran war, focusing on safety and reliable travel connections rather than lower fares, the airline's President Tim Clark told Reuters on Tuesday.
UAE nationals to get AED25,000 in VAT savings on new homes
The expense eligibility on VAT refunds on the costs of constructing new homes for UAE nationals has been expanded under a new initiative by the Federal Tax Authority (FTA), with AED 25,000 set for each claim.
DFM recognised by Switzerland's financial authority as foreign trading venue
Shares from Swiss-incorporated companies can now be traded on Dubai Financial Market (DFM) after it has been recognised by Switzerland's Financial Market Supervisory Authority (FINMA) as a foreign trading venue.
