UAE pay rises ‘in region of 3%’ next year – expert

Average basic salary rises in the UAE are set to be in the region of 3 percent next year, according to global remuneration expert Robert Mosley. He predicted the pay increases despite an uncertain economic climate in the UAE with the imminent launch of ... ( read original story ...)

Gulf’s top IPO issuer in 2017

DUBAI — The economic activity associated with initial public ... The UAE figure does not include $851 million IPO done by Adnoc Distribution in mid-December. The overall IPO activity from the Middle East saw a 225 percent increase in terms of volume ... ( read original story ...)

UAE tops the IPO issuers Gulf list in 2017

The United Arab Emirates (UAE) topped the list of countries in terms of raising capital through initial public offering in 2017. Four companies in the UAE raised a total $1.287 billion in 2017, followed by Saudi Arabia, which raised $663 million, according ... ( read original story ...)

UAE’s Amanat inks deal to up stake in education provider

Amanat Holdings on Thursday announced that it has increased its stake in Taaleem Holdings, one of the UAE’s largest providers of K-12 primary and secondary education, to 21.7 percent. The GCC’s largest investment company solely focused on healthcare ... ( read original story ...)

UAE banking on AI, and the results are showing

Every once in while, an event becomes a defining moment for an emerging technology. On October 19 this year, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, announced the appointment of ... ( read original story ...)