UAE salaries have increased by 4% in 2015 says a new report by Hay Group. This is below the forecasted 5% for the year and despite volatility in oil prices and global markets. The survey also reveals that senior executive pay increases have ranged between 3% -8% and that’s indicative of the intensity of competition. When it comes to sectors, automotive and retail have awarded higher increases of 6.4% and 6.6% respectively.

UAE affirms importance of de-escalation, diplomatic solutions in region
UAE President declares January 7 as Zayed the Founder Day
UAE leaders offer condolences to Spain after train collision
Sharjah announces temporary closure of beaches
