Iraq pledges to raise financial support for Kurdistan
Days after thousands of people took to the streets in the Kurdistan region over unpaid civil service salaries which they blamed on Baghdad, the federal government said it would disburse annually to Iraqi Kurdistan two trillion and one hundred billion dinars to be paid in three equal installments of more...
9% corporate tax takes effect in UAE from June 1
The move aims to foster compliance and business activity, with special exemptions for Free Zone transactions and small enterprises.
German public sector workers clinch 5.5 percent pay rise
The deal comes after several weeks of stalemate and repeated strikes among postal, transport and health workers demanding more money to cope with the rising cost of living. Under the agreement, some 2.5 million public sector workers will see their wages increase by 5.5 percent or at least 340 euros...
TRENDS poll reveals women in GCC not paid less salaries than men
While many women still believe they are not adequately compensated, men, in contrast, have a different view, with many saying women are paid the same as men.
Salaries, work environment, job security top UAE job features for 2023
The least important factors reportedly are aesthetics of the company such as the logo and website design and positive media presence.Thousands join Hungary teacher rebellion over ‘humiliating’ pay
With supermarket cashiers paid more than most teachers, thousands have joined the protests since the beginning of September, with human chains formed around schools across the country. Another mass protest is planned for Sunday.Lebanon approves budget, a key condition for IMF bailout
Prodded by the IMF to implement reforms, Lebanon's parliament has approved the 2022 budget setting expenditures at $1.2 billion. The crisis-stricken country and the IMF had reached a conditional agreement on a $3 billion loan in April to help the country tackle its economic crisis.
Tadawul posts 23% fall in profit
The profit fell to $74 million in H1 in a year of record listings.
UAE’s Q1 public spending rises by nearly 20 percent to $23.79 billion
The UAE’s public spending in the first quarter of 2022 totaled AED87.4 billion ($23.79 billion), an increase of 19.6 percent and equivalent to AED14.34 billion, compared to AED73.7 billion in the same period of the previous year, according to data from the Ministry of Finance. The figures also highlighted the...
High packages may help GCC in talent hunt
Global employment, which was severely affected by the pandemic, is beginning to rebound as economies reopen. The UAE, which was particularly hard impacted due to the COVID-19, is now resuming recruitment and attracting the top candidates, he adds.Emirates to increase salaries of employees
Emirates has announced that from October 1 it will undo all changes to employee pay structure that it undertook to save the airline from going under last year when Covid swept through the whole world.
