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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

UAE Arab world’s best paymaster

UAE was one of the top five highest salary paying countries in the world.
  • The lowest average monthly salary is paid in Sri Lanka (US$143.62) and the highest in Switzerland (US$6142.1)
  • Salaries are also lowest in some of the Arab countries such as Egypt and Algeria

The average monthly net salary is the salary after tax (salaries and financing). The lowest average monthly salary exists in Sri Lanka (US$143.62) and the highest in Switzerland (US$6142.1). In the Arab world, the UAE paid the highest salaries and fifth highest globally, according to CEO World. TRENDS takes a look at salaries in some of the Arab countries: