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Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Boeing to sell some assets to Thoma Bravo

The $10.55 bn sale includes portions of digital aviation solutions business.

TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

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: