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Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

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: