Saturday 23 June 2018

Record dip seen in GCC salary increases for 2016

Salary increase forecasts for 2016 in the UAE and Qatar are recorded at 4.9 per cent, a figure below 5 per cent for the first time in five years, a report said, adding hikes in Saudi Arabia are expected to hover around 5 per cent, much lower tha


Bahrain central bank issues new disclosure rules

All licensed financial institutions in Bahrain will be required to publicly disclose their risk profile, risk management, capital adequacy, capital instruments and remuneration practices, under new rules by the Central Bank of Bahrain (CBB).


CS, Barclays shareholders revolt over pay plans

More than a quarter of shareholders at Credit Suisse and Barclays voted down the banks' pay plans yesterday, in a sign of investors catching up with popular outrage over bankers' pay. Such stark rejections are rare, with the average vote a

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