Civil servants in Bahrain could get a 20 per cent pay rise after MPs unanimously approved a new bill yesterday (December 3).
The proposed legislation was passed despite objections from Finance Minister Shaikh Ahmed bin Mohammed Al
The drive towards extracting oil and gas reserves from unconventional sources such as shale is putting more pressure on the global energy sector to hire experienced people with the right skills, said a report.
The Global Oil and G
Around 80 percent of workers at Kuwait's main, state-run oil services company are on strike calling for better pay, a union official said on Tuesday, the latest sign of wage pressures in the Gulf Arab country.
The walkout by t
The consumer spending in Kuwait is set for another strong year in 2012 backed by solid salary increases and an improving employment scenario, according to a report by the National Bank of Kuwait (NBK).
The consumer spending growth
A total of 5,779 Bahraini university and high school graduates working in the private sector have so far benefited from a wage-improvement project, said a top official.
Private firms have approved a minimum BD400 ($1,061) salary for 1,7
The workers in Bahrain are set for a major pay boost next year on the back of improved remuneration in 2012, according to global human resources consultancy Hay Group.
The salaries are set to jump 4.7 per cent following a 3.7 per cent i
The survey ranked the CEOs as follows - Saudi Arabia, Qatar, UAE, Kuwait, Oman and Bahrain. It is based on chief executives who are responsible for sales of more than $50 million, a statement from Gulf Business, which conducted t
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
Majority of the employees in the UAE believe they will be getting a salary increase in the next 12 months amid a major rise in the cost of living, according to a new survey.
About 44 per cent of employees are unhappy with their last