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Kuwait consumer spending seen strong in 2012The 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 More… |
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Pay more, Saudi private firms toldSaudi Arabia will push private companies to pay Saudi workers as much as their state-employed counterparts with the goal of encouraging more citizens to seek work in the private sector. From Feb More… |
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Private sector pay boost for BahrainisA 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 More… |
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Bahrain workers to get 4.7pc salary riseThe 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 More… |
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Saudi CEOs earn highest in MideastThe 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… |
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CS, Barclays shareholders revolt over pay plansMore 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 More… |
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UAE employees 'gearing up for pay hike'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 More… |
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Nigeria offers best pay for oil expatA typical oil and gas executive in Nigeria earns nearly half a million dollars a year, chalking up the biggest premium for working abroad over salary levels in Britain, research released on Monday showed. A typical senior oil and gas empl More… |
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Kuwait Airways strike cuts more flightsState-run Kuwait Airways cancelled more flights on Sunday as a strike by workers calling for better pay went into a second day, in the latest round of industrial action to hit the state. The carrier was forced to cancel seven flights on Su More… |
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Strike halts Kuwait Airways flightsState carrier Kuwait Airways cancelled nine flights late on Saturday after a walkout by employees calling for higher pay, the company's managing director said. The airline workers join around 3,000 striking customs employees at the cou More… |
