Wednesday, November 21, 2007

UAE to raise wages of state employees by 70 percent

The United Arab Emirates federal government will give state civil and military employees a 70 percent salary hike from January 1, 2008, state-run Emirates News Agency (WAM) reported recently. This follows a cabinet meeting. Spending for next calendar year was set at 9.34 billion dirhams ($2.54 billion), WAM said. This is expected to give a big boost to UAE economy.
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

DISCLAIMER

The author is not a registered financial adviser, and you should not construe anything written here to be investment advise or recommendation. All information is for expressing views/ opinions & discussion only. No representation is being made that any investment made on the basis of data or information on this blog will result in profits. This blog is not associated with any organization or company in any manner. The author may or may not be investing in the products mentioned. Contents, gathered from various sources without any liability on the part of the author, may or may not represent author's view.