Dubai – Mubasher: The UAE is set to raise its base salaries for its residents in 2019 along with its campaign to remain competitive in the market, according to the World Economic Outlook (WEO) database.
The GCC nation's economy is expected to witness a growth in the coming few months, data showed.
The UAE’s gross domestic product (GDP) is forecast to increase by 3% during the full-year 2019 due to successful economic diversification.
Robert Half's Salary Guide for 2019 found out that 89% of CEOs in the UAE are feeling confident about growth prospects and project to achieve growth over the next 12 months.
“Confidence is increasing for businesses in the Middle East. More than 42% of CEOs are very confident in their growth prospects over the next year, and 40% expect the outlook to remain positive over the next three years,” Gareth El Mettouri, associate director, Robert Half UAE, said.
