The Muscat governorate recorded the highest average household income of $3,789 per month.
Construction, banking, travel and hospitality are sectors that will witness a rise in hiring activity.
The rating is supported by the government’s limited fiscal risks and low government debt.
The Dubai index is developing a negative 14-week momentum divergence.
Private sector can provide Emiratis more exposure and experience in their careers, says a top government official.
The bank will continue to offer shari’a compliant products, but hopes to widen its appeal to customers.
The bureau hopes to complete agreements with banks to provide credit information and create an electronic database by the end of January.
Newly hired finance professionals are expected to see the largest salary hike at five per cent.
Shares of Emaar climbed 103.7 per cent last year, helped by returning confidence in Dubai’s real estate sector.
The insurer has received regulatory approval for the issuance of 24,260,000 new shares.
Almost 56 per cent of those polled said that the best salary package in the UAE was offered in the oil and gas industry.
Falcon said it was leaving Hong Kong in favour of concentrating on the Middle East, Africa and Eastern Europe.
Spending soared over 50 per cent, partly thanks to increased outlays on public sector wages.
The 2013 deal value saw the highest rise in the last six years with all the quarters posting values above $12 billion, the report found.
Firms must abide by the new regulations or face fines of Dhs100,000.
The Kingdom’s monopoly utility said it would offer the sukuk to investors between Jan. 9 and Feb. 27.
EFG said Ellaicy would assume his duties immediately having served at Orascom Telecom as CFO for two years.
The benefits are estimated to cost the government BD6 million annually.
The government plans to borrow half of that amount overseas from commercial banks and “strategic partners”.
Spending this year is projected at $35.1 billion, up five per cent from the original expenditure plan in the 2013 budget.
Regional stock markets are projected to reflect expectations for solid global economic growth this year.
The Reuters survey found that 47 per cent of managers were likely to put more money into Egyptian equities, up from 33 per cent in November.
The company has not yet named a replacement for the CEO, but has announced other management changes.
Alwaleed’s Kingdom Holding bought a $300 million stake in Twitter in December 2011.
The DFM General Index fell as investors sought to take advantage of a four-day rally to pocket gains.
The group has said that its hotels division board has been carefully planned with a mix of expertise to cope with growing business demands.
Qatar, Saudi Arabia, Kuwait and the UAE agreed in 2012 to provide aid worth a total $5 billion to Morocco in the period 2012-2017.
The lender said that the decision was taken to address the huge demand from large foreign institutional investors.
The company received $53 million in dues from the Egyptian government.
Compliance teams face an increasing array of rules due to failings exposed by the financial crisis.