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FINANCIAL NEWS
Abu Dhabi, Qatar lure Dubai professionals with more money
25 Mar 2012
(MENAFN) A human resources expert found that Abu Dhabi and Qatar based companies are enhancing salary offers by up to 30 percent more than in Dubai to attract professionals, Bloomberg reported.
James Sayer, Robert Half International Inc’s Dubai-based director of Central Europe and the Middle East, said Dubai was still the preferred business destination for people wanting to work in the Gulf region.
Abu Dhabi and Qatar companies are forced to increase salary offers by 20 percent to 30 percent more as the cost of living in those areas is higher than in Dubai, which benefited from the sharp drop in property prices.
Dubai fell sharply in The World Cost of Living Survey 2012 published by the Economist Intelligence Unit last month. It ranked Dubai in 94th position, a drop of 16 places from last year.
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