Salaries for employees in the UAE will see a modest increase of 1.7% on average in 2016, according to a new report. The Robert Half 2016 Salary Guide examines pay across professional occupations including finance and accounting, financial services, information technology, legal, and human resources and administration. It’s good news for internal auditors who are expected to get an 8.9% salary rise, and learning and development managers who are also set to receive a healthy raise of 7.2%. However, the financial services industry can only anticipate salary hikes of 1.5%, while roles within compliance, and private equity and asset management will see a 3% increase. Employees in the accounting and finance can expect an average salary increase of 2.3%. Internal auditors are predicted to earn between AED 240,000 – AED300,000 per year in 2016.

IEA members could release more oil stocks 'as and if needed,' agency chief says
EU floats Black Sea model to unblock Strait of Hormuz
US, China economic chiefs meet in Paris to clear path to Trump-Xi summit
US says oil from strategic reserve to start reaching market next week
