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2022 comes with Good news for Employees, 4% Salary hike in UAE.

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2022 comes with Good news for Employees, 4% Salary hike in UAE.

We might see hike in Pharma sector and manufacturing. Yes Good news for Employees in UAE 4% salary hike in 2022 for these two sectors. HR and Finance employees may be has to wait for sometime.

Every year 4% salary hike in UAE happens and this year too in 2022 even in reverse conditions we might see Pharma sectors will get some hike in starting of 2022. Many sectors might have to wait for some time. 

More than 300 UAE firms will give more than 4% hike in coming year. Willis Tower Watson did special survey of it and he found many companies are willing to give rise in 2022.

Sectors like Pharma, Tech and manufacturing got nearly 5% increase in business which is a good sign for people working in such firms. 

Salary hike is positive signals for 2022. Expo 2020 is also an big thing starting soon in few days time. UAE is now coming on track after long set back of 1.5years.

This year, UAE companies tried to drive and retain the top players by giving them a pay rise that was 3 times higher than for the rest of the staff with mediocre performance ratings. 

salary hike of 4% in UAE

salary hike of 4% in UAE

Normal pay are still not possible but employers who are doing in their fields are willing to pay big to employees. By this we will see more positive market in 2022. HR leaders in UAE are confident next years things will improve even more in UAE. 

More hiring for jobs in UAE 2022: 

Around 30 per cent plan to hire more staff in the coming year. 10 per cent require to cut headcount. Over half of the recruiting firms said they are trying to fill roles in sales, while skilled technical trades (45 per cent) and engineering (31 per cent) are also hotspots. The least active recruitment areas are in HR (3 to 4 per cent), finance (4 to 5 per cent), and marketing (20 to 25 per cent).

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Dubai eases restrictions on students returning from Abu Dhabi schools

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On Monday, pupils at Abu Dhabi schools will be able to return to class as Dubai lifts its

The move follows a period of online instruction at Abu Dhabi school since the start of January. As a precautionary measure amid a surge in Covid-19 infections. With the move, all Abu Dhabi schools have reverted students to online learning at the start of January. Due to an outbreak of Covid-19 have now resumed in-person teaching.

“Thanks to the support and cooperation of parents, educators, and students, PE lessons, gatherings, trips, and extracurricular activities can resume on Monday.” Dubai’s Knowledge and Human Development Authority announced on Friday.  “Because of the support and cooperation of parents, educators, and the students themselves, PE lessons, gatherings, and trips will resume on January 31,” the authority said.

ALSO READ: Emirates unveils world’s most expensive and fastest ambulance

Private schools, preschools, and universities can reopen their cafeterias and eating areas starting on January 24.  Earlier this month, authorities announced a phased return of schools it will take place on January 24 and 31.

The headteacher of Brighton College Abu Dhabi. Helen Wilkinson said the move had been in the making for a long time.

Abu Dhabi welcoming back its prep and senior students

It will be staggered and controlled on Monday morning and evening, she said. “We are excited to see as much of the Brighton community again on Monday.”

“Distance learning has developed in leaps and bounds since the beginning of the pandemic. Moreover. But it cannot replace the buzz felt when we are all in the same room together.

However, As the school prepares for the full return of all year groups on Monday. Ms. Wilkinson said they will be making sure all PCR test results are within the 96-hour period and taking temperature readings on arrival.

Michael Wilson Principal of Cranleigh Abu Dhabi said welcoming back its prep and senior students is a major highlight.

Get all the latest UAE Market news only on Arab Market news. Your trust-able news portal brings all the latest news of UAE, Dubai, and world business news. 

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Sheikh Mohammed is highlighting German Pavilion in Expo 2020 Dubai.

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Sheikh Mohammed bin Rashid

Germany played a vital role in EXPO 2020. That’s why Sheikh Mohammed highlighted this by visiting German Pavilion in EXPO 2020 Dubai. 

the Expo 2020 Dubai

the Expo 2020 Dubai

This world fair in Dubai was not accessible. The role of Germany has been influential, and that’s why Sheikh himself highlights that by visiting their pavilion. Sheikh Mohammed Highlighting German Pavilion in EXPO 2020 Dubai shows how much he cares for people who have helped make EXPO 2020 successful. Germans are lucky to get such appreciation from the man himself. 

It’s all giving and take. The people who stand by you in starting should be given credit when you are at the top. Sheikh did the same by visiting German Pavilion at EXPO 2020.

His Highness Sheikh Mohammed bin Rashid Al Maktoum:

Today, the vice-president and Prime Minister of the UAE and Ruler of Dubai stayed at the German pavilion at Expo 2020 Dubai.

During the visit, Sheikh Mohammed highlighted the significance of Germany’s role at Expo 2020 Dubai. Given its vast knowledge and experience in innovation and in feeding solutions that serve society.

Sheikh Mohammed also highlighted the mega event’s chances to share ideas and innovations that build a better future for humanity. HE NOTED THAT the UAE is keen to fund innovative ideas to enhance people’s satisfaction and quality of life.

During the tour, Sheikh Mohammed show various parts of the German pavilion located at the Sustainability District. Under the theme ‘Campus Germany’, the pavilion features sustainability-themed standards of invention and ingenuity.

Sheikh Mohammed saw the pavilion’s individual exhibition spaces to create visitors’ immersive experience. The pavilion has an ‘Energy Lab’, ‘Future City Lab’ and a ‘Biodiversity Lab.’ It showcase different German innovations that encourage sustainability.

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The demand for Gold peaked in the last three years in the UAE.

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Gold rates dubai 2022

Gold is showing incredible strength even in 2022. Once again, the demand for Gold peaked. It is currently at the highest level. Data shows the market of Gold is most elevated in the last three years. Many forces are supporting gold demand this year too. 

Gold prices in the UAE rise

Gold prices in the UAE rise

Rise of Gold at the top in 2022:

This yellow metal continues to outperform. This year it is standing at three years’ highest level demand. The demand for Gold in UAE is at its peak. According to the World Gold Council, the market for Gold reached 1,147 trillion in Q4 2021. Its highest quarterly level since Q2 2019, and an upsurge of almost 50 percent year-on-year.

Annual demand, excluding OTC markets, has healed many of the Covid-19 caused losses from 2020 to reach 4,021 trillion for the entire year in 2021.

The gold bar and coin market rose 31 percent to an eight-year high of 1,180 trillion. Retail investors desired a haven against the background of growing inflation and constant economic pause caused by the coronavirus pandemic.

World Gold Council’s Data 2021-22:

The World Gold Council’s data series registered outflows of 173 trillion in 2021 from gold-backed ETFs. Some investors decreased barriers early in the year amid vaccine rollouts, while growing interest rates made maintaining Gold more expensive.

The 2,200 trillion that gold ETFs have gathered over the preceding five years indicates investors’ continuing priority on including Gold in their portfolio. 

Q4 demand surpassed its highest level since Q2 2013. A quarter where the cost of Gold was 25 percent lower than the average relative price in 2021. This underlining the power and demand of Gold in the most recent quarter.

According to the World Gold Council, growing inflation and the post-pandemic economic tension have sent demand for Gold to a two-year high.

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