Top Dubai Executives Earned Over AED3m Each In Salaries And Bonuses In 2019

Top executives at some of the biggest listed companies on the Dubai Financial Market were paid over AED3m each in salaries and bonuses during 2019.

According to latest data and filings:

Dubai Investments CEO earned AED4.65m in 2019 and AED5.25m in bonuses during 2019.

Du’s CEO was paid AED4.75m plus an additional AED4.76m in bonuses during the year.

Property giant Damac paid its General Manager and CFO AED3.6m, while Union Properties paid AED2.72m in salaries to its CEO.

The DFM filings also show that Shuaa Capital paid its Group CEO AED2.88m in salaries and AED3.259m in bonuses during 2019.

Tabreed’s Group CEO earned AED1.102m, plus and additional AED2.18m in bonuses.

RECENT NEWS

UAE Secures Over $30bn In Crypto Investments In Just One Year: Report

With a proactive regulatory framework, the UAE presents investors with a balance between innovation and security Read more

DIFC Partners With Lloyds To Boost Future Talent In Insurance Sector

The agreement, which envisages a longstanding partnership, will help support development of a talent pipeline into the ... Read more

Paymob Secures UAE Central Bank License For Retail Payment Services

The regulatory nod also enables the company to provide merchants with its full suite of omni-channel solutions Read more

Open Banking Fuels GCC Fintech Boom As UAE, Saudi Lead Regional Growth Surge

The open banking payments volume in the GCC is projected to quadruple to over $930 billion by 2028 from $230 billion in... Read more

Saudi Arabia Leads Region With 178 Venture Capital Deals Last Year

Saudi venture capital funding is supporting business startups in the Kingdom Read more

UAE Gold Reserves Reach $6.7bn

CBUAE gold reserves surged by 34.8 per cent in the first 10 months of 2024 Read more