Q8Ba7th Official Blog

Name: Q8Stock

Site: Q8Stock.blogspot.com

Type: Blog / Finance

Language: Arabic

Launch Date: March, 2007

Brief: Q8Stock is an unofficial specialized Kuwait Stock Market blog that brings you quick small tips everyday about some of the stocks performance for that day, with little advise on what to do.

What would be even greater is a small quick daily podcast that is released right after market closing, so that people will hear it on the way back from work in their car, and get an idea of the market performance. How wonderful would that be? And we all know how much interested are people into the stock market over here.

Popularity: 6% [?]

GulfTalent have issued a 22 pages Gulf salary increase report that is rich of useful information. The report download requires small registration, but don’t worry about spam mail, I don’t receive so many emails from them. This is the only one in months. The report is long and has a section for each country, but some of the interesting graphs are posted below:

As you can see, Gulf salary increase is accelerating overall in the last year.

As I always say, construction is the future of the Gulf. Not any other sector. See the tall, huge and massive buildings and projects in Dubai and you will know. Qatar, Kuwait and others are trying to catch up as well. I was surprised though from the low salary increase in telecom though. In Kuwait that is not so true as I know.

Engineering is being paid highest of salaries, followed by HR and finance. Wonder if being in control of things have anything to do with the high payment of salary. This doesn’t apply to all ofcourse, but I have seen with my own eyes people in HR with nothing much and not even any strong degree to back up and they were getting double my salary as computer engineer.

So Kuwait and Saudi Arabia are at the bottom of salary increases this year (Zedo Al-m3ashat! . But don’t rush in judgment before you read the rest of the report. Other statistics in the same report show average rent increase in Oman and Qatar have reached %29, and the rent forms %35 of the salary in Qatar, so over all, their net profit is going down faster than us. If we are talking about HUGE salaries however, like 10,000 KD. Then I wouldn’t mind their living ofcourse. I still win in the end . As for the expat workforce, it forms %90 of UAE and %89 of Qatar (I don’t know if they count the people who got nationality there ). With that percentage compared to the percentage of expats not saving, you will see that %41 of those expats in UAE are not saving. I.e., approximately %37 of UAE people are not able to save money. Still wanna live in Dubai?

I really suggest you go and get the report. Pretty much useful information to read there.

Popularity: 43% [?]