Company: Charterhouse Partnership

Do bankers deserve to earn more in the Gulf?

What with tax-free salaries and fierce competition for talent, the GCC is fast becoming a location of choice for Western bankers. But pay is fast being eroded by spiralling inflation. Should banks in the Gulf increase pay accordingly? For bankers based in the GCC, the most obvious answer is yes. Before tax, bankers in the [...]

By eFinancialCareers Gulf, 5 August 2008 • 14 comments

Reassessing regional players

Local GCC banks don’t pay as well as international rivals, but that may be changing. Russell Adam, a consultant at London-based search firm Akamai Financial Markets, tells us, “If you’re on an expat package, it can definitely be beneficial to work for an international bank. However, your career may progress more rapidly at a fast-growing [...]

By Henry Harington, 22 May 2007 • 1 comment