Gulf Business

Industry News

UAE Salary Survey Finds 78% of Professionals Open to Changing Jobs

The Michael Page UAE Salary Guide 2027 indicates that 78 percent of UAE professionals are open to changing roles, while 51 percent would consider leaving if forced to spend more time working from the office. Only 23 percent view generative artificial intelligence as a threat to their job security. The findings highlight mounting recruitment and retention challenges for employers as employee salary expectations outpace corporate review budgets.

Policy & Legal Updates

UAE Sets E-Invoicing Deadlines and Penalties for Companies Exceeding AED 50M Revenue

UAE businesses with annual revenues of AED 50 million or more must appoint an accredited e-invoicing provider by October 30, 2026, ahead of mandatory implementation on January 1, 2027. Companies failing to appoint a provider by the deadline face a monthly administrative penalty of AED 5,000. Businesses below the AED 50 million threshold have until March 31, 2027, to appoint a provider, with full deployment required by July 1, 2027.

Industry News

Transcorp Founder Rodrigue Nacouzi Outlines UAE Logistics Automation and Investment Strategy

In an interview with Gulf Business, Transcorp founder Rodrigue Nacouzi discussed the economics of quick commerce, warehouse automation, and his investment strategy through Enablers Ventures. Nacouzi noted that Enablers Ventures completed six UAE partnerships over the past eight months targeting logistics software, quick commerce, and automation. He emphasized that sustainable quick commerce requires visibility into unit-level profitability, selective dark-store automation, and AI-assisted site evaluation.

Industry News

Saudi Arabia Postpones 10th Future Investment Initiative Summit to 2027

Saudi Arabia's Future Investment Initiative Institute has postponed the 10th edition of its flagship investment summit, originally scheduled for October 26–29, 2026, in Riyadh, until 2027. FII Institute CEO Princess Dr. Maha Bint Mishari Al Saud said the decision aims to ensure the milestone event delivers its full scale and international impact. The institute confirmed that existing registrations and partnerships remain valid, with revised dates to be announced soon.