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The Remuneration Committee is entrusted with the role of determining and recommending suitable policies in respect of salary packages for executive directors and the Group’s senior executives. The current salary packages comprise a combination of basic salary and variable performance incentives to attract and retain talent in a competitive environment. There was no change in the remuneration policies and practices during the year.

The remuneration for non-executive directors’ is based on a standard fixed fee, with the Chairman receiving a double amount in recognition of his additional responsibilities.