Oman hikes state workers' wages by 43% - Reuters
Saudi raises wages, subsidies as inflation soars - Business24/7
This is what it actually needs to bring our salaries back to where they were. The chances of this happening of course range from non existant to zero.
We are in for a very thrifty 2008 and frankly I doubt Emirates will ever catch up ever again. The slide will continue until one leaves for greener pastures.