According to a report in Emirates 24/7, the latest figures released by IMA, The Association of Accountants and Financial Professional in Business (Middle East) show that UAE accountants are among the best paid in the region.
IMA data shows that the median annual compensation package of an accountant in the Middle East surged by 74 per cent from 2010 levels to Dh107,343 ($29,225) today.
UAE accountants paid 9 times as much as Egyptian accountants
But within the region, there is a wide range of compensation fluctuation for accountants, with professionals in the UAE earning almost nine times of those in Egypt (median salary).
The median annual pay-package for accountants in Egypt is just $6610 (Dh24,278) while for arguably the same job, UAE accountants demand a median salary package of $57,500 (Dh211,197) per year.
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