Emaar Properties’ board chairman, Mohamed Alabbar, was the highest paid among 30 other top executives at different companies listed on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) in 2015, data compiled by Argaam showed.
Alabbar earned AED 116 million in salary and bonuses during 2015, including accumulated unpaid compensation of AED 104.1 million for the period between 2009 and 2014.
Etisalat Group CEO Ahmad Abdulkarim Julfar came second with an annual salary and bonus of AED 17.81 million. Julfar stepped down from his position last March.
Abdallah Massaad, chief executive of RAK Ceramics, came in third with AED 7.69 million over the same period.
Serkan Okandan, Etisalat’s chief financial officer, took fourth place with an annual salary and bonus package of AED 6.05 million.
Michael Raynes, who serves as the chief executive of Waha Capital, ranked sixth.
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