Expat Dubai News
Latest 10 news items tagged Dubai
21 Jun at 6 PM 2018
Expats are being warned to read all the small print on their job loss insurance policies.
For expats working in Dubai
, the possibility of having their contracts terminated in advance of the due date can cause a major upheaval, with many taking on insurance policies which cove them in the event of being involuntarily out of a job. However, reading the small print very carefully before signing on is now being recommended as changes in policy terms are being used to deny expats the contracted amount.
One unfortunate expat found...
12 Jun at 6 PM 2018
In response to Saudi Arabia’s opening up its economy, Dubai
has remodelled its strict Ramadan rules in order to benefit its non-Moslem expat community.
In the past, the daytime fast and other rules relevant to the holy month of Ramadan have applied to non-Moslems as well as to followers of the faith, but this year’s period of abstinence passed like any other month for the emirate’s expatriate community. In a response to Saudi Arabia’s efforts to attract wealthy tourists as well as the best and brightest expats, Dubai
16 May at 6 PM 2018
Expat professionals working in Dubai
are being advised there’s never been a better time to invest in a property.
Prices in Dubai
’s secondary housing market are softening and mortgage rates remain on the low side, suggesting that now is the perfect time for expats to give up on renting and buy a home. Properties are now becoming ever more affordable across the UAE, spurred on by the number of expats relocation away from the region. Lower property values mean expats for whom a 25 per cent deposit has previously been a financial...
4 May at 6 PM 2018
Saudi Arabia’s non-oil private sector has had the worst April results for nine years.
Softer output growth, slower job creation and a contraction in new orders were all features of the April results of Saudi Arabia’s non-oil private sector report by Dubai
’s Emirates MBD Bank. The kingdom’s PMI score is now at a record low of 51.4, indicating growth is close to stalling and giving the possibility of a contraction being recorded at the end of May.
Economists are surprised by the figures, as oil prices are now sharply higher...
3 May at 6 PM 2018
Spreading fake new online in Dubai
will now result in a fine of up to Dhs 1 million.
authorities are now cracking down on the dissemination of fake news via social media, urging those who read possibly fake news or receive it via an email not to share it. One reason for the clampdown is the UAE’s long-standing culture of respecting the state, its rulers and its peoples. Notices stating not everything on the internet is the truth are being posted, including the assertion that some news items are simply rumours intended to harm...
19 Apr at 6 PM 2018
’s fame as a luxurious haunt for the ultra-wealthy draws internationally-minded expats willing to try their luck in the casino of Middle Eastern life.
is one of the world’s most enticing no-tax destinations, attracting not just the cream of the expat professional crowd but also mega-wealthy entrepreneurs and global-minded individuals keen to exploit all Dubai
has to offer. For expats, the lure of earning many times more than their salaries in the home country coupled with a tax-free status is far too good to resist,...
19 Apr at 6 PM 2018
The majority of expats working in Dubai
had no idea of the regulations concerning charity work in the emirate until one of their number was arrested for a Facebook post.
Lawyers are now warning companies and resident expats that breaking the strict rules may mean massive fines and a 12 month prison sentence. Last year’s announcement of Decree 9 prohibits collecting donations and advertising fundraising events unless written permission has been given by the Islamic Affairs and Charitable Activities Department. It’s possible that...
13 Apr at 6 PM 2018
The UAE’s new YallaBargain secondhand online portal is sure to become a success due to the turnover of expats arriving and relocating.
The expat population of the UAE is estimated to include some 200 nationalities, resulting in a wide range of pre-owned household goods, with millions of dollars-worth of equipment and furnishings purchased every day. Co-founder of the website Sai Naveen told local media the resale value of goods discarded when expats return to the home countries is around 10 billion dollars, with everything now able...
11 Apr at 6 PM 2018
Following their arrest in 2016, the two traders were finally found guilty and sentenced to 500 years’ imprisonment for their involvement in a $200 million currency trading scam.
Ryan Fernandez and Sydney Lemos, both currency traders, had defrauded clients through their Exential Group firm and were first arrested when an investor claimed promised returns had not been paid out. Following the complaint, the Dubai
government’s Department of Economic Development ordered the business to cease trading. The pair had touted investments...
10 Apr at 6 PM 2018
Expats in the UAE could be forgiven for not quite understanding the historic and religious culture surrounding the Holy Month of Ramadan, but a free two-hour workshop on its do’s and don’t’s should help.
The UAE is reputed to have the largest concentration of expats of any region on the planet, with some 90 per cent of residents across the emirates originating from overseas. The month-long festival of Ramadan is the Islamic calendar’s Holy Month and has rules regarding conduct which may seem strange, especially to Westerners....