Expat Dubai News
Latest 10 news items tagged Dubai
26 Aug at 6 PM 2016
Expat workers in Abu Dhabi are taking advantage of falling rentals by upgrading to larger apartments.
The emirate’s shrinking economy due to the massive fall in oil prices is causing layoffs in the expat workplace, thus reducing demand for rented apartments in several popular districts. Expats with ongoing contracts are now taking full advantage of landlords’ willingness to charge less rent and accept deposits in stage payments in order to get tenants.
Middle class expats are upgrading from single bedroomed apartments to two-...
23 Aug at 6 PM 2016
Insurers offering private healthcare policies are sitting pretty as regards revenue, whilst expats living overseas are struggling to find funds for the swingeing annual increases imposed.
As with just about everything else in the 21st century, the cost of private healthcare has more to do with profits than with service. Providing a safety net for unexpected illnesses or accidents is especially important for expats, many of whom are retired and don’t have a relocation package covering the ever-rising costs of private heathcare....
18 Aug at 6 PM 2016
In spite of multiple warnings from the UK Financial Conduct Agency and other concerned financial experts, pension liberation has proved to be a pot of gold for scammers.
Expat advocacy group Pension Life has announced that increasing numbers of FCA-regulated financial advisers are endorsing pension liberation products which are clearly scams. British expats living in Dubai
and Spain are estimated to have lost a total of at least one billion pounds sterling to fraudulent investment schemes.
Yet another FCA warning issued in early...
17 Aug at 6 PM 2016
Republican presidential candidate Donald Trump’s provocative utterances have overturned the traditional tone of American presidential elections in which at least a modicum of respect for the office itself was evident.
From Trump's Mexican border wall through banning all Moslems from the USA and his latest veiled reference to the second amendment as the solution to Hilary Clinton, this is an election like no other in America’s political history. A world away in Dubai
, as well as in every US expat community on the planet, bewildered...
10 Aug at 6 PM 2016
Although the vast majority of international expats in Dubai
are stuck in low-paying jobs, the brightest and best are on a roll and getting richer.
’s high salaries have been the main attraction for the high numbers of professional expat workers flooding to the emirate. Nowadays, in spite of the dramatic fall in oil prices, the number of expats on fat pay packets is accelerating at a good rate as shown by data for the years 2009 to 2015.
Seven years ago, the number of expats receiving salaries of over Dh10,00...
8 Aug at 6 PM 2016
UAE expat school fees, rents and the rising cost of everyday necessities are all putting unwelcome pressure on expat professionals working in the region.
’s rents in general have been enjoying a welcome downturn, the emirate’s soaring cost of living is causing problems with budget balancing for the majority of expats in the region. According to a recent survey by National Bonds, utility bills, international school fees and housing costs are major concerns within the expat community.
Around 48 per cent of...
3 Aug at 6 PM 2016
According to statistic issues by the Ministry of Development Planning, the emirate’s population declined faster in July than in June, mostly due to expats relocating.
The ministry’s figures show that a decline of a further six per cent was noted for July, bringing population levels down to just over 2.3 million people, Since February this year, population levels have fallen dramatically from a total of 2.54 million. A proportion of the decrease is being put down to locals leaving the country for holidays in European capitals, as...
26 Jul at 6 PM 2016
A new survey has identified the best places for expats dependent on their reasons for emigrating.
Expats leave their home countries for a variety of reasons, including the need to take their careers further, the wish to unleash their entrepreneurial spirit or a wish to find the most suitable place to retire. The one thing they all have in common is that they feel stuck and unfulfilled in their present situations, but finding the best place settle can be a challenge, even in these technological days.
The survey analysed no fewer...
25 Jul at 6 PM 2016
With the expats’ promised land now failing to deliver, many long-term expat residents in Dubai
are mulling over a return to their home countries.
Although economic forecasts suggest the desert-based mega-city is better placed to weather the storm than its neighbouring emirates, the combination of the oil price crisis and the downturn in construction is hitting hard on expats as well as local businesses.
Major foreign-owned companies linked to the oil industry are cutting jobs as clients scale back on projects, with removal firms...
20 Jul at 6 PM 2016
According to a Reuters report, businesses catering for middle class Qataris and expat professionals are failing due to lack of demand caused by lay-offs of thousands of well-paid workers from overseas.
Large-scale layoffs of expat workers at white collar levels have taken place for some two years now, spurred by the fall in oil prices. Last year, Qatar Petroleum sent redundancy notices to an estimated 3,000 professional expat employees, with its subsidiary RasGas also shedding hundreds. Danish Oil giant Mersk rid itself of hundreds...