Expat Dubai News
Latest 10 news items tagged Dubai
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...
18 Jul at 6 PM 2016
Newly constructed, affordable properties in Dubai
are persuading expats in tenancies to take the plunge and buy a home.
Ever since Dubai
became a magnet for expat professionals, renting an apartment has been the norm due to the transient nature of relocations. Although rents are comparatively low at present, an increasing number of Western expats are becoming aware that buying an apartment or villa makes more sense in the long run as well as protecting from inevitable rent rises in the future.
The availability of affordable housing...
15 Jul at 6 PM 2016
A recently-released survey of UK insurance companies has revealed that only 16 per cent now offer expat life insurance and only 8 per cent offer critical illness cover.
The annual Expatriate Insurance Survey’s results make it plain that high-street insurers such as Friends Life, Aviva and Legal and General now have no interest in servicing expat life and health insurance needs. According to authors of the survey, Unusual Risks, there are a number of British expats’ groups with UK property, tax interests or outstanding mortgages...
17 Jun at 6 PM 2016
As with most other expat locations worldwide, the UAE expatriate community is no stranger to the devastating effects of unregulated IFAs and their toxic products.
For many years, expat communities have suffered vast financial losses via dodgy purveyors of long-term investment schemes as well as outright fraud and mis-selling. The chief suspects as regards financial products are those offered to expat workers as long-term savings plans. Many UAE expat professionals tell identical stories of loss to those told by retirees and expat...
3 Jun at 6 PM 2016
An unexpected announcement yesterday reversed an earlier warning to expats over the 30 June health insurance deadline.
Previous announcements gave Dubai
expatriates until the end of June to arrange compulsory health insurance for themselves, their dependents and any staff employed. However, an announcement yesterday stated that, although the deadline still applies, penalties for those who do not comply will not be imposed at present.
According to DHA funding director Dr Haidar al Yousuf, a grace period ending on December 31 has...
30 May at 4 PM 2016
A recent survey has revealed that, although most expats believe European cities are relatively safe, the top-scoring locations are the most expensive.
In spite of the recent horrific terrorist attacks in Paris and Brussels, the majority of expats still believe Europe to be the safest continent for working relocations or retirement. The study took in political stability, crime in general, the effectiveness of local police forces and each country’s relationship with its bordering nations, surveying 230 popular expat...
25 May at 6 PM 2016
A heated debate on the Brexit referendum took place in Dubai
’s Capital Club, attended by a good number of expats working in the kingdom.
The discussion demonstrated that being thousands of miles away has no effect on the strength of feelings of those who consider the UK as their true home. Strong opinions were stated by supporters of both sides of the argument, beginning with Gulf News Editor Francis Matthew’s reminder of Britain’s long-standing connection with Europe.
Referring to the descriptions ‘Norman’ and...
16 May at 6 PM 2016
Under a recently launched scheme planned to operate in three stages, all expat workers in Dubai
will have to undergo compulsory education in their rights, duties and Dubai
Four of the Emirate’s government departments are involved in the newly introduced Workforce Training programme, with the first stage involving blue collar workers now ongoing. The second stage, due next year, will involve expats working in the construction sector and. by 2018, all expatriate workers will be forced to attend the training sessions.
9 May at 6 PM 2016
Stabilising property prices and the UAE lifestyle are now major draws, reassuring expats formerly planning to leave.
Results of a recent survey report 36 per cent of expatriate respondents are now planning to stay long-term in the Emirates. The same survey’s 2015 results showed over half of expats working in the UAE were preparing to leave rather than purchase a home due to the soaring cost of living.
The poll, conducted by finance comparison website compareit4me.com, strongly indicated that expatriate workers feel their future...
5 May at 6 PM 2016
car purchase scammer and his VIP Rolls Royce have found yet another victim.
Known as a serial car thief, the fraudster’s convincing modus operandi has caught yet another expat looking to sell his luxury car. An unsuspecting foreign executive who offered his 2013 BMW-6 series sedan on a classified ads website is the latest to fall for the clever crook.
The fraudster called the car owner pretending to be a bona fide buyer, and arranged to view the BMW immediately. He gave his wife’s immediate need for a car whilst he...