Expat Dubai News
Latest 10 news items tagged Dubai
13 Feb at 12 PM 2015
A Scottish expat living in Dubai
has bought 35 “Arab-related” UK number plates in the hope that he can sell them on to wealthy Middle Easterners living in high-end areas of London.
Tom Milne, who runs an oil rig equipment supply company in the Emirate, explained that he noticed how much some of the plates were going for and decided there could be a chance to make some cash.
He noted that one plate, ARA8S, went for US$400,000 so came up with the idea of buying in bulk and trying to offload them to wealthy Arabs, who he said were...
26 Jan at 2 PM 2015
Copenhagen and Bern are the easiest places for Europeans to relocate to, according to a new index by ECA International.
The organisation, which advises firms on posting workers on foreign assignments, evaluated more than 450 locations across the world. Among the things it evaluated were: the lifestyle on offer in a city; the availability and cost of housing and utilities; the availability of health services; the climate; political tensions; the quality of air; personal safety; and infrastructure.
ECA noted that that factors such as...
8 Jan at 10 AM 2015
The amount of money expatriate Egyptians send home is equal to three times the revenue earned by the Suez Canal, according to the World Bank’s director of migration and remittances Dilip Ratha.
Egyptians send home around US$20bn annually, with Ratha revealing that the figure had doubled more than once in the past four or five years. He pointed out that the money sent home was now three times greater than revenues earned from the Suez Canal.
However, he noted that a number of countries, including Egypt, were currently thinking...
10 Dec at 12 PM 2014
A Filipina expat in Dubai
has alleged a co-worker and compatriot raped her in their shared accommodation after a night drinking alcohol.
Police CID Director General Major General Khalil Al Mansouri confirmed the claim and said that the police were currently investigating the matter. He revealed that the woman said she was in bed sleeping when her co-worker came up to her, covered her mouth with his hand to stop her from shouting out and raped her.
The 28-year-old victim went to police to report the incident the following day,...
1 Dec at 9 AM 2014
has been voted the best city on Earth to work, beating off completion from the likes of Hong Kong, London, Singapore, Paris and New York.
According to a recent survey carried out by Insead’s French alumni association, Dubai
came first on a list of 15 of the world’s seemingly most desirable places to live. The researchers questioned 835 alumni from the school’s European-based campus who had gained experience working in the 15 cities involved.
Among the things taken into account were the availability of young talent,...
27 Nov at 3 PM 2014
A Pakistani expat in UAE has spoken of his plans to walk 350kms across the seven emirates to mark the country’s national day.
Fifty-one-year-old Mohammad Malek, a Dubai
-based carpenter, said he achieved the feat in 2013 and aimed to do the same again because he wanted to draw attention to the fact that the Middle Eastern country was one of the world’s most peaceful nations.
Malek revealed that it would take him one week to complete the journey, starting on 26 November in Fujairah and finishing on 2 December in the capital, Abu...
30 Oct at 6 PM 2014
QROPS are still a good choice for expats living permanently overseas as they give significant tax advantages in addition to conforming to the new pension rules.
Overseas workers and expats who’ve reached retirement will benefit tax-wise from a QROPS, provided they have left the UK on a permanent basis. According to the Treasury, the new pension rules announced in the March budget speech will apply to QROPS, although the final wording has yet to be drafted.
Whatever the result, QROPS will still be a good deal for those who wish...
14 Oct at 6 PM 2014
A recent survey indicates that expats living and working in the UAE are shunning the emirates’ banks in favour of the security offered by their home country financial institutions.
Almost 50 per cent of those surveyed admitted that their wages and savings were paid into accounts held in home country banks. The reason given by 48 per cent of respondents was a lack of confidence in local UAE banks and the security of knowing their cash was safe under all circumstances.
Although UAE banks hold some £63 billion on deposit,...
2 Sep at 6 PM 2014
Industry experts in Dubai
are pushing for a re-run of the popular rent-to-own real estate scheme which allows expats to put rental charges towards purchasing their chosen home.
Expatriate real estate purchases have declined recently, due to stringent regulations including a mortgage cap introduced by the government as a way to cool down the emirate’s housing bubble. Reintroducing the rent-to-own plan with its similarities to an option contract is expected to return confidence to expat investors due to its try-before-you-buy nature....
21 Aug at 6 PM 2014
Given the number of expats from colder European climes who are living and working in Dubai
, the news that workplace productivity declines in proportion to temperature increases is no surprise.
Although new arrivals from the winter snows in many countries across Europe may think they’ve arrived in a warm heaven, once the summer highs of up to 50°C set in, they’re desperate to get relief on short breaks to cooler locations. The extremely high humidity of the average Dubai
summer makes the heat even more unbearable.