Expat Uae News
Latest 10 news items tagged Uae
15 Feb at 6 PM 2019
As expatriate professionals’ stability and security in the Arab States become more fragile, those with spare funds are rushing to get second passports.
A major reason for choosing one expat relocation destination over others is the stability of the country and the security of the job itself as well as the required work visa. Even the most optimistic foreign workers in the UAE
would now have to admit the current concentration on dramatically reducing the numbers of expats employed doesn’t represent security and stability. As a...
14 Feb at 6 PM 2019
Is Dubai’s property price collapse signalling an end to its boom years?
Over the past four years, Dubai’s property prices have slumped by a massive 25 per cent, with the fall blamed on the oversupply of high-end luxury real estate combined with the fall in oil prices. A recently released report confirms the nose-dive, with formerly fought-over prime properties on the spectacular man-made Palm Jumeirah Island dropping by a further 9.5 per cent last year. Prices in Dubai Marina with its yachts, sandy beaches and soaring Jumeirah...
25 Jan at 6 PM 2019
government has announced the start date of its new long-term residence visas as February 3.
long-term residence visas due to be issued from February
The new visas are intended for entrepreneurs, investors, outstanding students and expats with specialised talents and will allow holders to study, live and work in the emirates
without having to provide a sponsor. Those lucky enough to get one will also be allowed to have 100 percent ownership of their businesses as long as they are located on the UAE’s mainland. The visas...
24 Jan at 6 PM 2019
Although the British Foreign Office gave no reason for its terror attack warning, vigilance seems to be the message.
Both tourists and expatriates in Spain are being urged to be aware of the terrorism threat and to follow any instructions given by local authorities across the country. No reason was given as to why the warning was issued, but a recent newspaper article claiming an ISIS member now in police custody was planning to attack the popular Manilva fair may have spiked the announcement.
Costa del Sol police arrested the...
21 Jan at 6 PM 2019
The Kuwaiti government is aiming to close off its public sector to expat workers by the year 2028.
In a report late last week, Kuwait’s ratings agency confirmed the government’s intent to rid the public sector of all expatriate workers by 2028, in addition to aiming for between 30 and 50 per cent Kuwaitization of the private sector. At the present time, expats working in the banking sector total 66 per cent, with the remaining sectors of manufacturing, industry and agriculture each accounting for just three per cent of the total...
16 Jan at 6 PM 2019
In celebration of the UAE’s ‘Year of Tolerance’, upscale private schools and their public education counterparts are to pair up, with a pilot scheme already on the go.
GEMS, the emirates’ largest private school provider, is gearing up for the innovative programme by already pairing two of its 50 elite schools with their emirati twin public schools. According to Deema al Alami, the education provider’s vice-president, Dubai’s Wellington International School and Fujairah’s Winchester School are already participating in a...
10 Jan at 6 PM 2019
A recent survey revealed more than half of expat respondents use financial advisors, but over two-thirds don’t trust them.
The survey, carried out by the CFA Institute, was based on the trustworthiness of expat financial advisers working in the UAE’s retail sector, and brought no surprises to a retail audience now used to reports of yet another financial scandal. Some 3,000 expatriates living and working in the emirates
took part in the study, with over half using IFAs in spite of their diminishing reputation as ‘honest...
9 Jan at 6 PM 2019
Expat professionals and their companies are now leaving their lucrative Gulf State jobs due to political problems.
Leading international companies, their expat employees and formerly enthusiastic investors are now either shunning or leaving the Gulf States due to the political shenanigans culminating in the murder of Jamal Kashoggi. As a result, one of the planet’s most promising regions is now a no-go as regards expatriate talent. Saudi Arabia and the UAE
, the two major engines of development in the region, are both tightening...
2 Jan at 6 PM 2019
Christmas and the New Year are times for partying and getting together with friends and family but, for expats who’re on the other side of the world and can’t get home, the season can bring on loneliness and depression.
At its worst, a lonely Christmas in a strange land can bring on panic attacks and serious depression, especially if there’s no supportive expat community ready to ease feelings of isolation. Watching everyone else having fun and hiding your feelings in order to keep your co-workers happy makes for a very...
31 Dec at 6 PM 2018
Expats in the UAE
are being warned not to fall for fake investment scams on social media.
Warnings about fake investment schemes promising quick returns at high rates are being given out by Kuwait’s Capital Markets Authority and its Ministry of Commerce. The enticing offers are found on social media and are phrased in such a way as to attract both Kuwaitis and expatriates working in the UAE
. ‘Learn how to earn extra monthly income at as much as Dh1,500 to 1,700 a week’ is one phrase calculated to entrap those unfamiliar with the...