UAE pulls out of GCC Monetary Union. Bleak future for Khaliji Predicted
In an egoistic move, UAE has pulled out of the proposed GCC monetary union and said it will keep its currency pegged to the dollar, … Read more
Business in Dubai
Business Opportunities, Infrastructure Support, Marketing, Branding and everything else (sort of) one should know about doing business in Dubai.
109 articles
Mashreq Bank Online Contact Form Is Not Working
Earlier, I wrote about incompetent customer service by Mashreq Bank. Today, I was informed that their online contact is not working. Considering they have not … Read more
Six Month Labor Ban Maybe Scrapped
Now, this is going to be something to soothe recession related tension expats are facing these days. As Arabian Business reports, the six-month labor ban … Read more
Incompetent Customer Service By Mashreq Bank
Every day in Dubai makes you wonder how business booms here and why investors and businessmen across the globe come here, considering the pathetic customer … Read more
Emirati Job Seekers Welcome Ban To Sack Locals
Emirati job seekers, apparently low in skills and confidence to compete against the expatriate professionals, have welcome the recent law by Ministry of Labour that … Read more
Private Employers Cannot Sack Emiratis, Law Passed
The Ministry of Laboure has passed a regulation, virtually banning the termination of UAE nationals from private sector. The sacking of Emiratis will be unlawful … Read more
Law to ban private sector companies from sacking Emiratis
It has now been confirmed that what was quoted by Dubai Police Chief was not a mis-interpretation, as suggested by some media articles, but something … Read more
Cheating Expats in Dubai taking Rent-a-Car companies for Ride
As if expats dumping their cars and fleeing credit liabilities in Dubai was not enough, a recent report by Khaleej Times highlights how some cheating … Read more
British Consultancy Firm Mace Group Moving Staff From Dubai To Saudi Arabia
Another news that speaks of incoming recession in Dubai. According to the report, a British consultancy and construction firm has relocated a number of staff … Read more
Khaliji: Common Gulf Currency to launch in 2010
Khaliji: Common Gulf Currency to be launched in 2010. The Gulf common currency is just 12 months away. Economists at the Dubai International Financial Centre … Read more
Property and Real Estate Companies Cutting Jobs in Dubai
Dubai has felt the heat of global recession and at least property and real estate sectors are already in downsizing mode. Nakheel, Dubai’s real estate … Read more
Tamweel and Amlak to merge into a Realty Bank
Amlak Finance PJSC and Tamweel PJSC, the two leading UAE real estate finance providers, will be merged into a new entity under the umbrella of … Read more