Expat Uae News
Latest 10 news items tagged Uae
13 Sep at 6 PM 2019
Kuwait’s recent ‘worst destination for expats’ ranking in a major expat survey seems to have struck a chord in an online UAE
After Kuwait’s relegation to 64th out of 64 nations surveyed for the second year running, the ranking achieved viral status as local and international media comments made sure the world’s expat community was aware of the emirate’s downsides. According to the survey results, expats would be better off in Russia, Nigeria, India, Turkey and even the UK than in Kuwait. Even more galling...
28 Aug at 6 PM 2019
If you’re working in the UAE
and hoping to retire there, planning your financial future is important.
Expats in the emirates
are facing a retirement crisis, according to investment professionals. The UAE
makes no provision for expat pension schemes or social security, in spite of the fact that a good number of expat professionals would prefer to spend their retirement in a place they now call home. As with the vast majority of developed countries, life in the Gulf States isn’t cheap, with costs of living similar to those in...
16 Aug at 6 PM 2019
Expatriates in Kuwait are in the firing line again as MP hits out at the size of expat communities.
This week it was Kuwati lawmaker Ahmad al-Fadhi’s turn to slam the emirate’s expat community, claiming it was far too large and therefore poses a security threat to the country. As a sideline, he also mentioned the vast majority had either no or very low qualifications. Indians, Syrians, Bangladeshis and Egyptians, he said, now make up over half of the emirate’s 3.4 million expat residents.
Quoting what he described as the...
13 Aug at 6 PM 2019
As the UAE
jobs market shrinks due to nationalisation, expats wanting to stay in the region are considering online gaming as a full-time job.
Esports are the latest fad as well as a potential money-maker due to the esports tournaments paying out as much as millions of dirhams in prize money to successful players. The industry is now flourishing in the Gulf States, attracting a growing number of events as a result. One organisor, YaLaEsports, has garnered a massive amount of funding from investors and now has 50 players taking part in...
12 Aug at 6 PM 2019
In the home country, consumers who run up arrears in credit card or loan repayments don’t face jail or huge fines, although they may face bankruptcy.
For expats and residents in the UAE
, the laws are very different, as consumer protection laws don’t apply to those who’re less than careful with their finances. Banks are able and willing to apply to the local court to imprison a debtor until the amount owing has been paid. For locals owing unpaid debts, their relatives are expected to get the amount together and clear the debt,...
31 Jul at 6 PM 2019
Due to the unprecedented fall in the sterling exchange rate, a good number of UAE
-based Brit expats are sending money back to the UK.
British expats living and working in the UAE
are now moving savings and spare cash back to the UK, thus taking advantage of the worst exchange rate in a decade or more. As sterling sinks ever lower on the threat of a broken economy due to a no-deal exit from the EU, increasing numbers of British expatriates are cashing in on the once-in-a-lifetime opportunity. For British professionals who arrived in...
29 Jul at 6 PM 2019
According to a recent Saudi Gazette announcement, the vast majority of jobs in the hospitality sector will be closed to expatriates by the end of this year..
The new rule will apply to hotels with three-star or higher ratings, villas listed as four-star or higher, hotel suites and resorts, and includes almost every position with the exception of drivers, bellboys, parking attendants and doormen. The move will Saudizise the entire upper, middle and lower employment tiers of the sector and will come into force on 28th December this...
26 Jul at 6 PM 2019
The death of a partner whilst on reassignment overseas isn’t something any expatriate wants to think about but, in certain circumstances, it can cause major financial disruption as well as grief.
Rules about inheriting money should a partner die are different across the world and can be confusing, especially for those grieving the unexpected loss of a husband or wife. For expatriates living and working in Dubai, it can be especially galling, as joint accounts are frozen after the death is reported, making it very difficult to access...
24 Jul at 6 PM 2019
Expats living and working in Kuwait whose contracts are ending are now taking up to six months to land another position.
It’s bad news for expats who’ve invested their working lives in Kuwait and don’t want to relocate, as it’s now taking six months or more to find another job. Declining oil revenues and increasing running costs are forcing companies to either shed the numbers of expat employees or close down entirely and, even if a second job is found, the pay and conditions don’t often match up to those of the first job....
22 Jul at 6 PM 2019
Abu Dhabi is now rated as the world’s safest city for expats.
In a recent survey undertaken by Numbeo, Abu Dhabi has been rated the safest city in the world for expats and their families. For the iconic UAE
city, the rating is the third consecutive time it’s topped the 330 other world cities surveyed, beating out even Dubai and its sixth-place rating. Safety and security as well as a lack of discrimination is one of expatriates’ major requirements, especially if they’ve relocated along with their families.
As well as being...