Bbc middle east business report dubai expats news

Some workers have just dumped their cars at the airport and fled the country, reportedly fearing for their jobs and nursing large debts. But could the boot camp become a victim of its own success? And in their colourful t-shirts, they are a diverse group. It is the financial, retail and tourism centre for the Gulf.

Middle East Business Report

Dubai is expensive, with rent, food and household bills amongst the highest in the world. Figure out your exit options and the extent of your non-compete agreement before you start a job. An increasing number are, like Pajani, victims of the credit crunch.

BBC Sport (International version)

Regional relocation Some workers have moved to other countries in the region, such as Qatar, in order to find work. In many, ways Dubai is a victim of its own success. If you realise that your job is not a fit, moving to another company can be difficult. This shows that private consumption will fall.

If I go back to India at least I am at home with my family. The Emirate is home to some of the most ambitious building projects on the planet. It is a move that will be welcomed by both expats and businesses.

So - if governments can solve the economic problems, can they solve the social ones too? Job descriptions can change unexpectedly after an employee joins a company, often due to the economic climate or changing regulations.

Some companies discriminate against employees based on nationality or even withhold pay with few repercussions, said Zoe Cooper Clark, a communications firm founder who moved from the UK six years ago.

To help change that perception, small groups of amateurs and semi-professionals are working hard with custom built "super bikes" to get motorbike racing off the ground. And is it really that simple? So how important is the business community in coming up with alternative sources of energy?

Dubai: Desert oasis or mirage for expats?

Can the league survive and flourish in such an environment? In the shadow of the iconic Burj Al Arab hotel, they jog and sprint, do press-ups and sit-ups and occasionally an odd star jump or two.

This is a warm-up with a difference. When possible, deal directly with building developers or managing companies who are more closely regulated by the government. But rarely do they go for motorbikes.

Some companies even ask recruiters to find candidates from particular areas of the world in order to ensure that they are a specific nationality.

But there is one thing they do have in common.

Middle East

Fuel prices in the UAE have risen three times in the last six months - and are set to rise even further as subsidies are cut. Still, the chance to work with a multicultural workforce and posh quality of life make the current hassles worthwhile, she added.

Gaining confidence Back on the beach, the expats are turning to each other for support instead. It has embraced globalisation and aggressively diversified its economy into non-oil sectors such as financial services, tourism and real estate. They have all lost their jobs in Dubai in the last few months.

Developers have got serious cash flow problems Colin Foreman, Middle East Economic Digest In the meantime he sleeps on the streets or in the back of trucks. Skills shortages loom So, in a bid to stem that tide of departing expats, the UAE government says it is now considering a change in the law that would allow redundant expats to stay in the country for up to six months while they look for work.

Some have not cancelled visas immediately, giving people more time to find other work. His ultimate aim is to turn this into a career. But that visa is sponsored by your employer.The Middle East's first and leading business magazine.

Region-wide, it has remained the preferred magazine for decision-makers, corporate leaders and high-ranking business and government executives. Supercars may be Dubai’s current transport of choice – but a spice-scented dhow trip will take you worlds away from the modern Emirate’s shiny skyscrapers.

In Dubai, unemployed expats work out on the beach with Bad Times Boot Camp, gaining support and building networks. Dubai's unemployed head for the beach Ben Thompson Reporter, Middle East Business Report, BBC World, Dubai Bad Times Boot Camp gets unemployed people out of bed.

With sweat pouring down her face, Kate Shannon is. BBC World News Front Page > Programme Highlights > Programme A-Z > Middle East Business Report Widespread job losses in Dubai mean that expats are leaving the city in ever greater numbers. Business Leaders in the Middle East have been meeting at the World Economic Forum in Jordan this week to discuss how to restore confidence.

Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox. Get the latest BBC News from the Middle East: breaking news, features, analysis and debate plus audio and video coverage from across the Middle East.

Bbc middle east business report dubai expats news
Rated 3/5 based on 6 review