Insights: General
Cultural awareness, expat life and practical guides for anyone building a life or career in the Middle East.
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Six tips for making kids money smart in the UAE
According to a recent report by Cambridge University in the UK, children start to formulate money habits as young as age seven. Therefore, it is clear that the more parents can teach their offspring early on, the better chance they have of becoming financially savvy adults. Here are six useful tips for making kids cash
UAE rents, school fees put pressure on expats
Dubai: Although residential rents may have eased amid a slowdown in the real estate market, the overall cost of living in Dubai is still on the rise and continues to put pressure on UAE expatriates’ ability to manage their household budgets, new data suggest. In a survey conducted in the UAE, a huge proportion of
Currency juggling: UAE residents can take advantage of new spending power
Finding yourself at the sharp end of unfavourable currency movements is expensive and painful, as many UAE-based expatriates have discovered. Currency calculations are familiar fare for many expats, and the post-Brexit volatility of the pound has given these sums added urgency. But the good news for UAE residents is that their dollar-pegged earnings have become
Rental decline spreads to Dubai’s non-freehold areas
Dubai: Once confined to Dubai’s prime freehold communities, rental declines are now starting to show up elsewhere in the city, according to the latest update from the real estate consultancy CBRE. In particular, high-density rental locations such as Al Barsha, Oud Metha and Bur Dubai have witnessed some partial easing in the latest quarter. (But
Emaar unveils homes near Dubai Opera
The international launch of the project underlines the strong demand from discerning investors The international launch of the project underlines the strong demand from discerning investors Emaar Properties has unveiled its newest residences located adjacent to the Dubai Opera in Downtown Dubai, according to a statement on Sunday. The ‘Act One | Act Two’are 52-
August 10, 2016
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Hill International JV bags 30 month Doha Metro contract extensions
Partnership between Hill and ASTAD will to continue providing project management services in connection with the Green Line Partnership between Hill and ASTAD will to continue providing project management services in connection with the Green Line The JV between Hill International and ASTAD Engineering Consultancy and Project Management has received a $43.1mn contract extension from Qatar Railways Company
Dubai to Abu Dhabi in 15 minutes could be journey of the future
Dubai is to hold ‘Build Earth Live’ contest in September, with experts from around the world to showcase ‘Hyperloop’ designs A daily commute between Dubai and Abu Dhabi that takes just minutes could become a reality in the coming decades. Thousands of people take on the daily grind on the infamously busy Sheikh Zayed Road
More Dubai residents ‘earning more than AED10,000 a month’
The proportion of Dubai residents earning more than AED10,000 ($2,722) per month has almost doubled since 2009, according to an analysis by Reidin. The research company analysed salary data from the Dubai Statistics Centre (DSC) and found that only 12 percent of the population were taking home above AED10,000 per month in 2009. By 2015,
First theme park resort to open in Qatar in 2017
Qatar’s first resort attached to a theme park is set to open in early 2017. Salwa Resort and Spa, which is located next to Aqua Park waterpark, was designed to attract more visitors to the country’s first-ever theme park, according to Mohamed Firdaus Raj, General Manager of Aqua Park Qatar. “Ninety percent of the hotel
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