Jobs in Dubai
A couple of years ago Dubai was one of the world’s employment hotspots – people seeking highly rewarding jobs were drawn to the city by the lavish lifestyle and huge salaries on offer. One of the main reasons most of Dubai’s residents are foreign nationals is because of the plentiful availability of highly lucrative jobs. [...]
Business and economy in Dubai
Business in Dubai Although built on the back of oil revenues, 94% of Dubai’s revenue is now earned from other sources. Trade, import-export and financial services now form the cornerstone of Dubai’s economy, with IT also becoming an increasingly important contributor. The economy of Dubai Dubai had been enjoying a decade long period of boom [...]
Buying property in Dubai
In some ways it could be said that at the moment Dubai is one giant building site, wherever you look ambitious mega-projects are in progress. However, because of the popularity of Dubai, and because it is one of the few places in the UAE where foreigners can actually buy land, property is still relatively expensive. [...]
The rise, fall and salvation of Dubai
The First Post has a great background piece on the rise and, much exaggerated, fall of Dubai. It features a potted history of how Dubai became so wealthy and why the emirate chose to take the direction it did – because its oil resources were predicted to be exhausted by the 2020s for those who [...]
Dubai Formula One theme park delayed due to lack of funding
News emerged today that the Formula One theme park set to open at the end of the year within Dubai Motor City has been postponed due to a lack of funding. The CEO of developers Union Properties said the unwillingness of banks to lend in the current economic climate had caused work on the $460 [...]