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graftonstreetgulf
Joined: 15 Nov 2006 Posts: 25 Location: South America
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Posted: Tue Dec 19, 2006 7:59 am Post subject: Pay, Inflation and Mobility in the Gulf |
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"With Gulf currencies pegged to the US dollar, the weakness of the US currency has sharply reduced the attractiveness of Gulf salaries in Euro and Sterling terms..."
Key highlights include: Rents in Dubai and Doha have risen much faster than salaries.
Saving rates in the UAE are now the lowest in the region, with 43% of expatriates reporting no savings.
Saudi Arabia has the lowest cost of living in the region, with housing rents less than half of the UAE.
Spiralling living costs in the UAE fail to deter inflow of expats, with Dubai still the most popular destination in the Gulf.
http://www.gulftalent.com/home/hr-article22.html |
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like2answer
Joined: 21 Sep 2006 Posts: 154
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Posted: Tue Dec 19, 2006 9:39 am Post subject: |
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All true, but you forgot to include the title of the article -
Dubai's appeal continues despite rising costs |
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graftonstreetgulf
Joined: 15 Nov 2006 Posts: 25 Location: South America
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Posted: Tue Dec 19, 2006 3:47 pm Post subject: |
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....and almost half leave skint...... |
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graftonstreetgulf
Joined: 15 Nov 2006 Posts: 25 Location: South America
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Posted: Tue Dec 19, 2006 4:32 pm Post subject: |
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All true, but you forgot to include the title of the article -
and you forgot to bother to download and read the full report.... |
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