Friday, March 29, 2024

Ultra-wealthy individuals in Dubai to rise 60% by 2026

The number of ultra-high net worth individuals (UHNWIs) in Dubai will grow 60 percent by 2026, according to a Dubai-specific “Wealth Report” from Knight...

Tips for expats to set up businesses in foreign countries

Starting your own business is a huge challenge, even if you’re doing it in your home country. Planning to do it in a foreign country,...

95% Of Finance Professionals Can’t Beat The Market – Study

S&P Dow Jones Indices, the “de facto scorekeeper of the active versus passive investing debate,” recently released its SPIVA U.S. Year-End 2017 report (see...

No plans to reserve jobs for Bahrainis: official

Bahrain has no plans to reserve certain jobs to Bahrainis as followed by some neighbouring GCC countries, said Labour and Social Development Labour Affairs...

Kuwait panel rejects $3,300 driving licence fee for expats

A Kuwait parliamentary committee on Sunday rejected a series of anti-expat proposals including calls for foreign workers to pay $3,300 for driving licences. The...

New savings plan for UAE expatriates proposed

A new study has recommended the establishment of a savings investment fund, which would replace the traditional end-of-service gratuity, for expatriate workers who work...

Saudi business community seeks expat levy amendments

The Council of Saudi Chambers (CSC), reacting to a backlash, recommended changing the recently introduced expat levy. The law is intended to help the kingdom...

Oman expat visa ban could go beyond 6 months

In a move to provide more job opportunities to citizens, the ban on issuing visas to expat workers in 87 occupations in Oman may...

Companies to prioritise Emiratis over expats in new nationwide drive

The Ministry of Emiratisation and Human Resources has selected 400 job titles of positions that it wants to see Emiratis given the opportunity to...

Why Dubai brokers can’t sign rent contracts anymore

If you are a real estate broker handling an overseas landlord’s property portfolio in Dubai using a power of attorney (POA), you may be...

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