View Single Post
(#5 (permalink))
Old
darren Offline
Junior Member
 
Posts: 21
Join Date: Feb 2007
Default Re: Dubai Property Investment - 28-04-2007, 02:11 PM

Yup, the actual Arabs are few and far between - they own virtually everything, either officially or "unofficially" .... and use third world labour almost like slave drivers ......

I went with a small team on secondment to assess/advise on their banking/finance sector ..... in the highly qualified fields there is plenty of money to be made but to move up into the higher circles did seem to be more about Who you know rather than What you know, incidentally the gossip I heard was that the Airline was the best company to work for in the entire world (!) ???

Without qualifications - even very highly skilled jobs were going to the lowest bidder from a developing country although I did hear a lot of American accents from the Asian work force ......

However I did do a bit of shopping and have to say the prices did appear quite a lot lower than blight - maybe brand name jeweler and designer goods are forced to be sold at similar prices in every country ??

The impression that I was left with (which seems to be agreed with whenever I speak to "informed" people who have visited the place) is that its just full of flyboys looking to make a quick buck while the getting is good ......
Reply With Quote