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Posted by Happy Dubai Expat at 08:01 UAE time
..Dave, get over it mate. Residents of London have been living in a right mess for the last 50 years.
Posted by sandimdrt at 07:46 UAE time
Savings is a habit, a discipline and has little to do with how much one earns. It’s about resisting the temptation to spend now and pay later, focusing on financial security instead of living for the day and being concerned with what others will say! For some reason expats who come to work in the GCC think they are on a paid vacation. So can we have our cake and eat it too|? Most certainly the golden rule Pay Yourself First! Yes, 10% of your salary cut at source and sent to an account perhaps in your home country basically in a place which is not easily accessible. You still have 90% to spend!
Posted by Bhavanthan at 07:44 UAE time
Mr JK, There is nothing wrong to the people other than u. If I don't need some service from Etisalt why should I buy & pay? I have been given the internet from my office and when I shift to new building I could not transfer the telephone line. I was told that they will only transfer our connection if I get e-life!.
Etisalat should keep options open for customers to choose what is required rather than forcing to take e life.
Posted by Muneera at 20:12 UAE time
I nominate Hind & Reem Beljafla. I'm not sure about their age but they are definitely younger than 30 yrs old. They are extremely successful Emirati designers they mainly design abbaya's
Posted by Ryan at 19:41 UAE time
Whats the point in spending so many years in this country without saving a penny for a dark day. Remember that as your savings increase you will be able to think beyond the daily expenses and pay for larger and important things in this unpredictable life, like a holiday, an emergency, children's higher education without going into debts, retirement etc.
Posted by Expat at 18:37 UAE time
In UAE, all consumers are forced to buy one thing or the other. Be it the fries(with no other option or reduced price) with the burger, or the premium package to watch important matches like world cup or the minimums imposed on various offers, definitely the suppliers/sellers are the KINGS. all the consumers can do is atleast whine on an open forum like AB and be self satisfied. Nothing is going to change in the customer's favour.. take it or take it.. you cannot leave it..
Posted by victor at 18:07 UAE time
Why does this report have two paragraphs on the delay and nothing about they just can't afford the to pay for the tramway at the moment,and then the rest of the report saying how good the tramway is going to be,how many trains how many passengers per hour come oN A/B do so decent reporting this is kids stuff
Posted by Ali at 17:37 UAE time
A really responsible initiative by National Bonds - these are the stats that will show how badly we need to change our culture of spending. Interesting how we have come out of a massive economic crisis and people STILL haven't learned to save thier money!
Posted by Carb Florin Andrei at 17:30 UAE time
Many of the problems stated here can be solved by:
Building strategic partnerships-
Dynamic, and repeated negotiations
Everything depends on the terms set out above.
Logistic Manager
WWBI
www.worldwbi.com
Posted by JK at 17:26 UAE time
The area and line planned for tram was Dubai Marina – Internet City – Media City – Mall of the Emirates. These lines are already populated and one of the busiest in Dubai with residentials and offices. So what's the delay and what's the recession? Is it funding? Surely its not the developments around this area as it is already quite populated. JBR for instance is parking problems during weekends. We were expecting trams to let us leave cars to enjoy beach. Well, 4 years then it is.
Posted by Raj at 17:18 UAE time
Will some one please inform the innocent people out here as to which projects have been cancelled; and what are the investor rights now to collect our funds paid. Will we get interest?
Posted by Karigar Hisamuddin Suleman at 17:01 UAE time
To jump high, we need to take few steps back.
Inshaallah in next survey we will find saudi kayan & Mr.Mahdi al Bogami in top 5 CEO.
Posted by JB at 16:17 UAE time
This is all very nice but what about the people who have bought properties, were supposed to have moved in two years ago and still today have no villa or recourse to get their money back off the developers..? Not to mention the unpaid contractors, architects and suppliers, we hear daily about this being the fault of the world economic crash but in reality we all know it's deeper than that.!
Posted by JB at 16:07 UAE time
I think the 48% who expect their income to increase in the next 6-12 months are being "optimistically optimistic". The economy has still some way to go to be steady and employers certainly won't want to be increasing their overheads for at least another year once some stability has returned.
Even if income does increase it's the outgoings people need to keep an eye on and this has never decreased in the 16 years I've lived here.!
Posted by Dave at 16:02 UAE time
That means the Dubai Marina residence have to live in a right mess for the next 4 years......what a joke!!!!!
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