This is a country with an abundance of petrol but because the outlets are not making / making enough profit they are raising the price again. Last month it went up 25% so I think that was 50% in 2 rises. Now it's about to go up again I guess by another 25% in 6-8 weeks.
It's still about a third of the price in the UK, but it's just another indirect tax hitting workers here. Soon it won't be worth working here for a lot of people.
UAE is tax free, don't believe it!!
Cost of living is at least that of the UK if not higher.
Housing is expensive
Schools are expensive if you can find one with room.
Road Tolls are here
Food prices go up without warning (100% in one month on basics)
There are hundreds of thousands of accommodation empty and now it has come to a point where companies are not paying so building and maintenance is stopping and buildings are not liveable.
It's all coming to a sticky end here.
The business model MUST change.
Dubai has no industry so it has to change to attract people and business in another way.
It has tourism, but this could fall foul of health problems as hotels are NOT maintaining their air conditioning and this will lead to wide spread legionnaires disease.
Abu Dhabi is now being hit by problems and this is where it is claimed to be the richest area per head count globally.
The acute businessman attitude just isn't working anymore, so the people should realize this and change their attitudes before it's too late!!
The ultimate slap will be when Dubai loses the golf PGA event at the Dubai Desert course.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment