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Dubai to boost public spending by 42 percent

Dubai to boost public spending by 42 percent

Plus, Dubai government introduces part-time work option, Saudi plans more than 200,000 new jobs in education sector, Unified freehold property visas in UAE, Zain CEO promises to protect staff during crisis

January 11, 2009 6:32 by








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3 Comments

  1. Peter Peter on January 11, 2009 8:56 am

    In their rush to attract overseas funds all the property developers promised residence visas to investors. The local government authorities said or did nothing to stop this propaganda. As a result tens of thousands of people put their hard earned money in to property in Dubai and other emirates.

    Now the government says they want to pass a law, unified or not, to regulate this. However let us not fool ourselves as to why it is being done. As reported on the first page of Khaleej Times today ( Jan. 11 ) Dr. Abdul Raheem Shaheen , a member of the Federal National Council had apparently stated last December that a law was being prepared to ” restrict expatriates from automatically acquiring residency visas when they bought property”.

    What actually is happening here is that the UAE government wants to go back on the word given by the property developers ( a word given apparently with the tacit approval of the very same authorities ) and wants to have the final word on who will get the visa and who will not.

    I am sure no one has any illusions on which nationalities will be denied the visas.

     
  2. Nick on January 11, 2009 10:03 am

    New part-time work for UAE government employees? Does this imply they actually worked full-time until now??

     
  3. rex on January 11, 2009 12:04 pm

    To Nick:

    You are the first person who put a smile on my face today.

     

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