Dubai 2017 | ExpatWoman.com
 

Dubai 2017

27
Posts
EW NEWBIE
Latest post on 14 December 2016 - 10:16

Good morning beautiful ladies! I hope everyone is having a great day so far.

I’ve been hearing a lot of downsizing happening in most big companies here in Dubai. With all these, what do you think will be the economic condition of Dubai on the 1st quarter of 2017?

My family needs to plan ahead if we are moving back to our home country next year or give it a year or 2 to stay.

11
Posts
EW NEWBIE
Latest post on 14 December 2016 - 11:21
BlueSky is right - it's going to depend on your individual employer. However, on a macro level - my other half was chatting to some economic banker types and their view was that the consumer level economy/business etc doesn't really get hit until 18 months on from an oil price downturn. Considering that oil prices are still at a record low that's a whole long period of pain ahead for the UAE and wider region seeing as policy adjustments, alternative revenue streams etc etc will take a whole lot longer to start bearing fruit.
53
Posts
EW NEWBIE
Latest post on 14 December 2016 - 10:26
The only opinion that concerns you is your employers. You need to determine if your employers are feeling confident and what survival strategies they have in place in case things do turn.
 
 

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