Bank jobs, finance jobs, recruitment in the financial markets, accounting and investment banking. Find jobs, post resumes and browse job market news

Join the debate

Search

  • formNewsSearch
Post your resume

 

Print

Should you cut and run from Dubai?

11 February 2009

Unemployed expats are leaving their (unpaid for) cars at Dubai airport, and fleeing the emirate in their droves. Or maybe they aren’t. But it still begs the question – if you lose your job in Dubai are you better off getting out ASAP, or hanging on for something new.

Last week the London Times suggested that over 3,000 cars had been abandoned at Dubai Airport. Expats who lost their jobs, and who had received internationally untraceable car loans from local banks, were just cutting their losses and hopping on a plane home.

Dubai’s chief of police has since responded to these claims, and reckons just 11 cars have been abandoned at the airport. Suggestions to the contrary are part of “a fierce campaign against the reputation of the blooming city of Dubai”, he says.

If you’re an expat employed in the freezone of the DIFC, you’re not tied to the stringent visa policy that requires you to leave the country within a month of losing your job.

However, if you were made redundant, would you stay and search for another job, or would you just move home again? Your thoughts please….

Comments (12)

Things are pretty bad in Dubai. But at least it's sunny.

View all comments

Bookmark

  • Digg.com
  • Del.icio.us
  • Stumbleupon.com
  • Reddit.com
  • Yahoo.com

Comments (12)

  • Let's get one thing straight - I am here because there are more jobs, and because I can earn more money. If I lose that job, I'm not going to stay.

    Dave 11 Feb 2009

    RECOMMEND

    Answers ID
    75817
    Function To Call
    displaySignInMessage()
    Recommended 0 times | Alert Moderator
    • http://news.efinancialcareers-gulf.com/formhandler.cfm
    • D
    • 75817
    • displaySignInMessage()

  • The sad fact of the matter is that if I do lose my job, it'll take me more than 30 days to find a new one at the moment, so I'll be out of here.

    Jeff 11 Feb 2009

    RECOMMEND

    Answers ID
    75820
    Function To Call
    displaySignInMessage()
    Recommended 0 times | Alert Moderator
    • http://news.efinancialcareers-gulf.com/formhandler.cfm
    • D
    • 75820
    • displaySignInMessage()

  • I've lived in Dubai for over a decade. Let's get one thing straight about Dubai - it's a business. There is no love or loyalty. If you can add to the bottom line - you are free to stay. If you get old (over 60), or are now not contributing to the economy (unemployed) visa laws ensure that you are out of the system and country.

    Steve 13 Feb 2009

    RECOMMEND

    Answers ID
    75974
    Function To Call
    displaySignInMessage()
    Recommended 0 times | Alert Moderator
    • http://news.efinancialcareers-gulf.com/formhandler.cfm
    • D
    • 75974
    • displaySignInMessage()

  • Things are pretty bad in Dubai. But at least it's sunny.

    Geoff 13 Feb 2009

    RECOMMEND

    Answers ID
    76022
    Function To Call
    displaySignInMessage()
    Recommended 0 times | Alert Moderator
    • http://news.efinancialcareers-gulf.com/formhandler.cfm
    • D
    • 76022
    • displaySignInMessage()

  • The visa laws applied in the UAE are not too dissimilar to visa laws applied elsewhere around the globe for individuals who require visas to work in foreign countries - all of which are drawn up to limit overstayers and protect nationals of the prospective country.

    teahhanby 17 Feb 2009

    RECOMMEND

    Answers ID
    76171
    Function To Call
    displaySignInMessage()
    Recommended 0 times | Alert Moderator
    • http://news.efinancialcareers-gulf.com/formhandler.cfm
    • D
    • 76171
    • displaySignInMessage()

  • Sunny? It's not sunny, there's always a smog that wraps the sky and makes it greyish...

    al massraoui 19 Feb 2009

    RECOMMEND

    Answers ID
    76405
    Function To Call
    displaySignInMessage()
    Recommended 0 times | Alert Moderator
    • http://news.efinancialcareers-gulf.com/formhandler.cfm
    • D
    • 76405
    • displaySignInMessage()

  • How dare you dis Dubai? I love this place man. I am born to be here. I will never, ever, ever leave, unless I am surgically removed.

    Angus the 2nd 25 Feb 2009

    RECOMMEND

    Answers ID
    76975
    Function To Call
    displaySignInMessage()
    Recommended 0 times | Alert Moderator
    • http://news.efinancialcareers-gulf.com/formhandler.cfm
    • D
    • 76975
    • displaySignInMessage()

  • Yes... the situation in UAE is getting critical day by day due to the economic crisis... if we lose our job it is difficult to get a new offer particularly people who have family and children studying here... there is no other go but to return to our country.

    Devi Kumari 01 Mar 2009

    RECOMMEND

    Answers ID
    77222
    Function To Call
    displaySignInMessage()
    Recommended 0 times | Alert Moderator
    • http://news.efinancialcareers-gulf.com/formhandler.cfm
    • D
    • 77222
    • displaySignInMessage()

  • Dubai!!!! will be bak to normal after, say 10 years

    Aaz 18 Mar 2009

    RECOMMEND

    Answers ID
    78457
    Function To Call
    displaySignInMessage()
    Recommended 0 times | Alert Moderator
    • http://news.efinancialcareers-gulf.com/formhandler.cfm
    • D
    • 78457
    • displaySignInMessage()

  • I've started getting contacted by employers to find them some suitable candidates for various roles. So, it seems things are shaping up once again.

    Faryal Humayun 18 Apr 2009

    RECOMMEND

    Answers ID
    80697
    Function To Call
    displaySignInMessage()
    Recommended 0 times | Alert Moderator
    • http://news.efinancialcareers-gulf.com/formhandler.cfm
    • D
    • 80697
    • displaySignInMessage()

Add your comment

* Mandatory

You have 1200 characters left

Enter the code shown here or sign in / register to skip this step. (What is this?)

  • formAnswers
  • http://news.efinancialcareers-gulf.com/formHandler.cfm?actionTemplate=myAccount

Post comment

  • Insert your comment here (under 1200 characters)

Jobs

Col3
Col4
Col5
Col6
bottom

Site Information

eFinancialCareers is a Dice Holdings, Inc. company. Dice Holdings, Inc. is a publicly traded company listed on the New York Stock Exchange (Ticker: DHX)