Do you view UAE as your home or is it a place to make and save money?
According to Gulf News, 42.28% say "It's my home", while 57.71% think "I'm here to save money".
What's your opinion?
Some points to ponder:
1. The official inflation rate for the UAE last year was 4.1 per cent. Non-governmental sources quote hyper inflationary levels in Dubai of 25 to 40 per cent!
2. Rent rose by up to 50 per cent last year according to the National Bank of Dubai. A recent survey showed that the total cost of educating a child in London to the age of 18 amounted to $81,750 compared to $146,000 in the UAE.
Excerpts and Good read!! www.gulfnews.com
What's your opinion?
Some points to ponder:
1. The official inflation rate for the UAE last year was 4.1 per cent. Non-governmental sources quote hyper inflationary levels in Dubai of 25 to 40 per cent!
2. Rent rose by up to 50 per cent last year according to the National Bank of Dubai. A recent survey showed that the total cost of educating a child in London to the age of 18 amounted to $81,750 compared to $146,000 in the UAE.
Excerpts and Good read!! www.gulfnews.com


