Oct 29, 2007
Firefingers,
If the UAE does not change its monetary system currently pegged to the $US, then more than likely we will see alot of the highly skilled Expats leaving as well.
Why bother signing a 3 year contract where there is no allowance for a depreciating currency and spiralling inflation?
What makes it worse, the $US has alot further to fall.
I don't blame them for striking.
The money they get is an absolute joke for what they have to put up with.
http://www.iht.com/articles/ap/2007/10/ ... php?page=1
Cheers markco2