Dubai property developer Nakheel has cut salaries by as much as half as the pandemic hits Dubai property developers and mall owners. The salary cuts took effect from April 1 and varied according to employee grades the developer said in a statement to Arab News. Earlier Reuters reported the job cuts and the departure of […] Read more
Dubai’s economy is set to rebound strongly next year, expanding 3.2 per cent on the back of a series of economic stimulus measures introduced last year. The emirate’s openness and its support for innovative projects and entrepreneurship have made the city an ideal destination for investment, the emirate’s Crown Prince Sheikh Hamdan Bin Mohammed said. […] Read more
