Entries categorized as Dubai
City7 cuts 90 jobs in Dubai
The owner of City7, an English language TV station in Dubai, confirmed on Monday that 90 jobs have been lost, adding that there will be more emphasis on news and information in the future.
Mohi-Din Binhendi, president of Bin Hendi Enterprises, denied media reports last week that City7’s remaining 50 employees would have to take More...
Milford Real Estate in Dubai closes shop, 28 employees lost job
Dubai-based Milford Real Estate was forced to cease trading on Sunday, making it one of the first full casualties in the emirate’s property industry of the global economic downturn.
Pam Brown, general manager, confirmed by telephone to Arabian Business that the firm, which was established in 2002, had now folded.
Between 20 and 28 employees More...
Signs of Recession in Dubai as 86 percent more residency visas are cancelled
Dubai cancelled 86 percent more residency visas in January this year compared with the same period in 2008, official figures revealed on Tuesday.
Data from Dubai’s Ministry of Interior Naturalization & Residency (DNRD) shows that 54,684 residency visas were cancelled during the month of January, compared with 29,418 in January 2008 - an 86 percent More...
20,000 Indian workers to be flown out of UAE
According to figures released by Indian Consulate in Dubai, 20,000 Indian workers, mostly labourers working in the construction industry, are leaving UAE in bulk booked flights to India.
They are either being sent back home on long leave, or are being redeployed to work on projects in other Gulf countries, such as Qatar.
The move comes More...
Burt Hill cutting 111 jobs in Dubai
Architectural design company Burt Hill has announced 111 redundancies at its Dubai office following a strategic review of the business.
The job cuts were carried out in response to the slowdown in Dubai’s property market, the US company, which designed the MotorCity project being developed by Union Properties, said in a statement on Tuesday.
“This staffing More...
Shuaa Capital starts redundancy talks with 21 employees
Dubai-based investment bank Shuaa Capital yesterday confirmed it had started redundancy consultations with 21 staff in order to realign its cost base.
“Staff affected representing nine per cent of Dubai-based employees are from across the business, with the majority being in middle and back office positions and from non-fee-based businesses,” the company said.
Shuaa is the first More...