Signs of Recession in Dubai as 86 percent more residency visas are cancelled
Posted: February 11th, 2009 | Author: dubaidude | Filed under: Recession News | Tags: DNRD, Dubai, Residency Visa | No Comments »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 increase.
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