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The UAE is the favourite destination for a maximum number of overseas Indian workers—3 .4 lakh desis went to the country in 2008—but the number has been fast declining as Indian workers are unable to get new contracts or extensions in the country that’s in the grip of a recession.
Despite the brave front put up by Indian government , the debt crisis that has enveloped Dubai World threatens to hit the struggling Indian
overseas labour market that is largely dependent on short-term Middle East job contracts. The latest crisis comes at a time when official estimates have admitted that unemployment rates have spiralled to 30% in the Middle East in the last one year.
Industry sources say unemployment figures could be higher than the official estimates and that remittances to India— $43.5 billion in 2007-2008 are certain to be much lower this year in the wake of the continuing recession in the region. The Dubai World’s debt just adds to the bad news.
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Maternity leave law must be reconsidered UAE
Tuesday, 27th July 2010
"The number of Emiratis is not going to grow," Dr Amal Al Qubaisi, FNC member and head of the Committee of Education, Youth Culture and Media, said.
"This is due to the fact that... | New centre for residence visa medical tests in Abu Dhabi
Friday, 21st May 2010
The Abu Dhabi Health Services Company (Seha) will open its new Disease Prevention and Screening Centre in Mussafah on Sunday.
The old facility in the same area will be shut down on the same day. The... |
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