Tuesday, 28 June 2011

‘Expat fat’ cut as Abu Dhabi shifts focus - FT.com

In recent years Abu Dhabi has been a prime destination for many expatriates seeking refuge from the headwinds of the global financial crisis.


But foreign workers now have cause to be nervous for their futures as the oil-rich emirate cuts costs and responds to the youth-driven protests of the Arab spring by tackling unemployment among nationals.


Government bodies and state-linked enterprises in Abu Dhabi are cutting expatriate staff on orders from the “highest levels” of government, employees have been told.

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