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قديم 10-01-2014, 12:06 AM   #1
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افتراضي UAE rising cost of living is its residents No 1 concern

A new survey revealed that the No 1 concern of the UAE residents is the constant rising cost of living in the country although noteworthy confidence is expressed regarding the economy`s growth and job opportunities.

Furthermore only around 24 percent of the residents see progress throughout their financial situation within the last six months according to the most recent Middle East and North Africa Consumer Confidence Index survey.

Plus the conducted survey showed that around 81 percent of the UAE residents perceive the current cost of living truly high and predict even higher levels within the coming period.

Yet the survey showed that around 30 percent of the residents are planning to purchase new apartments and more than half plan to get a new property while 31 percent plan to buy a pre-owned home.

As for the job market most of the residents confirm that it is only growing and improving with new projects and foreign investments while employers are continuously creating new jobs in most of the country`s to face the ongoing climbing demand.

And regarding this matter the VP of sales of Bayt.com; Suhail Al-Masri, said: " projects are generating more job opportunities, which is a boom for the region. They are, however, also driving up costs which is why savings are dwindling and respondents are expecting a higher cost of living in the future. Employers must take this into consideration when hiring new employees."
Hazem Ahlawy غير متواجد حالياً   رد مع اقتباس
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