All Rights Reserved 2008.
Emirates denies reports of expat exodus |
|
|
|
| News | |||
| Thursday, 16 July 2009 08:29 | |||
|
The Middle East’s leading airline, Emirates, has dismissed reports of an exodus leaving the country. The airline notes there has been no change in the number of one-way flights from Dubai International Airport compared to previous years. “We do not provide a detailed breakdown of our ticket sales, but we can confirm that the number of one-way tickets being booked out of the region is no different than in previous years - accounting for less than one per cent of total bookings,” said an Emirates spokesperson. “The Gulf region is a notoriously ‘last minute’ market for travel bookings, with many travellers holding out for special deals, but we are indeed seeing a pick up in travel demand for the coming months, which is good news for all in the industry.” Some newspapers have reported that some of the Dubai expatriate population is departing from the country without notice, leaving cars, houses and debts behind. The Herald claimed that there “were reportedly 90,000 one-way tickets” booked for May alone out of Dubai. The Dubai Naturalisation and Residency Department has consistently denied claims of an expat exodus The Department states that the DNRD currently receives more incoming visa applications per month than monthly visa cancellations. Got views on the above news? Email your comments to the email address below, each week a selection of comments will be added to the news stories Send your comment to This e-mail address is being protected from spambots. You need JavaScript enabled to view it
|
Most Read
AXA Wealth International launches Legacy Planning Bond
AXA Wealth International, the offshore investment arm of AXA Wealth, has launched the new Legacy Planning Bond…
FSA grants banking licence to Kent Reliance
Today sees the transformation of Kent Reliance Building Society into OneSavings Bank Plc, a bank run on…
NFU Mutual appoints Paul Glover as Chief Investment Manager
Insurance, pensions and investments specialist NFU Mutual has appointed Paul Glover as Chief Investment Manager (CIM) with…
Fine wine investment market starts 2011 with strong performance
The fine wine market started 2011 with a strong monthly performance with positive returns in January while…
Latin America and Asia lead global commercial property growth
Sentiment towards global commercial real estate continues to improve with Latin America and Asia leading the way…
Venture capital investing in UK falls by half, Government figures…
Investment in venture capital fell 48% in 2009, down from £1.30 billion in 2008 to £666 million…
Money transfers and advance fees top UK’s financial scam list
A large number of people in the UK who lost money to a scam in 2010 were…
Investors coming back to UK residential property market
The proven long term performance of UK residential property and a 6% rise in average rents in…
Cross border global real estate investment surged in 2010, report…
Global cross border investment increased by 60% year on year and accounted for 40% (US$130 billion) of…
Savings and investments to decline for high earners in 2011
The amount saved or invested each year by households in the UK with an income over £100,000…
UK banks set aside £50 million for green energy investment
Two leading UK banks are to increase the amount available for renewable energy investments as demand grows…
Egypt’s financial markets trying to get back to normal
Investors are right to be wary as a result of the current political turmoil in Egypt with…














RSS Feed