Saturday, March 14, 2009

We Built This City (Dubai) Too

Some reports can create confusion, depression and panic. Some reports reflect the state of denial of the establishment.
You read the report below and those comments from the readers....

Nonsence is what you are saying!!!!

I am one of thousands who lost their job in Dubai and had to pack and leave by end of the month. The ONLY way out with my family (Thank God it was Dec. where I was able to enroll them in second term in school back home), was to pack up and leave everything behind us....and when we got at the airport with my car....I could NOT find a spot to park my car as there was hundreds and hundreds of cars abandond you can easily see the amount of dust one them!!!!.....
What Jelousy are we talking about??? Yes Dubai was able to reach the top in very short time....and it is now falling nose down they say easy come easy go!....
Sorry to say but Dubai now is turning into a Ghost city by everyone who's still living there.....
Sorry but what you are saying is complete rubbish and nonsence!

DNRD chief rubbishes visa cancellation rumours

THE TRUTH: Major General Mohammed Al-Marri has dismissed rumours of mass visa cancellations. (ITP Images)

The boss of the Dubai Naturalisation and Residency Department (DNRD) has described as “nonsense” claims of mass visa cancellations and thousands of cars being abandoned at Dubai Airport.

In an exclusive interview with Arabian Business magazine to be published on Sunday, Major General Mohammed Ahmed Al-Marri said that other countries were “jealous” of the success of the emirate.

“When you are successful, people never focus on your success. That is human nature. They look for the mistakes and try and find problems.

"Everyone in the world wants to know how Dubai has become so pretty, so they can copy our ideas. But it is not easy to copy, and this is the problem. So they become jealous and they write what is complete nonsense,” he added.

Posted by pras, Dubai, UAE on Saturday 14 March 2009 at 15:24 UAE time

I would be convincing if statements are substantiated with facts and figures.
Recommended positive action
Posted by PHD, Abu Dhabi, UAE on Saturday 14 March 2009 at 14:27 UAE time

For all those genuine people who were unfortunate to lose their jobs, and have worked here for years, it would be nice if the Government could come up with an "elective-visa" where the person elects to stay for up to six months, to find work. Under this "elective-visa" they can hand their passports in, and banks must negotiate some smaller affordable payments in good faith, with no court or police action. In this way, as the economy improves, those that have worked here loyally, and are highly trained, are in position for faster economic growth of UAE, the country we are accustomed to calling our home. Also, the banks and the people do not lose out and the country receives positive publicity.
To Human Nature - Malek Tabech.
Posted by Lifeguard on Saturday 14 March 2009 at 14:09 UAE time

I lived the best years of my life in Dubai...and would have loved to live there for as long as I could. Yes we made good money but we gave also alot to Dubai....we did not make money for free!....we earned our money with our exeprience and qualification which we got paid for!....we all built Dubai...every single one of us had an input to where Dubai is NOW!.....and we are all proud of Dubai No doubt about that.....the amazing infrastructure, the services, the planing and building the future!..... But we DID NOT leave the country (Dubai) at our own will.....we were made redundant!....sorry you have to go....bad recession! what are we suppose to do with the stupid Visa laws!.....stay illegal in Dubai?....who will pay our rediculouse expencive rent!.....who will pay the kids school? .....
We all came out of Dubai either bankrupt and owe alot of money to the bank(s) or there are those who realy made good money from undertable deals!
Please for once Face the problem with courage...and admit you have a you can see it and fix it....and regain the trust of people who you lost now.....
Posted by Adam, Dubai, UAE on Saturday 14 March 2009 at 13:39 UAE time

The problem with these kinds of articles from very senior people in the government is that because they do not back up their comments with official data, people will only naturally assume the worst. Since Dubai used to very quickly release official data for positive news they seem to have fired the statistics employee when he bought the negative news. Regarding this article this senior employee is only contradicting the official figure from Dubai Police, who recovered the dumped financed cars from Dubai airport; this does not send a good message to the residents of Dubai. It would make more sense to take our heads out of the sand, publish the official data i.e. how many visa cancellations, broken down by industry, how many new visa’s and then the private and public sectors can work together to plan and implement a workable strategy to take Dubai from good to great, without accurate official data everyone is blind……..

View all comments (18) >>

Iranians relocating investments from Dubai to Malaysia

I was at a immigration consultant office this morning, there was a huge number of immigrants-to-be among the Dubai expatriates rushing to apply for PRs in Canada, esp from India etc including Iran. They are mostly economic migrants looking for better places to live and for their kids' future.

Later I was at the office of a businessman who had been in Malaysia as his family' second home. There is a big concern about Najib as the next PM, he has flatly rejected Najib-cum-Rosmah to helm our country.
He also told me that his five villas in certain Dubai projects are now selling below purchase prices!

The below aerticle potrays the real situation....damaging but reality bites and sucks for some.

Dubai No Longer Safe Haven for Iranian Investors

By Arash Hassan-Nia, Tehran (Source: Mianeh)

"We welcome all the dear Iranians for whom the UAE is a second home. We welcome you with open arms and offer you commercial, touristic, economic and social benefits�"

The above is a translation of a message in Arabic written on a billboard at the entrance to a recent three-day exhibition at Tehran's International Fares site. The event was first held more than five years ago to entice investors over to the Arab countries on the opposite side of the Persian Gulf.

The Arab sheikhs of the UAE are wise to the needs of Iranian investors. The promise of a three-year residency permit, plus easier travel to Europe and the United States is as appealing to Iranians and their families as the financial returns promised by construction companies and estate agents.

Five years ago, the promotional films on the huge monitors at the exhibition looked more like something from a Hollywood special effects department than real life, but all the various projects have since come into being, one by one, as the new Dubai is born.

In Iran, rumour has it that Dubai was built with Iranian money, and perhaps that is not so far from the truth. Certainly, Iranians have been involved in Dubai's property boom from the word go. The flow of investment money out of Iran has been on the rise and many Iranians have settled in Dubai.

According to a report by the Iran Commerce Council, Iranians run 10-30 per cent of all property companies in there. Another report, from the Iran Cultural Press, claims that 400,000 Iranians between them control 200 billion US dollars worth of assets in Dubai, a figure that could top 500 billion dollars over the next two years.

With the rise in property prices in Iran, it became possible to buy an apartment in a fabulous Dubai high-rise, paying far less than you would for something similar in Tehran.

But the advantages weren't only financial, as a young man who owns a construction company explained.

"The issue of residency is very important to me. Freedom and peace of mind are other important matters. Apart from that, the beautiful, luxurious flats here could be bought in installments with a mortgage. Conditions are not as attractive as before, but prices are still lower than on Argentina Square and Valiasr Street in central Tehran," he said.

A middle-aged man who owns a residential flat in Dubai agreed.

"High-rises in Dubai are cheaper than [those in Tehran]. Besides, there is a quality here that you would never find in buildings in Tehran," said the man.

The tension surrounding Iran's nuclear programme during the past three and a half years has made investing in Iran riskier, encouraging property agencies in Dubai to pour money into publicity. Pick up a remote control and flick through any Farsi satellite channel and you will quickly come across adverts aimed at Iranians, some with endorsements from celebrities such as the weightlifting champion Hossein Rezazadeh.

But some investors who rushed in have ended up the victim of fraud.

"All my friends have invested in Dubai, but of course they bought from more credible companies and they have not had any problems. One has to be very careful. Laws in Dubai are different from the laws in Iran and companies exploit our [ignorance]," said one man, who has not seen a written contract since making his investment two years ago.

"People who invested in property in the UAE, looking for profit have instead sustained losses. With the new economic downturn, some of the projects are not worth even half the price that was paid for them."

The man has since moved some of his money into Malaysia.

"Iranians have rushed into Dubai and it's no longer the calm, attractive place it used to be. Now in Dubai there's heavy traffic, inflation and other problems that we left Tehran and came here to avoid," he said.

Reports show that the value of the UAE economy has shrunk by more than 50 per cent compared with 2004. Falling oil prices have damaged its once flourishing property market. Prices have dropped from 200,000 to 50,000 dirhams per square meter in some parts of Dubai.

"Before this crisis, you could buy and sell property in Dubai in a matter of a few days, or even hours, and make a huge profit, but it is not like that anymore. I cannot sell my apartments. I cannot even cancel the construction contracts," said one man.

Even investors whose original motives for buying property were not purely financial are having problems. "I intended to obtain permanent residence in Dubai. Now, I can neither extend my visa nor pay the installments on my apartment," said one.

An investor who has managed to obtain residency has a different view.

"Before, I was reluctant to leave Iran, but with the new [economic] situation [there], I am glad that I am in Dubai. Conditions in Iran may become worse in the future," he said.

There is no sign that the number of adverts targeted at Iranian investors and tourists is waning. But Dubai is no longer the safe haven that it once was. Iranians will have to keep their options open in the search for a stable place for their money.

Arash Hassan-Nia is a journalist in Tehran

Mahathir dan Bahasa Melayunya

PPSMI bermula dari keputusan mendadak Mahathir yang kunun-kununnya tindakan terbaik dalam mengurangkan masalah siswazah yang tidak mahir berbahasa Inggeris.
Saya ada beberapa komen secara sepintas lalu.....

  1. Mahathir tidak membuat apa-apa kajian sebelum melaksanakan PPSMI dan semua menteri kabinet, pemimpin United Malay National Organisation bersetuju tanpa bantahan.
  2. PPSMI adalah cara untuk memberi kontrak pada kroni secara atas angin
  3. Apakah PPSMI mengambil kira majoriti anak-anak kampung yang tidak mempunyai pilihan seperti anak-anak orang berada dan tinggal di bandar-bandar?
  4. Pengajaran bahasa Inggeris mesti dipertingkatkan. Saya sendiri belajar bahasa Inggeris paling berkesan sewaktu dihantar ke kursus intensif selama 6 bulan di UiTM sebelum ke New Zealand, dimana 6 bulan itu lebih berkesan dari 11 tahun di sekolah!
  5. Mahathir yang terus mempertahankan kesilapan beliau itu, saya berpendapat, Mahathir tersilap dalam menyamakan pengajaran sains dan matematik dalam bahasa Inggeris meningkatkan penguasaan bahasa Inggeris.
  6. Juga silap yang sains dan matematik sahaja boleh memajukan bangsa dan negara. Pemikiran sehala seperti ini membahayakan sekali. Apakah seni, sastera, geografi, sejarah tidak boleh memajukan negara?
  7. Penguasaan ilmu bukan sekadar belajar sains dan matematik dalam bahasa Inggeris. Jepun, Jerman, Rusia dan lain-lain negara/bangsa lebih maju dari orang Inggeris.
  8. Pandai berhujah dalam bahasa Inggeris diperingkat antarabangsa tidak semestinya kerana dia belajar sains dan matematik dalam bahasa Inggeris.
  9. Membanyakkan istilah sains dalam bahasa Melayu akan sama memperkembangkan bahasa Melayu dan ini penting sebagai jati diri. Apakah orang Jepun dan Korea ketinggalan kerana belajar sains dan matematik dalam bahasa sendiri?
  10. Mahathir kata - Akan rosaklah bangsa dan negara jika dasar negara ditentukan oleh orang yang berdemonstrasi. Lebih rosak lagi jika yang berdemonstrasi didalangi oleh politik pembangkang....BANGANGnya Mahathir, apabila kerajaan yang kini mengikut undang-undang Mahathir dimana semua protes ditutup....suara rakyat tidak didengari, demonstrasi adalah perlu dan dibenarkan oleh perlembagaan serta demokrasi.
  11. Perlembagaan negara menetapkan bahasa Melayu sebagai bahasa pengantar!