Dubai In 2019 - Mass Terminations, Declining Business & Slow Sales

I was browsing through the news online and also checking with my contacts who were based in Dubai, UAE and this is what I found out. In a nutshell, these are some of the major headlines
Indian Singer Mika Singh arrested in UAE
Pope will visit UAE
FlyDubai moving to Terminal 3
Al Maktoum Airport is still empty with no business
Emirates Airlines profit drops 86%
Emirates plane covered in Diamonds
Pakistani minimum wage of 800 AED
Habtoor Interview - No more hotels and the interest to buy more hotels
Beach front property - full but low rates (100 USD)
Standard Chartered Bank has fired 178 people
Emirates National Bank Dubai has let go of 325 bankers
Mashreq bank is cutting down costs and revising salaries
Abu Dhabi Commercial Bank is cutting 700 people from its payroll
Rents down by 50%
Many texitile shops closing down
Most of the business are now focused on good sold only on cash and not on credit
Stock market down by 23%
Many shops are closing down in malls
Holidays - there is traffic in malls otherwise no is buying anything in Dubai Malls
90% sales are killing the market

TO SUPPORT MY CHANNEL
Please send money via paypal to loy@loymachedo.com

-------------------------------

TO CONTACT
loy@loymachedo.com | +66-92-541-4784

MENTORING SERVICES
http://thinkpersonalbranding.com/

MY BLOG
https://loymachedo.com

WHO AM I?
http://whoisloymachedo.com

FREE SERVICE
https://www.askloymachedo.com/

MORE ABOUT ME?
Google My Name "Loy Machedo"