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When Colm McLoughlin came to the UAE some 28 years ago, the country was a very different place. The dusty roads were not lined with rows of lavish buildings that soared up into the sky.
The beachfront was not crowded with sunbathing tourists, and the airport was little more than one, small antiquated terminal. Brought over to set up Dubai Duty Free at the request of HH Sheikh Mohammed bin Rashid Al Maktoum, 40-year-old Irishman McLoughlin was one of just a handful of expats brave enough to make the move to the Gulf state at that time.
“Dubai has changed tremendously,” he says. “[When we started] the population was about 200,000 people, it’s now close to 2m. There was no stock exchange, there was no financial centre, there were about four or five hotels, and there was no Burj Al Arab, Royal Mirage, or Jumeirah Beach Hotel. The airport was one building and the Abu Dhabi road was a two lane highway. In Europe, people didn’t really know where Dubai was.”
Other expats new to the region that decade were Maurice Flanagan, Riad Kamal and Sunny Varkey. Flanagan, who came to Dubai in 1985 as the CEO of Emirates Airline, was later awarded a CBE for his services to communities in the UAE and to aviation. Palestinian Kamal moved to the region in 1974, before launching the UAE’ biggest construction firm, Arabtec. Varkey, who came to the UAE from India in 1985, created an education empire, GEMs, which very quickly made him into a millionaire.
But this was just the beginning for the UAE. Some 30 years later, these expats are among hundreds of foreign names known for their outstanding contributions to what is now the most prosperous economy in the Middle East, and one of the key emerging markets globally. Rick Pudner, CEO of Emirates NBD, Gerard Lawless, top man at the Jumeirah Group, and Deepak Khetrapal, leader of the age-old retailer Jumbo Electronics, are but a few more.
“Expats have played an essential role in the success of this country – there is no denying it,” says Abdulkhaleq Abdulla, professor of political science at the UAE University. “Without the expats and locals together, I don’t think we would ever have got to this point. Everybody appreciates it, and everybody recognises it.”
As it stands, some 80 percent of the UAE population is expatriate, with Emiratis making up just 20 percent. During the boom years, expats accounted for 90-95 percent of job-seekers, with only 5-10 percent of applications coming from UAE locals, according to property recruitment firm Macdonald and Company. Economists say the influx of foreigners was essential in light of the UAE’s ambitious growth plans but small Emirati population.
“The UAE has got a tiny population but a massive economy,” says Jim Krane, expert on Dubai, and author of City of Gold: Dubai and the Dream of Capitalism. “The employment of expats goes back more than 100 years, and is a key [reason] for the success that the country has had.”
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Thursday, 10 May 2012 11:16 AM - Paul dxb
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