Is the most shocking finding from the Arab Youth Survey that a third of them believe the government should bail them out if they get into debt?
cost of living
Arab world
1 in 3 Arab youth believe gov’t should pay off their debts – survey
Over half of youths believe the rising cost of living is the biggest challenge facing the Middle East today
Bahrain
Cost of setting up firm in Bahrain ‘up to 35% cheaper’
KPMG report says Bahrain leads on a wide range of metrics including commercial rents and staff costs compared to Gulf neighbours
consumer confidence
UAE consumer confidence on the rise, says new report
Fewer UAE residents were worried about the increasing price of living in Q4, according to new statistics from Yallacompare
budget deficit
Energy subsidies, expat levy loom over Saudi budget
Saudi Arabia’s budget is out later on Tuesday
Capital Economics
Saudi inflation forecast to rise over remainder of 2018
Capital Economics says underlying price pressures in Saudi Arabia are likely to pick up over the rest of this year
cost of living
Bahrain retains title of top expat destination in the world
Bahrain tops the global list for the second year in a row, with high rankings for the ease of settling in
Cars
UAE offers cheaper used cars compared to other markets
Used cars are a better option for drivers in the UAE as opposed to new vehicles
cost of living
Saudi household borrowing soars amid rising costs
Since the beginning of 2018, the government has raised fuel and utility prices, introduced value added tax and imposed a levy on some temporary foreign workers not under an employer’s sponsorship
cost of living
Drop in Dubai cost of living for expats, global survey says
Riyadh has seen costs rise due to subsidy cuts and VAT
cost of living
Tale of two cities: how Dubai, Manama compare on prices, earnings
Two Gulf cities have been named among the biggest climbers in new research on how prices and earnings of 77 international cities fare against each other
cheapest car
Dubai among cheapest to buy iPhone X, but most expensive to surf the net
As for monthly rent, Dubai is rated number 14 at $1,787, behind the most expensive Hong Kong at $3,737
cost of living
Dubai ahead of London, Paris, New York in quality of life report
Gulf city ranked number 18 out of 50 on global index by Deutsche Bank
budget deficit
Saudi Arabia’s safety-net spending wipes out new tax gains
Increase in the kingdom’s spending on wages and social benefits during the first quarter exceeded what it accrued through higher taxes and lower subsidies
cost of living
Revealed: why UAE residents are losing confidence in their finances
yallacompare survey reveals fears over cost of living rises and job security
Abu Dhabi
Abu Dhabi retail sector hit as consumers tighten belts
CBRE report says consumers have become more prudent in light of VAT launch and rising cost of living
cost of living
Dubai pips neighbour Abu Dhabi as best MidEast city for expats
Mercer’s Quality of Living Survey 2018 places Dubai 74th globally, just ahead of UAE capital in 77th
