Latest News
- Kuwait-Jordan Durra Field Joint Statement Rejected By Iran
- GTD Cracks Down On Vehicle Noise Pollution In Sulaibiya
- Mystery Of Dead Fish At Shuwaikh Beach Sparks Urgent Action
- MEW To Complete Links With The Interior And Justice Ministries B...
- 8 Expats Jailed For Bribing An Officer To Obtain Driver's Licens...
- Weekend Weather Is Expected To Be Hot
- From Tomorrow, Traffic Diversion On Third Ring Road
- Ministry Of Health Refute Rumors On Non-availability Of Antibiot...
- Amir Of Kuwait And Jordan King Renew Commitment To Regional Secu...
- 37 Arrested With Narcotics And Firearms
- Outrage Over Candidate's Arrest
- Six Stores Shut Down In Jahra For Selling Fake Goods
Dubai And Abu Dhabi Among World's Most Expensive Places
Dubai and Abu Dhabi were ranked the 21st and 25th most expensive cities for foreign workers to live, according to Mercer's 2016 Cost of Living Survey released on Wednesday.
Dubai with its 2.5 million inhabitants saw a rise of two places in comparison to last year. Abu Dhabi (1.5 million people) changed from 33rd place last year to 25th, despite a slump in oil prices, Xinhua reported.
All Gulf Arab economies, with the exception of Kuwait, have pegged their currencies to the greenback.
The costs of living increased in recent months in the UAE after the government cut a number of subsidies and introduced new fees for living and doing business to cushion the fall of oil revenues.
Economies in the Gulf region witnessed a slowdown in growth in the last six months due to the ongoing slump in the price of oil.
Â
SOURCE : IIK
Trending News
-
Kuwait Implements Home Biometrics Services Ahead O...
14 April 2024
-
Kuwait Airways Provides Update On Flight Schedule...
14 April 2024
-
Kuwait Airways Introduces Convenient Home Luggage...
15 April 2024
-
Expat Residency Law Amended By Kuwait Ministerial...
20 April 2024
-
Two Expats Are Arrested For Stealing From Salmiya...
17 April 2024
-
An Egyptian Expat Dies At Kuwait's Airport
11 April 2024
-
Kuwait Airways Resumes Flights To Beirut And Oman...
15 April 2024
-
Bay Zero Water Park Kuwait: Summer Season Opens Ei...
11 April 2024
-
Temperature Increases Cause Electricity Load Index...
21 April 2024
-
Thief Returns Stolen Money With An Apology Letter...
15 April 2024
Comments Post Comment