A lot is happening in Dubai… I’m fascinated by this city and could never understand it, despite coming here for over 15 years. Rentals Let us start with the most obvious: Rents. Rents are falling… so that is a sign of a retreating economy, one that is shrinking. I’ve spoken to various property dealers who […]
Can I be arrested in GCC countries or in my home country if I have an unpaid UAE credit card debt of AED 5000?
In your home country (say outside the GCC), most likely not. In GCC and UAE in particular, possibly yes, if the financial institution went so far as pursuing the case legally and filing an official police report. The chances of them doing so are thin, very thin. It is not worth their time nor attorney […]