all those who work with Q-companies, good on ya. for the less fortunate ones who really have to shell out the dough for rent and transport from their own pocket its a less than rosy picture.the rent for a two room accom can make many a mid-earning expat dry up like shrivelled figs.
they ought to decrease the rent otherwise the only people workign here will be the ones employed by The big Q's.
either way its either raise the salary(which will have detrimental effect on the currency, if th etrend continues, there will be Yuan-effect on the riya. that is the riyal will stand for less and less value just like the yuan where hundred thousand yuans buy you a decend blanket.
otherwise the forecast is dark and gloomy. Expats are going to leave. Leaving a huge skill shortage which will inturn lead to companies hiring worker either overseas or loaclly providing them with rental accom and higher salaries to fit the bill
anyway. down goes the value of riyal. sooner or later. a dumb tourist location seeing the over the head expense. Companies wont really see the benefits of operating here anyway.
Booming economy or not. These buildings are not really going to feed the economy for long.
right
all those who work with Q-companies, good on ya. for the less fortunate ones who really have to shell out the dough for rent and transport from their own pocket its a less than rosy picture.the rent for a two room accom can make many a mid-earning expat dry up like shrivelled figs.
they ought to decrease the rent otherwise the only people workign here will be the ones employed by The big Q's.
either way its either raise the salary(which will have detrimental effect on the currency, if th etrend continues, there will be Yuan-effect on the riya. that is the riyal will stand for less and less value just like the yuan where hundred thousand yuans buy you a decend blanket.
otherwise the forecast is dark and gloomy. Expats are going to leave. Leaving a huge skill shortage which will inturn lead to companies hiring worker either overseas or loaclly providing them with rental accom and higher salaries to fit the bill
anyway. down goes the value of riyal. sooner or later. a dumb tourist location seeing the over the head expense. Companies wont really see the benefits of operating here anyway.
Booming economy or not. These buildings are not really going to feed the economy for long.
cheerios