taurusM: thanks for the update. you are right, apart from Qatar & UAE, the other good options are Singapore and Australia. with looming global economic recession, things are tight almost everywhere.

in India, for example, most big companies are going extremely slow on hiring plans for 2012. the worst hit are the US and european MNcs, mainly due to the tough economic conditions in their home countries. the indian companies are slightly better off due to domestic demand. but inflation in india is at all time high, especially food prices and real estate prices have broken all previous records. people with jobs are trying to hold on to whatever they have and those who do not have jobs are almost on the verge of desperation.