The National published expert opinions on why many expats may consider leaving UAE. Here’s what Souqalmal Founder and CEO Ambareen Musa had to say.
The downturn has changed attitudes, said Ambareen Musa, founder and chief executive of Souqalmal.com, who sees UAE residents moving towards a “savings mindset”. This is partly because they have to, as living costs increase, but she believed the main factor was because more people were more aware of the need to save. “With the oil pricing being volatile lately, there is a sense of caution from residents,” she said. “On Souqalmal.com, visits to the savings account section have more than doubled since last year.”
For full article go to The National.