Pay cuts coming

An upcoming big event for Dubai I am expecting is significant pay cuts for expats working in government affiliated companies. As usual, you hear the wind carrying it to you first. Most times you can't tell where it blew from. A couple of days in Arabian Business, the hint becomes even stronger. Let me quote a paragraph from the interview with carried by the paper with Dr Omar bin Sulaiman, the vice-chairman of the central bank.

Efficiency is one of the big things that is happening in Dubai over the last few months. Government agencies, semi-government agencies and other sectors came under pressure and started improving their efficiency. We looked at the way we do things and the cost of doing things