Thursday, September 01, 2011

Increase in registered properties by GCC nationals in UAE

According to Ministry of Finance in UAE, the number of registered properties held by GCC nationals in UAE, grew touching 4,604 in number, from 4,024 registered in the previous year.

According to the Ministry, the gross cumulative rates of GCC nationals who owned the properties grew from 29,425 in 2009 to 34,029. The Ministry also revealed that the number of GCC nationals working in the UAE touched 4,190 in comparison to 3,589 the previous year.

Moreover, the GCC nationals working in UAE public sectors were 789 in number, in comparison to 605 in 2009. On the other hand, the number of GCC nationals working in private sectors, fell to 2,906 from 3,080.

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