Skip to main content

Press releases 1 hit

​70% of businesses in Dubai may not survive Covid-19 lockdown; Stirling advises business owners to get out before it is too late

​70% of businesses in Dubai may not survive Covid-19 lockdown; Stirling advises business owners to get out before it is too late

Press releases   •   May 26, 2020 09:28 BST

Stirling warns that the economic impact on the UAE of the global response to the Coronavirus pandemic is likely to be longlasting. Officials predict that the country of predominantly expats, could see a 10% reduction in total population, as many foreigners are opting to return to their home countries.

News 1 hit

Australians  disbelief to find that  former Westpac CEO Shayne Nelson is now jailing  bank customers ,  threatening Interpol red notices and illegally harassing debt victims

Australians disbelief to find that former Westpac CEO Shayne Nelson is now jailing bank customers , threatening Interpol red notices and illegally harassing debt victims

News   •   Sep 24, 2017 22:30 BST

Australian Shane Nelson was the CEO of Westpac Bank, and is now the CEO of Emirates National Bank of Dubai. He claims he wants to see debt decriminalised in the Emirates, a popular expat destination. His bank though is one of the worst abusers of criminal law in the UAE. They continue to jail debtors, illegally and aggressively harass and threaten Interpol and extradition.