By the way! Here is an update!
UAE consumers will be hit hard, with inflation likely to rise to 12%, the chairman of Sharjah Chamber of Commerce and Industry told Emirates Business 24/7. Ahmed Mohammed Al Midfa said “With many families in the UAE depending on salaries, high inflation will affect the purchasing power of the residents.
http://www.arabianbusiness.com/50659...ue-to-escalate
Remember the tendency of agencies to be very conservative when they publish negative forecasts around here. Bring some more examples and post them here when you find some. We need to really know... Don't we?
What is EK going to do about it? Tell me Tell me?