Living Out Allowance
As ketek400 posted before, Living Out Allowance has been cancelled.
Just as quite some people were looking to buy some affordable property to live in now the prices are coming down, EK decides to cancel any new living out allowances. Probably one of the Sheikhs can't get rid of one of his developments and EK can take it on the cheap, providing they need to fill it, so bin the LOA!! Or one of the habibis has some empty housing and looking for tenants.. This brings us actually to 2 separate contract among the pilot group. Personally I was looking for a property to buy and with the prices now I could have EK allowance to pay for the mortgage, basically reducing my risk and living in my own place which I might sell once I leave this lying bunch to get the retirement plan filled up with a nice little extra...
Guess they need to help out the locals who are feeling the pinch of the credit crunch... Who cares about the expats? Getting extremely fed up with these lying b@st@rds!!!
Frustrated & extremely p1ssed off,
MR8