Most UAE expats believe their savings are inadequate – survey

More than half of the UAE’s Western expats want to increase their savings in 2016, compared with 68 percent of Arab expats and 60 percent of Emiratis, according to a survey.

The National Bonds Savings Index reveals the majority of people surveyed in the UAE believe their savings are not adequate for their future, reported Khaleej Times.

About 34 per cent surveyed claimed to have saved less than they planned.

The findings indicate that both nationals and expats were becoming increasingly aware of the importance of saving for a sound future, said the Dubai-based savings and investments company.

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