Radha Stirling warns investors to leave Dubai or face jail after Arabtec liquidation

UAE government owned construction giant Arabtec’s liquidation has put thousands of expats at risk of imprisonment and Interpol red notices, warns Detained in Dubai CEO Radha Stirling.

Stirling warned investors to leave Dubai in a Facebook live broadcast today, issuing the following statement:

“Whenever a UAE construction entity goes bust, expats go to jail. This is exactly what happened in 2009, and exactly what we will see now. UAE government owned Arabtec has voted to liquidate, leaving $18 billion worth of projects under construction, a disaster for the perhaps thousands of expats who had deals with Arabtec.