Photo of the Dubai clock tower by Ericsson Beach

DUBAI: The Gulf has long been a haven for expatriate Indians looking for work. The construction boom in Dubai provided a wealth of opportunities. But with the global recession, Dubai’s luxury bubble, the fuel for their rapid growth, is bursting.

Remittances to India from expats accounts for $27 billion, with over one-fifth of that coming from the Gulf. The loss of that money and the return on many Indians looking for work will have a devastating effect on the already tenuous Indian economy.

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