Dubai Finance Jobs
The Hottest Career Opportunity in Dubai
Hi, Sunil here to discuss the Dubai finance jobs revolution with you
For now, it certainly seems on track do so with its ever present expansion.
In fact, elsewhere within Dubai there is yet more expansion in so many different areas going on too.
The financial boom isnt ending anytime soon (in the long run progression at least), and if and when it does, I dont see anyone (London or any other city) coming even close to what Dubai will have done by then.
How the DIFC Created a Demand in Finance Jobs in Dubai. Companies, and therefore the finance jobs, within the DIFC are limited to six simple areas, or zones.
Banking services, Islamic banking, asset management, reinsurance, targeted service provision, and DFIX (exchange) are the areas that come under the umbrella of the DIFCs incentive scheme.
For any financial institution, the incentives offered by the DIFC were and still are too good to turn down.
Ranging from zero taxation to allowing for totally foreign ownership, as well as state of the art infrastructure and a completely restriction free business environment, there was, and is, no limit to the potential offered by the DIFC.
With this, every area of finance that the DIFC covered became instantly in demand, as specialists in those areas were sought after for their services in helping set up business in Dubai, as well as get started on making the most of the potential on offer. Even though, now, most of the institutions in the DIFC have been established for some time, the demand still remains, and has continued to create more job opportunities in other related sectors.
Whats Next for Dubai Finance Jobs?
At the current time, the DIFC is still growing fast, and with it, the Finance job prospects are still increasing. As per its stated aim to rival New York, London, and Hong Kong as a global leading financial city, the DIFC continually extends an open invitation to any and all financial institutions to apply for a license to operate within its area.
For prospective employees, this means that the demand for financial jobs in Dubai is set to continue. Thus even if perhaps your long term aim is to eventually work in Dubai, but right now you do not have the necessary experience to do so, it is likely that you have the time in which to accumulate the skill sets that are most in demand in order to achieve your goal of working in Dubai.
In addition, as growth elsewhere in Dubai begins to escalate, the need for more and more financial institutions to cope with it is set to rise as well. Indeed, with every passing day the prospects look even rosier than before.
Dont be set back if you are currently not qualified enough to pursue a finance job in Dubai. With a bit of effort and the right planning in identifying the areas most in demand by the DIFC, you could very well land a job in Dubai in the future. All it takes is a little bit of patience, planning, education and a bit of elbow grease along the way.
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