subject: Finance jobs in Dubai– a progressing trend [print this page] Finance jobs in Dubai a progressing trend
The last three decades have witnessed an immense transformation in the Dubai economy. Dubai serves at the epicenter of the Middle East business scenario and enjoys a crucial location that caters to the expansion of the economic activities. The present economic market thrives on low logistical and operational costs that make it competent in the larger business arena. Dubai is rich with superlative infrastructural facilities, liberal governmental policies and international outlook. Various sectors such as transport, trade, tourism, IT, and finance have undergone a steady progress, intensifying the advancement of the economy towards the higher goals of success and evolution.
Dubai industries and companies cater to the employment requirements of a huge wave of population. Worldwide famous for its oil industry, Dubai is fast emerging as the fastest growing city in the world. The city gives an average of establishing a whopping 30 new companies every week. Dubai has therefore generated a plethora of job facilities globally. Moreover, the tax-free law that prevails in the city provides for an added attraction for pulling more number of talented professionals towards catering to the city's economy. Dubai jobs are therefore a profitable deal for employees coming in from all across the globe.
The Dubai economy stands forth as an ideal investment destination due to competitive costs, environmental and market advantages. Such advantages render Dubai as not only the Arabian Gulf's multi-purpose business vertex but also a foremost component of the fast emerging market economy.
Dubai still upholds the ancient seafaring and trading traditions has emerged as Middle East's major re-export destination. The Emirate has increasingly gained repute as being a major venue for a growing number of progressive and profitable activities.
Fast paced financial business activity has become the backbone of Dubai. It is increasingly becoming the major abode for professionals in the field of finance. Growing number of jobs and career opportunities in accounting and finance activities are gaining rage in Dubai's financial hub.
The Finance and Accounting sector comprises various sets and descriptions of jobs and employment profiles. Ranging from finance, general accounting, banking finance, retail finance manager, finance executives, to tax accountants, tax analysts, finance executives etc., and the finance sector offers a huge share of business activities prevalent in Dubai.
The creation of Dubai International Financial Exchange (DIFX), a financial free zone operating between Western Europe and East Asian countries has further accelerated the number of finance jobs in the city. The DIFX is being famed as the upcoming financial center, globally beneficial as it will generate vacancies in every sector from investment, corporate and private banking to asset management, Islamic finance and asset management.
The DIFX defines a city in itself within the Dubaia Financial Center, embodying international working standards comparable to the globally competent and successful stock exchanges. The DIFX is expected to stretch over 110 acres of land and support magnificent office complexes, exquisite housing blocks, hotels, restaurants, and art galleries.
Following major companies will initiate employment vacancies in the zone :
Banking Services
Asset Management
DIFX (Exchange)
Targeted Service Provision
Reinsurance
Islamic Finance
Finance jobs in Dubai have gained pace and have accounted for a 17-20 % increase in the recent years. The prime focus of the Finance companies is to hire appropriate candidate and high-trained staff who will contribute significantly in revenue generation. Despite a critical downturn created due to the economic catastrophe which caused massive employment shortages globally, the financial segment is set to witness significant upsurge with the upcoming employment scenario.
Dubai is a consistently competent financial market, with a vision to progress and advance its economic horizons. Accounting for a huge share in the available jobs in the Gulf/Middle East, Dubai is fast pacing to become the Arabian Gulf's prime global business vertex.
