Sector: Accounting & Finance

Expat packages shrinking as jobs dry up

In what could be viewed as something of a return to common sense, the sort of rapidly escalating pay packages offered to expats working in the UAE financial services sector have ceased. Instead, they have begun to shrink. Recruiters Robert Half have just produced their first salary survey for the Gulf region, which suggests that [...]

Deloitte eyes Middle Eastern expansion

Dubai’s not dead yet, at least for Deloitte, and it’s embarking on a recruitment drive to bolster its Middle Eastern presence across a range of businesses. The Middle East still has massive growth potential over the long term reckons Deloitte, and it’s intending to come good on the promise it made in September to bolster [...]

CIMA unveils Islamic qualification

Don’t know your sukuk from your takaful? CIMA has launched a new qualification to open the door to the rapidly expanding Islamic finance industry. Islamic finance is surging, with a growth rate of 15-20% a year, and it’s now worth between 150bn and 250bn. What’s more there’s a well documented skills shortage in the area. [...]

UK’s Association of Chartered Accountants accreditation hits Dubai

Dubai accountants are to be offered the chance to earn the British ACA accreditation locally for the first time. The Institute of Chartered Accountants in England and Wales (ICAEW) reckons rapid expansion in the Gulf has driven an increased need for qualified accountants, which has prompted it to set up shop in the region. So [...]

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