Abu Dhabi and Dubai draw hedge fund specialists
The British platform "eFinancial Careers" reported that Abu Dhabi and Dubai are attracting hedge fund professionals, as a number of traders and companies are relocating from London due to high taxes and instability in the United Kingdom, in exchange for the safety and tax-free income advantages in the UAE. Senior macro traders, such as Daniel Dungor from Goldman Sachs, have moved their offices to Dubai, along with establishing asset management firms and offices in Abu Dhabi and Dubai. Eyewitnesses confirmed that many experts choose the UAE because it is safer, which is their main reason for relocating, with some even bringing their families, in contrast to the migration challenges in Britain.
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