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Orellana-Hyder: UAE Cost of Living Not Deterring Move
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Why This Matters
Despite rising costs of living in the UAE, the influx of global banks and hedge funds is increasing headcount in Dubai and Abu Dhabi, indicating continued appeal for professionals. Industry experts suggest that the financial opportunities outweigh the cost concerns for many in the sector.
Market Impact
Market impact analysis based on bullish sentiment with 70% confidence.
Sentiment
Bullish
AI Confidence
70%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The influx of global banks and hedge funds into Dubai and Abu Dhabi is driving up headcount across both financial hubs. But is the rising cost of living affecting the appeal of the Gulf dream for some professionals? Oscar Orellana-Hyder, co-founder of Cordell Partners told Bloomberg’s Jennifer Zabasajja on Horizons Middle East and Africa that it isn’t. (Source: Bloomberg)
Original article published by
Bloomberg
on December 15, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.