Against the background of the current geopolitical situation, the United Arab Emirates actively attracts Russian bankers to work in local financial institutions. The country’s largest banks, such as Emirates NBD and First Abu Dhabi Bank, are creating special units to serve wealthy Russians. In this respect informs WSJ.
According to sources, the emirates deliberately use the current geopolitical situation and economic conjuncture to actively attract highly qualified specialists from the Russian financial sector.
The UAE has actually become one of the few states that openly declare its readiness to cooperate with the Russian business community. The Emirates did not participate in Western sanctions against the Russian Federation, which created fertile ground for the influx of Russian financiers and investors.
According to analysts’ forecasts, the number of Russians working in the UAE’s banking sector will increase significantly in the near future. Thus, the emirates will be able to further strengthen their financial sector at the expense of personnel and capital from Russia.
The New York Times in early August WroteThe US began to suspect that the UAE was ignoring American interests.
Previously in the Russian Federation Established single personal income tax rate for remote workers.