Banks may not be participating in the same bloodletting they once were -- look no further than
The Deal's Pink slips on Wall Street Dealwatch, which tracks financial sector layoffs, to see that downsizing is becoming less frequent -- but new jobs are still hard to come by.
However, if you're willing to relocate, financial sector jobs in the United Arab Emirates could grow up to 20% this quarter from last quarter,
according to Business 24/7.
"Bigger companies are doing their annual budgets. As they prepare their
budgets for 2010 at the end of Q3 and in Q4, we are expecting them to
be more comfortable allocating towards recruitment, training and
consultancy," Charles Francis, partner with GCC Partners, told the site.
The UAE for years now been an notable player in the global financial industry, and U.S.-based financial services companies are increasingly opening outposts in that region. But the companies are partial to workers who actually live there, according to Nofel Izz, director of JobsInDubai.com. As in, a telecommute probably won't cut it.
So what do you say? Are you willing to trek halfway around the world for a job? I hear they have
indoor skiing! -
Sara Behunek
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