Experts in the financial industry have said that there is a growing shortfall of adequate talent in the financial services industry in the United Arab Emirates.
There is growing competition between the Abu Dhabi's new financial free-zone (ADGM) and the existing financial centre of Dubai to become a leading financial hub of the Gulf Cooperation Council (GCC) region as well as the larger Middle East and North Africa (Mena) region. However, there is a shortfall of talent in the field in the region.
The Securities and Commodities Authority (SCA) of the United Arab Emirates has made some changes to extend its scope to cover full financial planning services.
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