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Dubai’s growth spurt is feeling the pressure

Firms are rushing to the Middle East, but bankers, wealth managers and other finance execs who have moved there say some of the advantages have been overhyped

‘Everyone says it’s the next big thing, but in reality its pretty thin on the ground’
‘Everyone says it’s the next big thing, but in reality its pretty thin on the ground’ Photo: Owngarden/Getty Images

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Financial services firms are rushing to the Middle East, with a flash new office in Dubai or Abu Dhabi a must-have for investment banks, hedge funds and wealth managers alike. 

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