Alchemy Finance & Tax Insights - Q3 2023 Newsletter

In Q3 2023, a surge in recruitment was noted in the professional services sector, particularly in law firms and shared service centres. Arabic speakers are in high demand in KSA JV Law firms, and the commodity trading space is seeing new entrants. In Abu Dhabi, due to the recent merging of Reem Island into the ADGM, there's an increase in activity with 50 Hedge Funds looking to set up, creating more employment and attracting talent. Notably, there's high recruitment demand in Manufacturing, Aviation, F&B, and Asset Management.