Financial professionals: Brexit won't affect UAE competitiveness

Brexit will not affect how competitive Dubai is on the world stage. That’s according to the majority of financial professionals in the UAE, who say that companies from the Middle East are not seeking to expand into the United Kingdom. More than 70% of experts surveyed by the CFA Institute felt that Britain’s exit from the European Union (EU) will not have a bearing on the city’s status as a global financial hub. Nearly 60% said that companies in the Middle East would reduce their presence in the UK in the wake of Brexit.