TMF Group's increased presence in the UAE comes at a time
where, despite the oil price slump, the number of companies looking
to set up or establish in the region is growing.
Some may question the timing of our decision to open an office
in Abu Dhabi, given the Middle East is heavily impacted by low oil
prices – and they are set to remain at this level for some
time, as shale companies in the US continue with operations.
However despite the oil price slump and the UAE's 4th place
ranking on the latest
Global Benchmark Complexity Index, the number of companies
looking to set up or establish in the Emirates is growing.
Why?
Abu Dhabi, the capital and largest Emirate in the UAE, is
growing its reputation as a tourist hub with a large expansion of
the international airport underway and other significant
developments including infrastructure, housing, schools and
cultural projects - notably the construction of the Guggenheim
museum and the scheduled opening of the
