An injection of funds into Abu Dhabi along with an increase in new jobs will boost activity in the personal finance sector, said experts at Guardian Wealth Management (GWM), a top wealth management company in the UAE.

GWM co-owner, David Howell, said research into the Abu Dhabi market at the end of 2018 produced very positive results.

He said: “There is no question about the level of optimism in Abu Dhabi currently – we are seeing a lot of new expatriate arrivals at the start of this year.”

“Across the board there is activity such as the launch of new projects and developments and the opening of more attractions such as those on Yas Island.

“It really is an exciting time in Abu Dhabi and from the personal finance sector it means we increase the number of enquiries. The challenge for us it to make our services and savings plans as modern as possible and, most importantly, bespoke for the people of Abu Dhabi,” he added.

“In Abu Dhabi the focus is very much on family and a long-term strategy to finance,” Howell concluded.

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