The recent financial crisis has turned the Middle East into an increasingly attractive destination for top financial experts seeking a fresh start, reports
The Washington Post.
Robert Sloan, a consultant at Egon Zehnder International, New York, confirms this trend in the U.S. daily and in a
TV-interview with FOX Business. The number of U.S. financial executives interested in sending their resume to the Middle East has jumped by 50 percent since the spring, notes Sloan. Americans, however, may find it tougher to get a job in the Gulf than their European counterparts, warns the newspaper. Criticism of U.S. financial and political policies is widespread in the Middle East, where many blame bad lending decisions by American bankers for catalysing the current global crisis, explains the author. Moreover, proportionate to their populations, fewer Americans than Europeans have experience abroad, notes Sloan.