CFA Institute launches results of its first CFA Institute GCC Societies Survey

CFA Institute, the global association of investment professionals, has launched the results of its first CFA Institute GCC Societies Survey, based on feedback from more than 200 GCC-based CFA charterholders and members from Bahrain, Kuwait, and the United Arab Emirates. The survey highlights economic, investment and employment trends and challenges in the GCC region. The economic outlook for 2016 seems uncertain, with the vast majority of respondents (81%) expect low oil prices to impact the GCC economy. Despite this uncertainty, the possibility of the introduction of Value-Added Tax (VAT), and human resources are dominant themes.