3 in 4 Dubai firms plan international expansion

Almost 75 percent of Dubai firms are targeting new export markets, a survey has revealed.

And 66 percent expect their businesses to grow headcount in the coming year, according to a survey conducted by Citi bank and YouGov.

“We’re pleased to say that 74 per cent of companies surveyed in Dubai plan to open new international offices and similarly 74 per cent will target new export markets as a means of growing their businesses in the next two years,” said Vincent Valladares, Head of Citi Commercial Bank, Middle East.

“We feel this reflects well on Dubai as a place to do business. Close to 66 per cent of respondents in Dubai also expected their businesses to grow headcount in the coming year.”

Source