According to a recent survey by KPMG, more than half of UAE CEOs plan to add more staff in the next three years. “A buoyant picture emerges of CEOs in the UAE who are expecting strong and steady growth for their company, industry and country. While GDP growth in the UAE may not be as robust as in recent years, the level of CEO optimism reflects a growing maturity and confidence in their ability to adjust to a new reality and develop other, non-oil driven sources of expansion,” the report said.
Most CEOs said they are strengthening presence in existing markets and foraying into new verticals as well as targeting some new markets with focus on organic growth. The CEOs said they would invest heavily in workforce training, cybersecurity, governance and risk.
Cybersecurity, healthcare, tourism, digital marketing and sales are among secotrs that are looking to hire in big numbers over the coming years, new studies have shown. “A significant majority of the UAE business leaders now recognise innovation and technology disruption as drivers of business growth – 68 per cent this year compared to less than 40 per cent last year,” he added.
Source Credit: Khaleej Times
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