More than half of firms in the Middle East are either cutting or freezing employment, while only 14% are increasing investment in staff. That’s according to new research on global economic conditions by the international body of accountants, ACCA and IMA. The survey of over 1,200 respondents points to weak business confidence in some sectors, with falling revenue cited as a major problem. It also adds that the region’s tourism and logistics industries look promising, with preparations for the Dubai Expo 2020 supporting these sectors.
UAE tightens anti-fraud rules, sets 24-hour deadline to withdraw fake goods
Apple facing $2.7 billion UK lawsuit over 'unfair' app tracking rules
Middle East Energy 2026 opens in Dubai
Shein shares slide in Hong Kong debut on worries about trade, regulatory risks
DWTC gears up for packed calendar of events and exhibitions
