Tuesday, 30 November 2021 04:05 GMT

Dubai business owners predict Expo 2020 to help their firms

(MENAFN) Three out of four firms in Dubai predict Expo 2020 to help their business in the Q4 of this year, as mentioned in a survey by the Dubai Chamber of Commerce and Industry.

Business confidence in the emirate got to its third-biggest level in ten years as firms start to sense the goof effect of the world’s festival which kicked off on the first of October, reported the Business Leaders’ Outlook for Q4 2021.

The survey also discovered that 76 percent of enterprises surveyed anticipate enhanced business sureness in the Q4 of 2021.

Around 66 percent were hopeful about the markey environment in Q3, rising from 48 percent in the Q2.

On Sunday, Oct. 10 Hamad Buamim, president and chief executive of Dubai Chamber, mentioned that “the findings reflect growing optimism within the local business community and promising economic prospects being created by Expo 2020 Dubai.”

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