While much of the world braces for recession, CEOs in the United Arab Emirates are forging ahead with bold visions. During the Covid-19 pandemic, they diversified their supply chains and transformed their digital strategies, setting them up to grow and become more sustainable — despite the economic and geopolitical shocks that many foresee over the next 12 months.
This is what we learned speaking to 1,325 CEOs worldwide across 11 markets for this year’s CEO Outlook report. As CEOs around the world said they were getting ready to implement a number of resiliency strategies over the next 6 months, most CEOs in the UAE already had their strategies in place.
But that doesn’t mean that this budget cycle will be without challenges. Local business leaders are facing inflation pressures, ESG difficulties and increased risk of cyberattacks. And as the world learns to live with Covid-19, our survey revealed that CEOs and their employees might have different ideas about returning to the office full-time. We invite you to dive into our findings in the pages that follow, and we look forward to confronting the challenges and opportunities that lie ahead — together.
“Thanks to the country’s leadership that has had the foresight to promote and invest in strategic areas such as infrastructure, digitization and the circular economy, it’s little wonder Dubai is ranked as the world’s premier hub for foreign direct investment.”
Explore KPMG CEO Outlook 2022- UAE Edition
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