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Business executives optimistic of rebound to pre-Covid profitability by 2022


Business executives optimistic of rebound to pre-Covid profitability by 2022
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Filed on April 6, 2021
Almost all executives (98 per cent) conducted a comprehensive strategy and portfolio review, and they plan to focus on investing in customer-centric digital and technology capabilities.
Most companies feel satisfied with their performance during the crisis though 90 per cent of respondents experienced a decline in revenue due to the Covid-19 pandemic
A large majority of business executives surveyed expect the Middle East to be a preferred investment destination that will generate the most growth and opportunities for their company in the next three years.
While 81 per cent of Mena executives anticipate growth and investment opportunities in the Middle East, 71 per cent of those surveyed expect to see revenues return to pre-pandemic levels by 2022 or earlier and 69 per cent anticipate a return to normalised profitabili ....

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