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Tue 13 Mar 2012 04:35 PM

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Confidence high among Dubai finance execs - study

91 percent of finance executives expect business to grow this year

Confidence high among Dubai finance execs - study
91 percent of surveyed finance executives were confident in their business’s ability to grow this year compared with 2011.

Finance executives in Dubai are the most positive globally in terms of their company’s future growth prospects, a study has found.

Research by recruitment consultancy Robert Half found that 91 percent of surveyed finance executives were confident in their business’s ability to grow this year compared with 2011.

This percentage was joint highest in the world with Brazil and higher than that of China (87 percent), Hong Kong (82 percent) and Chile (79 percent), which made up second to fourth places in the study’s findings, respectively.

Robert Half’s poll also found that 72 percent of Dubai-based finance leaders were planning on hiring more staff in the first half of this year, with only three percent saying they expected to reduce headcount.

“Confidence levels are high amongst executives who are looking for highly strategic and commercially-focused professionals to help leverage business growth opportunities,” said James Sayer, associate director, Robert Half UAE.

 “Workloads persist and additional M&A activity is resulting in increased demand for skilled finance professionals,” he added.

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