70% of Dubai companies expect to go out of business within six months due to coronavirus pandemic

70% of Dubai companies expect to go out of business within six months due to coronavirus pandemic, survey says

DUBAI, United Arab Emirates – A staggering 70% of businesses in Dubai expect to close their doors within the next six months as the coronavirus pandemic and global lockdowns ravage demand, a survey by the Dubai Chamber of Commerce revealed Thursday. The Chamber surveyed 1,228 CEOs across a range of sectors between April 16 and April 22.

By Miki

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