Competition continues to be the key concern as cited by 16% of the firms. Slowing market conditions have been cited as an impediment by 11% businesses, while rising costs of rental/leasing will be an obstacle as cited by 8% of the respondents.
DED conducts the quarterly surveys as an effective tool to measure the pulse of the business community and allow the government and the private sector to track and analyse major trends and issues that have a bearing on economic activity in Dubai.
A total of 503 companies in Dubai were covered in the Q2 2015 survey. The companies were asked to indicate if they anticipated an ‘increase,’ ‘decrease,’ or ‘no change’ in key indicators such as sales revenues, selling prices, volumes sold, profits and number of employees.
The survey gathers feedbacks from 2,000 respondents, divided between the four quarters of the year. The respondents come from all major residential communities in Dubai and cover males and females as well as nationals and expatriates, aged 18 to59.
For further information on the surveys, contact Laila Buabdulla, Head of Economic Information at DED, on +971 4 4455884.
