Business leaders see growth in next one year

Top management officials in the UAE feel that financial crisis could last up to two years, according to a survey conducted by a global professional services firm.

"This survey has helped us to put a time frame according to the business owners and professionals," said Crispin Marriott, Managing Director of the firm, Towers Perrin Middle East.

The survey in 50 companies across a number of industries revealed that most of the senior leaders expect their business to show positive growth in the next 12 months. Interestingly owners have a slightly higher growth perception than senior leaders who in turn were more optimistic than directors or department heads.