Bloomberg sees revival in finance

Bloomberg will almost double its Dubai workforce to 90 over the next 12 months as the financial and banking sectors targeted by the provider of financial data and news regain momentum, according to its chairman.

Peter Grauer also expects to grow the number of regional terminals by at least 2 per cent this year as sales begin to pick up.

“The pipeline is healthier today. Removals are down as a result of stabilising head counts [at banks]. The prospect pipeline is starting to grow again. [Banks are] taking on a more welcoming attitude toward the future.”