United Arab Emirates 28 August 2023 – Leading global professional services firm Alvarez & Marsal (A&M) today unveiled the Q2 2023 edition of its Middle East Turnaround and Restructuring Survey. The report indicates that Gulf CEOs and business leaders who participated in the survey are feeling lower levels of concern about the economic environment, while still acknowledging continued headwinds around cost of capital and inflation.
The key findings from the survey include:
- The number of respondents who foresee a deterioration in the macro-economic climate over the next 12 months has fallen from 75 percent to 48 percent. The main areas of concern remain cost of capital and inflation.
- Although lower than the Q123 survey, a significant ma…
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