These are the top challenges for businesses in Gulf region

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File picture of Abu Dhabi Corniche. A survey done by a consultancy revealed that companies are rolling out a wide range of activities to counter cyber risk. They are investing in capability building, new roles, external advisers, and control systems.
Image Credit: Gulf News

Dubai: Digital adoption and cyber security are the top challenges for businesses in the region, a survey revealed.

These concerns have sprung to life in the past two years, and 66 per cent of the executives surveyed list them as their top concerns. This number compares with only 25 per cent of executives, who were worried about those aspects in 2017.

“In many respects, the business priorities and learning needs of the region are not dissimilar from the global position. Businesspeople are understandably preoccupied with digital issues the world over. However, alongside cybersecurity and digitalisation, our findings also show that the Middle East has not lost sight of the importance financial management,” Gustaf Nordbäck, CEO of Headspring, which commissioned the study, said.

The…

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