Most UAE companies ‘strongly impacted’ by coronavirus pandemic: HSBC survey – ZAWYA

Most UAE companies ‘strongly impacted’ by coronavirus pandemic: HSBC survey – ZAWYA

most uae companies 'strongly impacted' by coronavirus pandemic: hsbc survey companies intend to make operational changes to survive crisis, the survey revealed    business colleagues pointing at laptop screen while discussing plans and sitting by glass partition at office. image used for illustrative purpose,the majority of companies in the uae are going through challenges brought about by the coronavirus pandemic and are expected to make some operational changes to weather the crisis.in a new hsbc survey that covered more than 2,600 organizations in 14 countries, 79 percent of firms in the country said they were "strongly impacted“ by covid-19. only a small proportion (18 percent) of uae companies said they were sufficiently agile to survive the financial fallout."the uae was the second-highest market, after india, feeling the impact very strongly,“ hsbc said.in a new hsbc survey that covered more than 2,600 organizations in 14 countries, 79 percent of firms in the country said they were "strongly impacted“ by covid-19. only a small proportion (18 percent) of uae companies said they were sufficiently agile to survive the financial fallout.the majority of companies in the uae are going through challenges brought about by the coronavirus pandemic and are expected to make some