Dubai - Mubasher: Business sectors in Dubai estimates the compound annual growth rate (CAGR) of profits margins for companies operating in the major fields in the UAE by 4.4% over four years.
The average annual growth rate is estimated at 3.6%, and it was accompanied by a rise in operational costs at a CAGR of 6.9%.
The rise in earnings and profits margins is attributed to a number of factors led by the continuous governmental spending on developmental and infrastructure projects, which revitalized the private sector, according to the majority of investors and businessmen participating in a survey by Albayan newspaper.
The rising role of Dubai in the global logistics industry, alongside the flourishing tourism have also helped all the market sectors.
