| | OCTOBER 20214 Vol 03 · Issue 9 - 3 · October, 2021 Publisher Alok Chaturvedi Managing Editor Sujith Vasudevan Editorial Aveek Pal Chaudhuri Keerthana Kantharaj Monica Pallavi JGroup Art DirectorAshok KumarAdvertising Managers Ashu Sethi Shivam AgarwalNoidaRohit Raghubanshi Garima Anandadvertise@ceoinsightsindia.comEditorial queries editor@ceoinsightsindia.comTo subscribeVisit www.ceoinsightsindia.com/subscribe/ or send emailto subscription@ceoinsightsindia.comCover price is Rs.150 per issue.Editor Alok Chaturvedi Design Mohana Krishnan Vetrivel SVP - Sales & Marketing Amrit SinghCirculation Manager Magendran PerumalCorrespondents Subhadarshani MohantyLike in almost all other parts of the world, the Covid-19's catastrophic impact on the Middle Eastern business landscape is going to be long-lasting, If the estimation of the IMF is anything to go by, the Arab region's economic contraction stands at 4.1 percent, which is not far from World Bank's anticipation that implicates a long U-shaped recovery. The traditional industries in the region have suffered the most. For instance, the travel and aviation sectors have witnessed a major slowdown. Going forward, throughout 2021, the chances look better only for a partial economic recovery. But still there is a positive milieu and optimism prevailing amidst the business leaders in the region, which is a great omen. Effective and faster vaccine rollout has been a significant reason for this optimism. The stats imply that the United Arab Emirates (UAE) has been able to vaccinate about 75 percent of its population with at least one dose, while Bahrain and Qatar have provided at least one dose to more than 60 percent of their population. Thanks to these promising numbers, businesses are slowly coming out of their panic-mode. There is an increasing level of optimism among consumers as well, despite 62 percent of households experiencing contraction in their income. It's also quite safe to say that the catalyst to the recovery will be new entrepreneurs and entrepreneurial vision. In this issue, we are unfolding the stories of a bunch of leaders who are leading this recovery process from the front. Do let us know your thoughts.Sujith VasudevanManaging Editoreditor@ceoinsightsindia.comEditorialThe Recovery Mode onPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technologies India Pvt. Ltd. and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2021 InfoConnect Web Technologies India Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.
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