Up to 20% of UAE’s food and beverage companies expected to close by end of 2017 | The National | consumer psychology | Scoop.it

"'I see a lot of blood being shed in 2016, I think we will see 20 per cent of the current outlets in the UAE either closing or closed in 2017,' said Naim Maadad, chief executive of the hospitality development company, Gates Hospitality ..."