Monday 5 March 2012

Business : Confidence up on UAE economy

There is considerable optimism for the future in the UAE, with 46 per cent of those who responded to a survey voicing hopes that their personal financial situation would improve in a year’s time, while 45 per cent expecting that the country’s economy would also improve.
The Consumer Confidence Index survey conducted by the Middle East job site Bayt.com and YouGov, a research and consulting organisation, shows that while 46 per cent of respondents expect business conditions to become more favourable, 31 per cent hope that employment conditions will also improve.

“Despite this, only 23 per cent are optimistic that their companies will grow in terms of number of employees, with 40 per cent remaining neutral with regards to meeting staffing requirements,” the survey report said.

1 comment:

  1. There is considerable good perspective for the long run in the UAE, with these who resolved a research voicing hopes.

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