Sunday 18 August 2013

Enterprises are buoyant over outlook for Dubai - The National

Enterprises are buoyant over outlook for Dubai - The National:

"Small and medium businesses in Dubai are the most positive they have been in five years amid a resurgence of the emirate's commerce, tourism and property sectors helped by its bid to host Expo 2020 and plans to become a hub for Islamic finance, the Dubai Chamber of Commerce and Industry said.

In a recent survey, the chamber found that 73 per cent of its 150,000 members - 95 per cent of which are SMEs - expected business to stay the same or improve in the third quarter.

The survey found that SMEs were more optimistic than larger businesses, with 27 per cent expecting an improvement, compared with 21 per cent of the bigger players."

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