Abu Dhabi business confidence down 15% in Q1 | GulfNews.com:
"Confidence in Abu Dhabi’s business climate dropped nearly 15 per cent in the first quarter of 2016 compared to the same quarter in 2015, with the general index falling from 61 points to 52 points.
According to the Abu Dhabi Economic Performance Report issued by the emirate’s Department of Economic Development (DED), the index on the expectations for future outlook also fell to 55 points in the first quarter of 2016, down from 64 points the corresponding period last year — a decline of 14 per cent.
The indices were also lower in the first quarter of this year compared to the last quarter of 2015. The general index on confidence in business climate fell around 9 per cent in the first quarter of 2016 compared to fourth quarter of 2015, while the index on future expectations dropped 8 per cent in the same period."
'via Blog this'
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