Business community in Dubai looks very optimistic for the first quarter of 2012 as majority of a recent survey respondent believes improvement in sales and more than 40 per cent expect higher profits.
Rising confidence on sales
and profits is reported in most economic activities in Dubai for the first quarter 2012, according to the quarterly business confidence survey conducted by the Department of Economic Development (DED).
Consumer confidence is a major driver of sales in any economy in the world. The UAE claimed the second place spot for economic performance in a recent Forbes Middle East study, issued this month.
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