The composite Business Confidence Index in Dubai rose to more than 122 points during the third quarter of the year, an increase of over 15 per cent on the previous quarter and 6.5 per cent on the same quarter of 2011, according to the latest quarterly business survey conducted by the Department of Economic Development (DED) in July-September 2012
The overall assessment for the fourth quarter of 2012 is that business will get better, with 95 per cent expecting either improvement or stability, the survey said.
While the level of optimistic expectations were highest among manufacturing, services and trading firms, the survey showed that almost 68 per cent of the businesses see stronger result during the final quarter of 2012 while 22 per cent expect stable outcomes.
No comments:
Post a Comment