Wednesday, 19 March 2014

UAE tops HSBC’s global trade confidence index | GulfNews.com

UAE tops HSBC’s global trade confidence index | GulfNews.com:



"The UAE has scored the highest in the HSBC Trade Confidence Index (TCI) with the near-term trade prospects of the country viewed as very favourable based on a survey of 5,800 exporters, importers and traders from small and mid-market enterprises.



The HSBC Trade Confidence Index survey is conducted in 23 markets and is the largest trade confidence survey globally. It takes the views on trade volumes, risk to suppliers, need and access to trade finance, impact of exchange rates and regulation.



Confidence among businesses in the UAE on the short-term outlook for trade has reached an all-time high since 2009 — jumping nine points to 141, according to the latest HSBC Trade Confidence Index."



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