HNWIs, investors optimistic about #UAE economy, stock markets - report | ZAWYA MENA Edition

HNWIs, investors optimistic about UAE economy, stock markets - report | ZAWYA MENA Edition:

Majority of high net worth individuals (HNWIs) and business owners in the UAE are optimistic about the state of their economy and stock markets.

UBS Global Wealth Management's new quarterly Investor Sentiment survey notes that while 84 percent of UAE investors are positive about their economy and 81 percent are bullish on regional stocks, investors globally expressed much lower levels of optimism on their domestic economies and stock markets.

On average, 59 percent of surveyed participants are optimistic about their regional economy, while 55 percent are bullish on their regional stocks. Latin American investors were the second most bullish right after UAE investors.