Business confidence in the Middle East rebounded strongly in the first quarter of 2017, in line with the fastest rate of growth in global trade since 2015, according to the latest edition of the Global Economic Conditions Survey.
A turbulent 2016—punctuated by terror attacks in Europe, Brexit, and a contentious US presidential election—appears to have rattled millennials’ confidence, according to Deloitte’s sixth annual Millennial Survey.
There has been a marked improvement in business confidence across Dubai during the fourth quarter over the same period in 2015, said a report.
Results indicate that the 2017 budget, Expo 2020 and Dubai Plan 2021 are fuelling expectation
Business confidence in the Middle East is at its lowest ebb for more than five years due to the renewed fall in oil prices, according to a new global survey of accountants.
Capital expenditure plans have understandably been pared
Political turmoil and instability in the region have led to a drop in business confidence in the UAE and Middle East in the first quarter (Q1) of 2015, according to a new survey of finance professionals.
The Global Economic Condit
Confidence amongst business leaders in the Mena region rose more than two points in the second quarter of this year to 62.6, its highest level in more than a year, according to a report.
Confidence increased for the second consecu
Most firms in the GCC remain cautiously optimistic regarding commercial agility, with more than half citing the optimization of operations as a key source of growth in the next 12 months, said a report.
Business confidence decreas
About two-thirds of the Gulf Cooperation Council (GCC) executives are upbeat about growth in the next 12 months and they expect an increase of 5 – 15 per cent in profitability during the period, a report said.
The outlook for Europe's economy darkened on Thursday with euro zone business confidence falling to a three-year low and a range of economic indicators across the continent pointing towards recession.
Shrinking lending and ris
The decision to impose a three-month state of emergency in Bahrain could prove a saviour for the country's business and financial community, a leading businessman said.
Mashal Group chief executive director Dr Yousef Mashal said that a