Saudi Arabia reported the highest increase in trade confidence in the world in the first quarter of this year, according to a HSBC Trade Confidence Index (TCI) report.
The half year index, developed and published regularly by HSBC, the glo
Traders in the Middle East reported high levels of confidence in the market once again, according to the HSBC Trade Confidence Index released in the region.
The UAE results showed a slight drop from the first half of the year, when the emi
Seventy-one per cent of Saudi-based businesses said they see the Kingdom’s foreign trade volume increasing in the second half of this year and that their fears about the world economy in general are receding, in a study.
Leaders of Sa
The United Arab Emirates has topped a trade confidence index as import/export traders see the Middle East as offering the best short-term growth prospects, an HSBC survey said on Sunday.
The poll surveyed 2,100 trade-oriented small and me