Overall business confidence remained the most stable in the UAE despite a recent decline in sentiments across the region, a new survey revealed.
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However, GCC executives remain cautiously optimistic, according to the YouGov and McGill Consulting Group Business Confidence Index.
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The report on stable business confidence levels in the UAE comes in the backdrop of a survey by global information and insights company Nielsen, showing a global dip in consumer confidence at the end of last year.
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According to the index, UAE firms demonstrated a higher level of confidence in the availability of internal financing sources than Saudi Arabia, particularly in equity from internal sources (45 per cent vs 33 per cent). Respondents in Saudi Arabia revealed more confidence in equity from institutional finance than those in the UAE (24 per cent vs 18 per cent, respectively).
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Read more: http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/uaebusiness/2013/February/uaebusiness_February94.xml§ion=uaebusiness
.
However, GCC executives remain cautiously optimistic, according to the YouGov and McGill Consulting Group Business Confidence Index.
.
The report on stable business confidence levels in the UAE comes in the backdrop of a survey by global information and insights company Nielsen, showing a global dip in consumer confidence at the end of last year.
.
According to the index, UAE firms demonstrated a higher level of confidence in the availability of internal financing sources than Saudi Arabia, particularly in equity from internal sources (45 per cent vs 33 per cent). Respondents in Saudi Arabia revealed more confidence in equity from institutional finance than those in the UAE (24 per cent vs 18 per cent, respectively).
.
Read more: http://www.khaleejtimes.com/biz/inside.asp?xfile=/data/uaebusiness/2013/February/uaebusiness_February94.xml§ion=uaebusiness
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