Monday 14 July 2014
 
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business confidence

Business confidence in Mena hits year-high in Q2

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

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GCC firms ‘cautiously optimistic for 2013’

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

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GCC executives upbeat on growth

  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.

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Euro zone business confidence hits 3-year low

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

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Emergency 'may revive business confidence'

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

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Airline business confidence ‘improves in July’

Airlines are growing more confident as economic recovery takes hold, with financial performance at pre-crisis levels and expectations of future profitability rising, airline association Iata said on Tuesday. Almost 70 percent of respondent

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Saudi business confidence slightly wavers

Banque Saudi Fransi said greater global economic uncertainty in light of the euro zone debt crisis and volatility in oil prices over the last two months has taken a toll on sentiment among Saudi business executives. The BSF Business Confid

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Bahrain's business confidence grows

Business confidence in Bahrain grew strongly last month, according to the Shuaa Capital GCC Investor Sentiment Report. Bahrain was this month's biggest gainer, as its Investor Confidence Index rose by 2.4 points to reach 106 points, th

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SMEs 'business confidence at new high'

The business confidence among the small and medium-sized enterprises (SMEs) in the Middle East region is at a new high with Qatar topping the list, according to a new survey by HSBC. Across the region, a growing proportion of small bu

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Gulf Q3 business confidence 'picks up'

Business confidence in the Gulf region has risen to its highest level since October 2008,  according to a survey released on Wednesday, with companies anticipating higher revenues and profit margins. The HSBC survey, which was taken i

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