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Consumer, biz confidence Filipinos in UAE at all-time high

DUBAI - A national survey presented at Expo 2020 Dubai heralded a post-pandemic optimism of Filipino consumers for the United Arab Emirates' (UAE) sustainable growth trajectory in the next 12 months. The study by The Filipino Times, the biggest news platform for Filipinos in the Middle East and North African region, focused on several key indicators as a gauge to measure Filipino expatriates' consumer confidence and covered 2,612 Filipino respondents from across the emirates. It measured consumer sentiment and purchasing power, and the business outlook of companies catering to or targeting the Filipino consumers in the UAE, which is considered one of the fastest-growing, brand-loyal consumer segments. Drivers of Optimism As presented during the Global Business Forum-Asean organized by Dubai Chamber at Expo 2020 Dubai, the survey revealed that 96 percent of Filipino expatriates believe the UAE economy is in a stronger position to achieve further progress in 2022 driven by better

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