Covid-19 impact: 50% UAE residents say savings have been hit
Staff Reporter/Dubai
(Alamy)
1,000 UAE respondents take part in YouGov survey that was conducted in Nov
A new findings by market research firm YouGov, on behalf of wealth management solutions provider Quilter Cheviot, revealed that the novel coronavirus disease (Covid-19) pandemic has impacted over 50 per cent of UAE residents’ savings, which either dipped appreciably or stopped completely.
The sample size of the survey, which was conducted in November, was 1,000 UAE residents.
“When respondents were asked whether they had been able to save more during the Covid-19 pandemic, only 13 per cent said they were saving more,” said the report.
Over 50pc of UAE residents have stopped or reduced saving tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.