Over 85% of UAE investors upbeat about economy issacjohn@khaleejtimes.com Filed on February 8, 2021
The confidence level among investors globally is also on the rise, with a majority of them optimistic about their regional economic outlook and the equity markets
Investors in the UAE are increasingly becoming confident about economic perspectives in the region with 85 per cent expressing optimism for the current year, according to a new Investor Sentiment survey unveiled by a leading Swiss bank.
While opinions are split on when life will return to normal in the Middle East, a slight majority of 51 per cent think normal activity will resume before July 2021, while 49 per cent of those surveyed believe it will not happen until the second half of the year, according to UBS’s survey. The survey polled more than 4,000 investors and business owners across 14 markets globally in late December and January.