Survey for the final quarter of 2014 reveals that consumer confidence in the UAE rose 2 points over the previous quarter. (Supplied)
Bolstered by a brightening jobs situation and a positive perception of their personal finances, UAE residents are willing to further loosen their purse-strings, according to a new report. That’s good news for UAE businesses, which means it’s good news for UAE residents.
Consumer confidence in the UAE remains among the Top 5 in the world, with residents most bullish about their job prospects in the next 12 months, maintains the latest survey by insights firm Nielson.
The survey for the final quarter of 2014 reveals that consumer confidence in the UAE rose 2 points over the previous quarter to reach an index score of 114, ranking the fourth-highest score of the 60 countries measured.
The UAE ended the year up 4 points from 2013, as did Pakistan (101 points). South Africa (+2 points) and Saudi Arabia (+1 points) were the other annual gainers in the region
The survey for the final quarter of 2014 reveals that consumer confidence in the UAE rose 2 points over the previous quarter to reach an index score of 114, ranking the fourth-highest score of the 60 countries measured.
The UAE ended the year up 4 points from 2013, as did Pakistan (101 points). South Africa (+2 points) and Saudi Arabia (+1 points) were the other annual gainers in the region
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