UAE. Results from the recently concluded Consumer Confidence Index survey conducted jointly by Bayt.com, the Middle East’s number one job site, and research and consulting organisation YouGov shows that residents in the UAE hold an optimistic view of their personal financial future, as well as of the country’s economy.
However, a majority of surveyed employees feel that the current remuneration is not in line with the cost of living, with only 17% believing that now is a good time to buy consumer durables.
According to the Bayt.com quarterly MENA Consumer Confidence Index survey, expec
UAE. For Athens, the new flights will offerthe choice of two different departure times to and from Abu Dhabi, and for Larnaca, the additional flights will provide more choice and flexibility, as well as better connectivity over Abu Dhabi.
KUWAIT. According to a newly released report by Kuwait Finance House Research, the global sukuk market saw a modest volume of US$31.14 billion in new sukuk issuances in 1Q2014. This volume represents a drop of 9.82% compared to US$34.53 billion worth of issuances in 1Q13.
INTERNATIONAL. The WGC pointed out that the Chinese bank savings amount to US$7.5 trillion but only about US$300 billionn is allocated to gold, signifying the potential for gold demand to grow as Chinese wealth climbs.
INTERNATIONAL. It's now up to the new government to get real shale development in motion, and for Turkey to face up to its own strategic realities and join forces with Ukraine to harness LNG potential.