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. New PwC report finds an increasing need for mid-market accommodations to cater to a younger generation that does not put much emphasis on star ratings; Emerging markets will overtake developed markets as a tourism and hospitality destination but also as key provider of customers.
SAUDI ARABIA. Increase in foreign direct investment seen as part of efforts to diversify the economy and boost investment inflows into the kingdom; National Transformation Programme updates to be revealed at Saudi Forum 2017.