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FINANCIAL NEWS
Increase in Dubai Business Confidence in Q2 of 2016.
28 Jul 2016
(MENAFN) A clear growth has been registered for Business Confidence in Dubai in Q2, raising expectations for new projects, orders and hopes for an improvement in market conditions.
Meanwhile, the Business Confidence index (BCI) of Dubai firms grew to 117.5 points during the second Q2 of this year, which is way more than the same quarter of the last year.
Clients in Dubai were more optimistic about the state of the economy compared to six other leading cities in the world. According to a study by the DED revealed in Q2, the (CCI) for Dubai stood at 142 points, which is higher than that of Tokyo, Milan, Paris, New York, Bangkok and London.
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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