FINANCIAL NEWS

Middle East business confidence continues to drop in Q2

29 Aug 2015

(MENAFN) Business confidence in the Middle East continued to fall in the second quarter of 2015, but not as quickly as it had in the first three months of the year, according to a new survey.

The survey organised by ACCA said more than any other region, firms in the Middle East began looking for opportunities in new markets in the last three months.

It said 43 percent of them took this approach, while over half of firms (53 percent) sought ways of reducing costs during this difficult period, said respondents to the survey.

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