FINANCIAL NEWS

Middle East’s economic confidence grows in 2014

01 Jun 2014

(MENAFN) Ernst & Young’s (EY) MENA Capital Confidence Barometer reported that the economic confidence in the Middle East hit its highest since 2012, according to Arabian Business.

The company reported that 61 percent of senior executives stated that the global economy saw a significant growth from the 32 percent registered six months ago.

Only three percent said the economy is shrinking, down from 15 percent six months ago and 14 percent a year ago.

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