A recent Consumer Confidence Index survey conducted by Bayt.com and YouGov demonstrates that while end-of-year sentiments towards personal financial situations and national economy appear to be pessimistic, outlook for next year is brighter. Respondents in the UAE state that their (and their family’s) current financial situation is either the same (38%) or worse (36%) than last year, with only one-fifth claiming to have had their finances improve in the same time period. The generally neutral/negative feeling is also directed...
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