According to the latest surveys, consumer confidence in the UAE is improving. Do you agree?

According to the latest surveys, consumer confidence in the UAE is improving. Do you agree?

The results are in.

October 18, 2009 12:49 by Dana El Baltaji

However, Kipp’s readers take the survey’s optimistic results with a pinch of salt; 22 percent of respondents to Kipp’s poll think these surveys can’t be trusted, while 43 percent said that investor confidence in the UAE is not improving, and that “things aren’t looking good.”

With Dubai World firing approximately 12,000 people globally – and the conglomerate’s future in question – it doesn’t seem that either Dubai, or the rest of the UAE, is out of the woods just yet.

However, not all respondents are negative: 27 percent said they think the economy is recovering, while 8 percent claim to have job security.

For those of you who’re secure about your jobs, we have a question for you: what industries do you work in? Email us at editorial@kippreport.com.

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Tags: Bayt.com, consumer confidence, Kipp’s poll, UAE, YouGov