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GCC investor confidence up second month in a row

September 28, 2009 2:13 by kippreport

Investor confidence in the GCC rose this month, the second month in a row, according to Dubai-based investment bank Shuaa Capital’s monthly GCC Investor Sentiment Report.

The survey claims confidence climbed one point to 127.3.

Oliver Schutzmann, chief communications officer of Shuaa Capital and author of the report said: “Investor sentiment towards the region has been consistently improving over the past six months with only one month-on-month drop since April 2009.”

Tags: confidence, gcc, GCC Investor Sentiment Report, investor, SHUAA Capital