UAE’s SME sector sees decline in growth in Q2 2015

NULL

The UAE’s small and medium-sized enterprises (SME) sector has seen a decline in growth in the second quarter of 2015. This is according to the latest results from Gulf Finance Corporation’s UAE SME Sentiment Survey. The slowdown has been attributed to macroeconomic issues having a dampening effect on general market conditions. David Hunt, CEO of Gulf Finance, shares the highlights of the report:

SME DECLINE REPORT

More from Business News

News

  • 'Peace is not far away' says Erdogan after Putin meeting

    Turkish President Tayyip Erdogan, fresh from a meeting with Russia's Vladimir Putin, said he hopes to discuss a Ukraine-Russia peace plan with US President Donald Trump, adding that "peace is not far away".

  • UAE, Serbia deepen ties with new political agreement

    His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, and Serbia’s Foreign Minister Marko Đurić. have agreed to deepen political coordination after signing a Memorandum of Understanding (MoU) during talks in Abu Dhabi.

  • UAE strengthens child protection measures

    The UAE has introduced changes to its laws governing the care of children of unknown parentage, expanding custody options and strengthening child protection measures.