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FinancialNews


  • 30-04-10

    Survey: Saudi, Qatar to see full recovery this year

    (MENAFN) A global survey, which included 15,000 respondents, said that worldwide economic growth is progressing steadily, but full recovery will not be under way until December. The bi-annual Regus BusinessTracker survey said that Saudi Arabia and Qatar, in particular, may see full growth within the first half this year; while, in Bahrain the full momentum of recovery is not expected until the first half of 2011. In Saudi Arabia , 61 percent of businesses experienced some hike in revenues in the past year. As a result of this positive year, 78 percent firms expect their revenues to grow in the coming year. In Qatar , 56 percent of businesses experienced a hike in revenues in the past year. As a result of this positive year, 89 percent companies expect their revenues to gorw in the coming year, according to the survey.

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