How optimistic are UAE investors in their economy?

123RF

Investors in the UAE are among the world's most optimistic when it comes to their local economy.

That’s according to a survey by the Swiss Bank UBS, which found that over 80 per cent of wealthy individuals and business owners in the Emirates are upbeat about the economy and regional stocks.

However, they seem reluctant to put money in the market, with the majority of them holding a good chunk of their assets in cash.

The study also found cybersecurity to be one of the top concerns for UAE investors.

Meanwhile, the US-China trade war and local politics were some of the major concerns for global respondents.

The quarterly Investor Sentiment survey polled more than 3,800 wealthy investors and entrepreneurs in 17 countries.

More from Business

Coming Up on Dubai Eye

  • Nights on Dubai Eye 103.8

    12:00am - 7:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.

  • The Business Breakfast

    7:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

On Dubai Eye

  • Tony Robbins Live in Dubai

    Najahi Events presents the highly anticipated Tony Robbins Event, Achieve the Unimaginable with Celebrity Guest Appearances, Live at the Coca Cola Arena, 3rd September.

  • The Business Breakfast Podcast

    Hear the highlights and the best interviews from The Business Breakfast with Malcolm, Brandy & Richard.