Studies and reports

New research* from Old Mutual International and Quilter Cheviot Investment Management has revealed that increasing numbers of UAE based investors are concerned about the impact of a slowing economy on their investments.

Confidence remains broadly high among the executives interviewed for the latest edition of the Business Barometer: UAE CEO Survey, carried out by Oxford Business Group (OBG), even though they face considerable challenges caused by growing global economic and political uncertainty.

Non-oil private sector growth in Dubai eased in December. Although total activity continued to rise at a strong overall pace, new business increased at the second-slowest rate in over two years and employment remained broadly unchanged. Inflationary pressures remained weak as input costs rose modestly and firms continued to cut their charges.

Key findings:

December Economy Tracker rounds off softest quarter since Q1 2016

All three key sectors record slower expansions in December

Weak inflationary pressures at end of 2018

Global markets continued the positive momentum during the week as investors focused on upbeat economic data and US Fed seems to be in no rush to tighten monetary policy. However the markets ignored the US shutdown, which seems to be without any resolution for now.