Get All Access for $5/mo

Infographic: UAE SMEs Expect A Subdued 2015 To Make Way For A "Cautiously Optimistic" 2016 According to the survey, in 2015, small businesses felt considerable heat in aspects like growth outlook, revenue prospects and fund-raising.

By Sindhu Hariharan

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Going by the findings of the SME Sentiment Survey recently released by Gulf Finance, it looks like SMEs in the UAE were equally impacted by the economic downturn that plagued their larger corporate counterparts in 2015. According to the survey, which covered the fourth quarter of 2015, small businesses felt considerable heat in aspects like growth outlook, revenue prospects and fund-raising in the period. However, the report talks of a "cautious optimism' among SMEs for 2016, which is expected to grow stronger during the year—check out the infographic below for all of the stats from the survey.

Image credit: Gulf Finance.
Sindhu Hariharan

Former Features Editor, Entrepreneur Middle East

Sindhu Hariharan is the Features Editor at Entrepreneur Middle East.  She is a financial consultant turned business journalist with a FOMO when it comes to everything technology.

Thought Leaders

How Success Happened for WebMD and Sharecare Founder Jeff Arnold

Jeff Arnold found success starting WebMD and, most recently, Sharecare.

Money & Finance

25 Quotes About Making Money and Keeping Perspective

Success, happiness and money are intertwined but seldom interchangeable.

Productivity

Sleep In and Make Millions: Why You Don't Need to Wake Up at 5 A.M.

Sleep-loving millionaires share the secrets to their success.

Business News

Gamers Spent 16.7 Billion Hours on Roblox in Just 3 Months. Here's What Roblox Is and Why Your Kids Won't Stop Playing It

The game has 77.7 million daily active users and about 60% are under 16 years old.

Branding

ChatGPT is Becoming More Human-Like. Here's How The Tool is Getting Smarter at Replicating Your Voice, Brand and Personality.

AI can be instrumental in building your brand and boosting awareness, but the right approach is critical. A custom GPT delivers tailored collateral based on your ethos, personality and unique positioning factors.

News and Trends

UAE-Based Shorooq Partners Makes First Investment In Türkiye By Leading A US$5 Million Seed Round In Traveltech Startup Roamless

Mahmoud Adi, Founding Partner of Shorooq Partners, said in a statement that Roamless is "a company poised to disrupt the traveltech industry."