Infographic: UAE SMEs Expect A Subdued 2015 To Make Way For A "Cautiously Optimistic" 2016

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

Written By

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.