(Reuters) - HSBC, which conducted the business confidence survey with polling company YouGov Siraj, said 52 percent of the respondents were planning to increase investment in their businesses in 2007 and 55 percent said they will hire more staff in the next 12 months.
HSBC's Gulf business confidence index eased to 99 from 100 in the first quarter, with Qatar, at 114, reporting the strongest growth in confidence and Kuwait, at 95, the weakest. A score greater than 100 indicates a positive shift in confidence and below 100 a negative shift.
Read more at Reuters.com Business News
HSBC's Gulf business confidence index eased to 99 from 100 in the first quarter, with Qatar, at 114, reporting the strongest growth in confidence and Kuwait, at 95, the weakest. A score greater than 100 indicates a positive shift in confidence and below 100 a negative shift.
Read more at Reuters.com Business News
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