Investor confidence rises in GCC

22 April 2010

Dubai-based Shuaa Capital has said that its investor confidence index across the GCC rose by 15.2 points, due largely to a sharply positive change in investor sentiment towards the UAE. 'The increase in investor confidence towards the UAE clearly indicates that the cloud of uncertainty hanging over the investment community has now been removed. The outcome of Dubai World's restructuring proposal has had a very positive impact on the investment community, both regionally and internationally,' Sameer Al Ansari, CEO of Shuaa Capital, was quoted as saying by Reuters.

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