Ending Soon! Save 33% on All Access

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.

Business Ideas

87 Service Business Ideas to Start Today

Get started in this growing industry, with options that range from IT consulting to childcare.

Social Media

Seven Steps For Maximizing Your Personal Brand

While even the most committed owners may focus solely on their business profiles, do not be deceived: there is untapped gold in your personal brand.

Entrepreneurs

Get Set For The Third Edition Of Red Sea Foodtech Connect Taking Place In Riyadh On June 11, 2024, Under The Theme "Meet The Big"

Key stakeholders across Saudi Arabia's public and private foodtech sectors are expected to be brought together at Red Sea Foodtech Connect 2024.

Marketing

5 Types of Digital Content That Attract Warm, Ready-to-Buy Prospects (No Matter the Industry)

Learn about five types of content that will transform your warm audiences into customers!

News and Trends

UAE-Based Param Labs Secures US$7 Million In A Funding Round Led By Animoca Brands, With Support From Delphi Ventures, Mechanism Capital, And Others

Strategic investments were made by Animoca Brands co-founder Yat Siu and FaZe Clan co-founder Richard "FaZe Banks" Bengtson as well.

Entrepreneurs

Forty Years And Counting: Servcorp's Long-Serving CEO Alfred George Moufarrige

How Australia-born Lebanese Alfred George Moufarrige invented the concept of serviced offices.