Skip to content
19 June، 2025
  • Twitter
  • Instagram
  • Facebook
  • LinkedIn
  • Pinteres
  • YouTube
  • tumblr
UAE DIGITAL NEWS

UAE DIGITAL NEWS

Emirates News from Dubai Global News

Primary Menu
  • Home
  • Tourism and Hotels
    • latest offer
    • Hotels and restaurants
      • International hotels and resorts
        • International hotels
        • international resorts
      • Local hotels and resorts
        • local hotels
        • local resorts
      • Restaurants
        • International restaurants
        • Local restaurants
    • travel and tourism
      • Tourism and travel news
      • Tourist destinations
        • local tourist destinations
        • International tourist destinations
  • Women and family
    • Fashion and accessories
      • Fashion
      • Accessories
    • Health and Beauty
      • family health
      • child health
      • Beauty
      • SPA
  • Various Arab news
    • Education
    • Government
    • Economy
    • Sports
    • Locals
  • Cars and electronics
    • AutoGear
    • Technology and electronics
      • Miscellaneous electronics
      • Mobiles
      • Watches
  • Community
    • community news
    • Exhibitions and conferences
      • conferences
      • Exhibitions
      • events
      • Festivals
      • Seminars
    • the biography
    • celebrities
    • Entertainment
    • night clubs
  • Culture and art
    • Art and literature
      • Arts
      • literature
      • Cinema and theater
    • Dialogues and meetings
  • Pictures and videos
  • Miscellaneous news
  • العربية
  • WAM
    • Economy
    • Sport
    • Culture
    • Latest news
    • Science and technology
    • Emirates News
    • World
Live
  • community news

DA’s February Report Says Concerns Around Taxation were Short-Lived as UAE Consumer Confidence Remains Net Positive

UAEDN 26 March، 2022

Dubai, United Arab Emirates

  • Consumer confidence in the UAE dipped to 70.9% in February, however, it is expected to rebound quickly because of long-term consumer optimism surrounding the country’s economy
  • Short-term negativity during February, a result of the private company income tax announcement, was quickly replaced as the news cycle moved on with early indicators predicting a return to growth
  • The GCC rebounded well to see net consumer confidence increase 0.7% in February to 58.1%
  • The February report, produced and developed by D/A, utilises AI technology to measure consumer confidence amongst over 100 million Arabic data-points in the GCC

The latest research by leading consumer intelligence company, D/A, has revealed the UAE witnessed a 3.1 percent decline in consumer confidence in February, down to 70.9 percent. However, the decline is expected to be short-term as early indicators point to a return to growth as sentiment across the economy, business, and employment improve.The decline in UAE consumer confidence, the first time since January 2021, appears to have been driven by the news surrounding private company income tax. Both business and the economy witnessed a decrease of 2.1 percent and 8.5 percent, respectively, the latter denoting the most significant reduction since the onset of the pandemic. ثقة المستهلك في دولة الإمارات ماتزال إيجابية رغم المخاوف المتعلقة بالضرائب القصيرة الأجل، وفقاً لتقرير شركة دي/ إيه

Paul Kelly, Manager Partner D/A, said, “After a substantial period of sentiment increase, there has been a short decline on the back of macroeconomic policy reform in February. However, February’s reading of 70.9% remains well into net positivity territory for the overall index.“

“After assessing the daily data, we can deduce the decline in confidence was an example of short-lived negativity moving out of a typical news cycle. When the private company income tax news broke, there was a large spike in negativity, but this was quickly replaced as the news agenda moved on.”

From an employment sentiment perspective, for the first time since November 2021, this measurement witnessed an uptick in growth of 1.7 percent, reflecting consumers’ long-term optimism about the UAE economy.

“Early indications for March show a return to growth as sentiment improves, despite concerns surrounding higher oil prices and inflation,” added Kelly.

From a GCC perspective, overall, the region rebounded well to see net consumer confidence increase 0.7 percent in February to 58.1 percent from January’s 57.4 percent. Business confidence has rebounded strongly and is up 1.3 percent as concerns about regional politics, global economies, and socio-political conflicts subside. Employment sentiment recorded a month-on-month increase of 2.9 percent, continuing the positive theme.

Economically, a marginal decline of 0.5 percent in February to 60.4 percent was witnessed in the GCC, driven mainly by the significant increase in living costs associated with high oil prices and global supply constrictions.

“The GCC certainly appears to have snapped back from January’s declines, predominantly led by sentiment towards business and employment. It is worth noting that economic consumer confidence across most GCC countries registered positive sentiment. However, the contraction in confidence in the UAE has led to the decline,” concluded Kelly.

Sila, developed by D/A, is an Arabic-language AI tool created to gain insight and create strategies that drive brand growth across MENA and beyond. As the regional expert in Arabic consumer intelligence, D/A combines the speed and depth of their unique technology with expert strategy and analyst teams that bring human value to big data.

D/A uses natural language processing models in 21 Arabic dialects to understand sentiment and emotion without translating content first. This enables high accuracy and even more insight than currently available in the region

Continue Reading

Previous: London’s “Cinderella” Locations Piquing the Interest of Middle East Real Estate Investors, says UK Property Developer
Next: REDTAG Welcomes Ramadan with Festive Fashion and Homeware Collections, Adds Grandeur to Festivities and Iftar Gatherings

Related Stories

ربدان غيتس”… مشروع سكني جديد يدمج بين الطبيعة، التصميم المعماري العصري، والموقع الاستراتيجي في قلب دبي
  • community news

Rabdan Developments Accelerates Growth with the Launch of “Rabdan Gates”

UAE Digital News 19 June، 2025
اليونسكو تضمّ مؤسسة حمدان بن راشد آل مكتوم الى اللجنة العليا المشرفة على الدراسة العالمية حول واقع المعلمين
  • community news

UNESCO Appoints Hamdan Bin Rashid Al Maktoum Foundation to High-Level Committee Overseeing Global Teacher Study

UAE Digital News 18 June، 2025
بلجيان كافيه في “كراون بلازا دبي فيستيفال سيتي” يعيد أجواء كرة القدم الحماسية
  • community news

Belgian Café at Crowne Plaza Dubai Festival City Brings Back the Ultimate Match Day Experience

UAE Digital News 18 June، 2025

AutoGare

Largest Edition of Automechanika Riyadh Underscores the Middle East’s Position أكبر دورة من معرض أوتوميكانيكا الرياض تؤكد مكانة الشرق الأوسط كمركز عالمي للمركبات
  • Miscellaneous news

Largest Edition of Automechanika Riyadh Underscores the Middle East’s Position

NewsVoir 29 May، 2025
as a Global Automotive Hub Riyadh, United Arab Emirates Automechanika Riyadh 2025, Saudi Arabia’s leading trade show...
Read More Read more about Largest Edition of Automechanika Riyadh Underscores the Middle East’s Position
Ali & Sons Concludes Successful Participation at Make it in the Emirates 2025 Amid Strong Industry Engagement “علي وأولاده” تختتم مشاركة ناجحة في «اصنع في الإمارات 2025» وسط إقبال واسع
  • AutoGear

Ali & Sons Concludes Successful Participation at Make it in the Emirates 2025 Amid Strong Industry Engagement

UAE Digital News 27 May، 2025
Abu Dhabi, UAE – 23 May 2025: Ali & Sons Group, one of the UAE’s most respected...
Read More Read more about Ali & Sons Concludes Successful Participation at Make it in the Emirates 2025 Amid Strong Industry Engagement
Elite Group Holding Expands Automotive Portfolio with Launch of ART Elite Car Rental مجموعة إيليت توسّع محفظتها في قطاع السيارات بإطلاق “آرت إيليت لتأجير السيارات”
  • AutoGear

Elite Group Holding Expands Automotive Portfolio with Launch of ART Elite Car Rental

UAE Digital News 22 May، 2025
The new subsidiary introduces flexible, all-inclusive leasing solutions featuring a diverse range of Soueast and Jetour vehicles...
Read More Read more about Elite Group Holding Expands Automotive Portfolio with Launch of ART Elite Car Rental
ROX Motor Launches “Empowered By Nature, Expanding Globally” Vision at MIITE 2025, Accelerating Localised Innovation and Industrial Collaboration in the UAE روكس موتور” تطلق رؤيته “بقوة الطبيعة، إلى العالم” في معرض “اصنع في الإمارات 2025” وتعلن عن شراكات استراتيجية في الدولة
  • AutoGear

ROX Motor Launches “Empowered By Nature, Expanding Globally” Vision at MIITE 2025, Accelerating Localised Innovation and Industrial Collaboration in the UAE

UAE Digital News 22 May، 2025
ABU DHABI, UAE, May 20, 2025 – ROX Motor, an international luxury new energy vehicle brand committed...
Read More Read more about ROX Motor Launches “Empowered By Nature, Expanding Globally” Vision at MIITE 2025, Accelerating Localised Innovation and Industrial Collaboration in the UAE
ROX Motor Surpasses 10,000 Global Deliveries ROX Motor Surpasses 10,000 Global Deliveries
  • AutoGear

ROX Motor Surpasses 10,000 Global Deliveries

UAE Digital News 17 May، 2025
with UAE Sales Exceeding 2,000 as Market Demand Strengthens in the Middle East Abu Dhabi, UAE –...
Read More Read more about ROX Motor Surpasses 10,000 Global Deliveries
مؤسسة كأس العالم للرياضات الإلكترونية تعلن عن تعاون استراتيجي مع أمازون لتقديم تجربة ترفيه الرياضات الإلكترونية إلى عامة الجمهور 

Esports World Cup Foundation and Amazon Announce Strategic Collaboration to Bring Esports Entertainment to Mainstream Audiences 

منتجع مازاغان يدعو الضيوف لتجربة رمضانية ساحرة

Mazagan Beach & Golf Resort Invites Guests to an Enchanting Ramadan Experience

“كيرنو” تستعرض حلول الحوسبة المتقدمة بالذكاء الاصطناعي في معرض “عالم الذكاء الأصطناعي 2025” في الإمارات

Kerno to Showcase Advanced AI Computing Solutions at AI Everything 2025 in UAE

دبي تستضيف النسخة الثانية من معرض اليابان كيوتو التجاري  

Dubai set to host 2nd edition of Japan Kyoto Trade Exhibition in February      2025

تعيد خدمة “تصميم وتطوير” من دانوب هوم تعريف مشهد التصميم الداخلي

Danube Home’s Design n Develop redefines the UAE’s interior design landscape with customised solutions

You may have missed

ربدان غيتس”… مشروع سكني جديد يدمج بين الطبيعة، التصميم المعماري العصري، والموقع الاستراتيجي في قلب دبي
  • community news

Rabdan Developments Accelerates Growth with the Launch of “Rabdan Gates”

UAE Digital News 19 June، 2025
جراند ميلينيوم مسقط يُمكّن الأطفال من التخرّج في عالم الضيافة عبر مخيم صيفي مبتكر
  • Miscellaneous news

Kids Can ‘Graduate’ from Hospitality This Summer at Grand Millennium Muscat’s First-Ever Turtle Camp

UAE Digital News 19 June، 2025
Roll With It: Dip Dash Hosts Vegetarian & Vegan Sushi-Making Workshop
  • Local restaurants

Roll With It: Dip Dash Hosts Vegetarian & Vegan Sushi-Making Workshop

UAE Digital News 19 June، 2025
فندق الجداف روتانا سويت الجداف… مجتمع أعمال ونمط حياة
  • Local restaurants

Al Jaddaf Rotana Suite Hotel , a premier business and lifestyle community

UAE Digital News 18 June، 2025

Our Sites

(you can change from En <-> Ar from the menu)
https://www.arabiantravelsnews.com
https://www.uaedigitalnews.com
https://www.dgngate.com
https://www.dubaihospitalitynews.com
https://www.dubainewstyle.com
https://www.dubaiglobalnews.com
https://www.dubaiiconiclady.com
https://www.saudimedianews.com
https://www.dubaitechnologynews.com
https://www.saudidigitalnews.com
https://www.alriyadhdailynews.com
https://www.emiratesautonews.com
https://www.dgntv.net

  • Contact Us
  • privacy policy
  • Cookie Policy
  • Twitter
  • Instagram
  • Facebook
  • LinkedIn
  • Pinteres
  • YouTube
  • tumblr
Copyright © All rights reserved. | MoreNews by AF themes.