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Business Optimism Indexes are commonly used to better identify and understand the growth expectations of the business community and its response to current developments within an economy. Over time business optimism indexes develop into leading indicators of economic activity, and thus assist the business and investment community, and also policy makers, in short-term economic analysis and strategic planning.
Abdulaziz N. Al-Marzooq, General Manager of MIC, comments:
"At MIC, research is at the core of our business and plays a fundamental role in the value we deliver to our clients. The Kuwaiti economy continues to grow and attract interest from investors and business observers, and with it grows the demand for research. By tracking and measuring the business community's expectations, we believe that the Business Optimism Index for Kuwait is set to become a key reference in assisting both businesses and policy makers in anticipating developments and thus facilitate strategic decision-making and business planning."
Rajesh Mirchandani, CEO of D&B South Asia Middle East added: "Developing and maintaining investor interest is influenced to a large degree by the availability of frequently updated economic information. The D&B Business Optimism Index has been designed to serve this requirement; capturing the sentiment of the business community about Kuwait's economic prospects and making it available on a quarterly basis."
Commenting on the partnership with MIC, Rajesh Mirchandani adds "We at D&B believe strongly in drawing from local partnerships to add value to our insight and analysis on the economy. We are pleased to have MIC on board for this initiative. We feel that our combined strength will add significant value to the Business Optimism Index on Kuwait, and thus to the business community as a whole."
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Posted by Nadeen El Ajou
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