UAE firms outpacing global peers in trade confidence

Businesses across the UAE are projecting some of the strongest trade confidence worldwide, outpacing global peers as they navigate tariff shifts and expand cross-border partnerships, according to HSBC’s latest Global Trade Pulse Survey.

- Issac John

Containers at Jebel Ali port. The survey shows that 68 per cent of UAE companies reported positive revenue impacts from trade and tariff policies over the past six months. — FILE PHOTO

(FILE PHOTO)

The findings reflect a business ecosystem that has become one of the most vibrant, resilient and opportunity-rich in the world.

The survey shows that 68 per cent of UAE companies reported positive revenue impacts from trade and tariff policies over the past six months — well above the global average of 56 per cent. Only 15 per cent reported negative impacts, compared with 26 per cent globally. Meanwhile, 70 per cent of respondents said they now have greater clarity about how trade policies affect them, surpassing the global average of 66 per cent.