Small businesses in MENA optimistic about recovery post COVID-19 – ZAWYA

Small businesses in MENA optimistic about recovery post COVID-19 – ZAWYA

Small businesses in MENA optimistic about recovery post COVID-19 | ZAWYA MENA Edition HomeBusinessArticleSmall businesses in MENA optimistic about recovery post COVID-19 81% of SMBs in the UAE reported that their sales are lower this year    Businessman Using Laptop On Desk In Office. Image used for illustrative purpose.The majority of Small and Medium Businesses (SMBs) in the MENA region are optimistic about their business activities post COVID-19, a recent study showed.The Global State of Small Business survey, published by Facebook in partnership with the World Bank and the Organisation for Economic Co-operation and Development (OECD), showed that 61 percent of SMBs in the UAE feel optimistic about the future of their business, compared to 59 percent in Saudi Arabia and 52 percent in Egypt.The report is based on data from surveying more than 30,000 small businesses across more than 50 countries.The Global State of Small Business survey, published by Facebook in partnership with the World Bank and the Organisation for Economic Co-operation and Development (OECD), showed that 61 percent of SMBs in the UAE feel optimistic about the future of their business, compared to 59 percent in Saudi Arabia and 52 percent in Egypt.The majority of Small and Medium