UAE Business: Inflation, cybersecurity key concerns for UAE investors – Gulf Digital News

UAE Business: Inflation, cybersecurity key concerns for UAE investors – Gulf Digital News

Inflation, cybersecurity and risk of a potential recession are key concerns for UAE investors, with as many as 45% of them holding off on big purchases and 72% concerned about the long-term impact on retirement savings, a report said.

Despite inflation concerns cash holdings saw only a small decrease since May, according to the latest quarterly Investor Sentiment survey from UBS, the world's leading global wealth manager.

When it comes to investing further in the market, 33% of investors in the UAE would increase investments if the markets decline by a further 10%. UAE business owners are concerned about rising material costs, and 44% have raised prices in the past six months, with 48% set to increase in the next half year.

Globally, optimism among high-net-worth investors dipped to early-pandemic levels on continuing concerns about the economic and market impact of inflation and the war in Ukraine, the report said.

With investor optimism waning, nearly three out of four investors are now worried about making bad investment decisions in the current environment and are holding onto cash. Despite this, they see potential investment opportunities if markets decline further, and are highly interested in energy security, smart mobility and automation/robotics as long-term investment themes.

“Investors across