(Source: Middle East Company News)

Businesses in the Gulf have been hard hit, as those in other
regions, by the economic downturn. However, they are less negatively
affected than others by changes in consumer demand and global
commodity prices, the ICAEW Global Enterprise Survey revealed.
Businesses across the world, and especially in the Gulf, are
increasingly positive towards further globalisation and are
developing their globalisation strategies.
About the company:1. As a world leading professional accountancy
body, the Institute of Chartered Accountants in England and Wales
(ICAEW) provides leadership and practical support to over 132,000
members in more than 160 countries, working with Government,
regulators and industry in order to ensure the highest standards are
maintained.Our members provide financial knowledge and guidance
based on the highest technical and ethical standards. They are
trained to challenge people and organisations to think and act
differently, to provide clarity and rigour, and so help create and
sustain prosperity. The ICAEW ensures these skills are constantly
developed, recognised and valued.Because of us, people can do
business with confidence.2. The ICAEW is a founding member of the
Global Accounting Alliance with over 775,000 members worldwide.3.
The 2009 Enterprise Survey comprised 1,543 telephone interviews
among ICAEW members working within business. 1,000 interviews were
conducted in the UK (England, Wales and Scotland), with data
weighted by company size, industry sector and region so as to
represent the profile of UK businesses by value in the economy
(Gross Value Added).In other regions, interviews were conducted with
a random sample of members working within business: 101 in the rest
of the EU, 100 in the US, 280 in Asia and 62 in the Gulf. Interviews
in the rest of the EU covered a broad spread of EU countries:
Belgium, Cyprus, Czech Republic, France, Germany, Greece, Hungary,
Ireland, Italy, Luxembourg, Malta, the Netherlands, Poland,
Portugal, Spain and Sweden.Interviews took place between 27 May and
3 July 2009.For further information, pleasec contact:Preeti Chhatbar
Hill & Knowlton, Tel +9714 33 44 930
(c) 2009 Middle East Company News. Provided by ProQuest LLC. All rights Reserved.
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