POWER OF POSITIVE THINKING: With unemployment sky-high and the recession still raging in many parts of the world it can be easy to feel fiscally blue. New research shows the happier you are, the quicker the area you call home is likely to recover. If that is right, the Middle East and the UAE are headed in the right direction. Prominent family business groups in the region are optimistic on a rebound within next 18 months, says a Deloitte survey. Over 90 per cent of UAE businesses expect to return to pre-COVID profitability by the end of 2022, according to a recent HSBC survey. Going by these studies, it may not be just the economy that affects our moods, it might actually work the other way around, too. [COMMENT BY: Babu Das Augustine, Business Editor]
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