Members of the Entrepreneurs Organisation (EO) Qatar chapter with its president Mohamed Jaidah.
The latest survey results from Entrepreneurs Organisation’s (EO) Global Entrepreneur Indicator research project reveal that EO Qatar’s performance last year posted “substantially more growth” and at the same time predicted “sturdy growth” in 2014.
EO Qatar chapter president Mohamed Jaidah said: “the latest results from the Global Entrepreneur Indicator research project revealed that EO Qatar stands strong with substantially more growth than the EO global results and has a sturdy predicted growth for 2014.”
The survey added that in the past six months, more than 60% of EO Qatar members have hired more full-time employees and maintained a 0% decrease compared to the 55.43% posted by other EO global chapters. It added that 66.67% of EO Qatar members increased their net profit while 33.33% “stayed the same” with zero companies losing any net profit.
In the next six months, the survey said all EO Qatar members, or 100%, predicted a rise in net profits compared with global figures.
“EO Qatar Chapter is proud to share the successes of our members, who have demonstrated their commitment to developing the SME and entrepreneurial sector in Qatar with statistical increases in net profit, full time and part time employees, and revenue, as well as up to 100% growth predicted for the coming six months,” Jaidah said.
He added that the survey “confirms that we are progressing in the right direction by highlighting EO Qatar’s commitment to strengthening and supporting our economy.”
Entrepreneurs Organisation is a network of more than 9,500 business owners in 40 countries. The research project, conducted in March 2014, is a biannual survey of business owners worldwide that focuses on performance-related metrics such as jobs, profits, and debt loads, as well as business climate, which includes access to capital and predictions about the economy.
