2 Days
Source:
Sky News
UAE non-oil private sector grows in September
In September, the UAE's non-oil private sector experienced strong growth, with an acceleration in new business formation and improved customer demand, reaching the highest level in seven months. A survey of purchasing managers indicated that the Standard & Poor's Global PMI remained steady at 55.3 points, signifying ongoing expansion. Additionally, new exports increased for consecutive months at a rapid pace, while selling prices and input costs rose significantly. Employment saw a modest increase after a decline in August.
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