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FINANCIAL NEWS
Dubai private sector firms recover in April
09 May 2016
(MENAFN) Dubai private sector firms posted the fastest development in whole business conditions last month, indicating a recovery in growth momentum.
Moreover, Dubai Economy reached 52.7 percent in April, up slightly from 52.5 percent in March.
In addition, the headline Emirates NBD Dubai Economy is derived from individual diffusion indices which measures changes in output, new orders and employment.
Accordingly, the improvement in the Dubai Economy last month was positive, as it reflects new orders and output growth.
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