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FINANCIAL NEWS
Dubai’s private sector firms continue robust growth
12 Oct 2015
(MENAFN) Data showed that Dubai’s private sector firms continued to experience robust growth in September and the construction sector posted the strongest rise in business activity.
Last month, data signaled a sustained upturn in output levels within Dubai’s private sector economy, helped by growth across all three key sub-categories of activity monitored by the survey.
Overall rates of business activity and new orders growth were softer than those seen on average through the first half of 2015.
As a result, private sector companies were more cautious in terms of their staff hiring in September, with the latest expansion of employment numbers the slowest for three-and-a-half years.
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