FINANCIAL NEWS

Non-oil private sector in Dubai keeps robust growth in July

09 Aug 2017

(MENAFN) Dubai’s non-oil private sector maintained robust increase momentum last month, posting gains in whole business conditions with wholesale and retail.

Furthermore, the wholesale & retail industry index was 57.9 once again the best performing category, trailed by travel & tourism at 56.3 and the construction sector at 54.8.

However, the non-oil private sector economy is falling; above 50.0, that it is generally expanding.

Meanwhile, the positive whole trend for business conditions was helped by a sharp rise in output, despite growth easing to slower pace.

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MENAFN0908201700450000ID1095709987

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