FINANCIAL NEWS

UAE Q3 non-oil sector keeps growing base

04 Aug 2015

(MENAFN) An official report show that Business conditions in the UAE’s non-oil private sector continued to improve in last July.

Non-oil private sector employment in the UAE keeps on increasing in Jul, marking a 43-month period of job-creation in the country.

Improving from June’s 22-month low of 54.7 percent to 55.8 percent, the Emirates NBD UAE Purchasing Managers’ Index (PMI), was consistent with a robust improvement in July.

Output and new orders both rose at sharper rates, contributing to a robust overall improvement in business conditions.

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