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FINANCIAL NEWS
UAE’s non-oil private sector grows strongly in July
06 Aug 2014
(MENAFN) The UAE non-oil producing private sector continued to see strong growth in output after signing orders in the emirates and new export orders last month, according to the Emirates 24/7.
The purchasing manager’s index (PMI) in the UAE, a benchmark indicator of the country’s economic health, continues to show significant strong growth.
Generally, growth across the indices remained marked despite slight decrease compared to a month earlier. In addition, job creation, purchasing activity and stocks continued to expand at solid rates.
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