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FINANCIAL NEWS
UAE’s non-oil sector grows at solid pace
11 Jul 2016
(MENAFN) The UAE non-oil sector expanded at a steady pace in June, generated by higher output and new orders.
Accordingly, output continued to increase in June, while in May the rate of expansion was marked overall.
Additionally, employment almost contributed to growth of the sector as a whole, whereas the rate of hiring was amid the weakest recorded.
On the other hand, in Saudi Arabia, the private sector maintained its growth at a steady rate in June, as emphasized by a solid improvement in business conditions.
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