Monday 11 January 2016

Dubai private sector growth falls to five-and-a-half year low | The National

Dubai private sector growth falls to five-and-a-half year low | The National:

"Dubai’s private sector recorded its weakest growth in five-and-a-half years last month amid the strong US dollar and regional and global economic uncertainty.

The Emirates NBD Dubai Economy Tracker Index posted at 51.8 in December, down from 53.4 in November. A score higher than 50 marks expansion.

The reading was the lowest since July 2010, as slower increases in business activity, new orders and employment all weighed on the index."



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