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Thursday, 9 February 2017

Dubai non-oil growth fastest since 2015 | GulfNews.com

Dubai non-oil growth fastest since 2015 | GulfNews.com:

"Dubai’s non-oil private sector economic activity signalled strong growth in January according to the Emirates NBD Dubai Economy Tracker Index (DET).
January data showed the DET rose to 57.1 from 55.9 in December, the highest reading since February 2015. Business activity expanded at a faster pace across the whole of Dubai while new work growth was the fastest since March 2015.
“As we have noted throughout 2016, the strong rise in activity and new orders volumes were driven partly by competitive pricing and promotional activity, and this appeared to be the case again in January,” said Khatija Haque, Head of Mena Research at Emirates NBD."



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