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Sunday, 11 June 2017

Dubai private sector grows at slowest rate in seven months but still robust | The National

Dubai private sector grows at slowest rate in seven months but still robust | The National:

"Business conditions in Dubai registered their slowest improvement in seven months, even as key sectors including construction remain in a healthy state in the run up to Expo 2020.

Emirates NBD’s Economy Tracker Index, which tracks business confidence across the non-oil economy, dropped to 55.0 for the month of May, down from a two-year high in April.

A reading above 50 suggests the non-oil economy is growing, while a reading below 50 suggests that it is contracting."



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