Economic growth in UAE bucks the market - The National:
"The UAE's strong economic growth is bucking the trend in emerging markets and private-sector business confidence in Dubai is surging, according to three key indicators published yesterday.
An HSBC index that measures output in non-oil and manufacturing businesses rose to 54.5 points last month from 54.1 the previous month. A reading above 50 signals expansion, with a score below that representing a decline.
It was the 47th month in a row of improvement, underscoring the pace of recovery in the private sector since the global economic downturn in 2009."
'via Blog this'
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