UAE business growth slows in April as employment stagnates | The National:
"The expansion of business activity in the UAE’s non-oil private sector slowed in April as jobs growth halted, a corporate survey found yesterday.
The seasonally adjusted Emirates NBD UAE Purchasing Managers’ Index, which covers manufacturing and services, dropped to 52.8 points last month from 54.5 points in March. A level above 50 means business is expanding.
The index for employment fell to 50 points, its lowest level since December 2011, from 51.5 points in March."
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