Wednesday 3 August 2016

UAE business conditions improve as job hiring picks up | GulfNews.com

UAE business conditions improve as job hiring picks up | GulfNews.com:

"Business conditions in the UAE seem to have improved, with the growth of the non-oil private sector accelerating to a ten-month high, partly buoyed by a slight uptick in hiring activity in certain industries, according to the latest data.

The Emirates NBD Purchasing Managers’ Index for July, a benchmark for the operating conditions in the non-oil private sector, indicated that some companies are still hiring new employees.

The bank said the pace of hiring "quickened to a 14-month high," contrasting with the trend over the second quarter, when employment was either stagnant or barely rising."



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