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Business conditions in the UAE’s non-oil economy showed robust improvement on the back of rising output and orders, the latest IHS Markit report said. This improvement is largely driven by the ongoing World Expo in Dubai, which the report said supported recovery in footfall and contracts. “With the Expo 2020 beginning, the UAE economy appears to be in a good shape,” David

Outlook for the year ahead improves on the back of Expo 2020, ease in travel restrictions

The IHS Markit/CIPS Purchasing Managers’ Index was 57.1 for September, down from 60.3 in August.

Surging cost of living puts the squeeze on public finances and households, reducing Chancellor's room for manoeuvre

Supply chain disruption and recent Delta outbreaks have hit activity in Asia more than in eastern Europe and Latin America. We assess the state of vaccine distribution in emerging markets.

By Kristy Dorsey

UAE non-oil private sector expands at fastest pace in two years - PMI SECTIONS Last Updated: Aug 03, 2021, 11:58 AM IST Share Synopsis The seasonally adjusted IHS Markit UAE Purchasing Managers Index (PMI), which covers manufacturing and services, rose to 54.0 from 52.2 in June, its highest reading since July 2019. Agencies Input costs for businesses rose in July on the back of delays to shipments from Asia. The United Arab Emirates non-oil private sector expanded at its fastest pace in two yea...

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Nigerian manufacturers battling stunted growth blame forex scarcity The manufacturing sector has seen woeful growth in the last five years, and a key problem is businesses cant find the dollars to import raw materials. 7 min read Defying the intensity of the afternoon sun, Kazeem Ariyo walked briskly out of the premises of his bakery with palpable anger. He had just been informed that one of his retail vendors rejected hundreds of loaves of bread supply because the retail price ...

Reuters 2 minute read People are seen in front of Burj Khalifa, the world tallest building, in Dubai, United Arab Emirates March 12, 2020. REUTERS/Satish Kumar DUBAI, July 5 (Reuters) - The United Arab Emirates non-oil private sector expanded for a seventh consecutive month in June, though at a pace slightly lower than in May as coronavirus measures continued to hamper business activity, a business survey showed. The seasonally adjusted IHS Markit UAE Purchasing Managers Index (PMI), which co...