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Dubai s business conditions at one and half year high, edging closer to pre-Covid level

Dubai s business conditions at one and half year high, edging closer to pre-Covid level
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Dubai Private Sector Growth Improves In April

Dubai Private Sector Growth Improves In April Dubai’s non-oil private sector grew at a faster pace in April, data published by IHS Markit showed on Monday. The headline IHS Markit Dubai Purchasing Managers’ Index rose to 53.5 in April from 51.0 in March. A score above 50 indicates expansion in the sector. The reading was also the highest recorded since November 2019, suggesting the economy is moving closer to its pre-COVID growth trajectory. New orders rose at the quickest pace in a year-and-a-half period. The upturn was helped by strengthening business optimism about the coming year as the impact of the COVID-19 pandemic is expected to recede.

Dubai records strongest demand growth in 18 months

Dubai records strongest demand growth in 18 months issacjohn@khaleejtimes.com Filed on May 10, 2021 | Last updated on May 10, 2021 at 11.36 pm The recovery in the Dubai non-oil economy sped up in April, as output and new order growth returned to pre-Covid trends and business confidence strengthened to the highest in over a year. Wam A purchasing managers’ survey revealed that during April, Dubai’s non-oil private sector showed a speedier rebound as business conditions were strengthened by marked increases in output and new business. Dubai s private sector is witnessing the strongest demand growth in 18 months on the back of a faster overall recovery and higher business confidence facilitated by effective Covid-19 vaccine rollout.

Dubai economy recovery continues; March saw sharpest rise in prices - PMI

Dubai economy recovery continues; March saw sharpest rise in prices - PMI
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