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Logistics Managers' Index Reaches All-Time Low for Fourth Straight Month - Vimarsana News

Logistics Managers' Index Reaches All-Time Low for Fourth Straight Month

Inventory levels in the logistics industry, which recorded a score of 42.9 during June 2023, are contracting at the second-fastest rate in LMI history.

Growth in UAE's non-oil sector accelerates in June-PMI - Vimarsana News

Growth in UAE's non-oil sector accelerates in June-PMI

Business activity in the United Arab Emirates' non-oil sector expanded in June as new orders rose at the fastest pace in four years, according to a survey published on Wednesday.

Stronger customer demand fuels growth in UAE's non-oil sector - Vimarsana News

Stronger customer demand fuels growth in UAE's non-oil sector

Similar trend witnessed in Saudi Arabia where tourism and construction bolstered the economy

Most Gulf market gain in early trade; Dubai eases - Vimarsana News

Most Gulf market gain in early trade; Dubai eases

Most major stock markets in the Gulf edged higher on Wednesday, although the gains were limited as investors await the minutes of the U.S. Federal Reserve's latest meeting for clues on the rate outlook.

Jobs in UAE: Private sector hiring grows for 14th consecutive month - Vimarsana News

Jobs in UAE: Private sector hiring grows for 14th consecutive month

Country's population has increased in last couple of years, driven by increased employment opportunities in recovery phase of economy after pandemic