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.
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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.
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.
Similar trend witnessed in Saudi Arabia where tourism and construction bolstered the economy
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.
Country's population has increased in last couple of years, driven by increased employment opportunities in recovery phase of economy after pandemic