Non-oil private sector gains momentum in the UAE

A new report states the growth of the UAE’s non-oil private sector gained momentum in February. This comes after it slowed in four of the previous five months. The overall improvement in business conditions was helped by expansions in output, new orders and employment, according to the latest Emirates NBD UAE Purchasing Managers' Index. Respondents also said increased workloads and new project start-ups have led to faster job growth.

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