UAE's non-oil sector recovers in November


(MENAFN) The UAE's non-oil sector regained growth momentum in Nov, reversing the slowing trend viewed in each of the prior three months.

Meanwhile, stronger demand also contributed to a faster job creation and an increase in purchasing activity.

On the other hand, output also increased sharply, albeit at a weaker pace than in October, while charges continued to fall in spite of higher purchasing costs.

In addition, jobs growth accelerated to a four-month high, with a number of businesses requiring additional manpower in order to cater for new projects.


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