Dubai’s non-oil private sector economy continues to recover as Covid restrictions ease

SourceThe National
CountryUAE Top Picks

September PMI data marks modest but consistent improvement over the third quarter Dubai's non-oil private sector economy improved in September. Getty Images  Oct 11, 2020 October 11, 2020 Dubai’s non-oil private sector economy continued to improve in September as activity and new business rose at faster rates than the previous month with demand rebounding from the effects of the pandemic-induced slowdown. The seasonally adjusted IHS Markit Purchasing Managers' Index reading climbed further above the neutral 50 mark for a third month running to 51.5 from 50.9 in August. A reading above indicates an expansion, one below more...