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#UAE non-oil private sector keeps growing in April - PMI | Reuters

UAE non-oil private sector keeps growing in April - PMI | Reuters Business conditions in the United Arab Emirates non-oil private sector continued to improve in April, with new business growth reaching a 20-month high, a survey showed on Tuesday, as the Gulf state's economy recovers from the COVID-19 pandemic.The seasonally adjusted IHS Markit UAE Purchasing Managers' Index (PMI), which covers manufacturing and services, edged up to 52.7 in April from 52.6 in March.This was its highest level s...
Tags: Travel, United Arab Emirates, Uae, Gulf, Reuters, David Owen, Reuters Business, Rupert Neil Bumfrey, IHS Markit, COVID


#Saudi non-oil business activity hits three-month high in April - PMI | Reuters

Saudi non-oil business activity hits three-month high in April - PMI | Reuters Business activity in Saudi Arabia's non-oil private sector hit a three-month high in April and employment grew for the first time in five months, a survey showed on Tuesday, as the kingdom shows signs of recovering from the coronavirus pandemic.The seasonally adjusted IHS Markit Saudi Arabia Purchasing Managers' Index (PMI) rose to 55.2 in April from 53.3 in March, remaining above the 50 mark that separates expansio...
Tags: Travel, Saudi Arabia, Reuters, IHS, Reuters Business, Rupert Neil Bumfrey, IHS Markit, COVID, David Owen Economist



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