Tag Archives: nonoil

UAE non-oil growth to surge to 3.7% in 2018

A pickup in the pace of preparations, especially in the tourism and construction sectors, for Expo 2020 Dubai will support UAE’s non-oil growth from 3.3 per cent in 2017 to 3.7 per cent next year, said NBK in its latest ...

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Saudi non-oil revenues up 80% as reforms pay off

LONDON: Saudi Arabia’s economic reform plans are paying off, with an 80 percent hike in the country’s non-oil revenues in the third quarter of 2017, figures published Sunday show.The Kingdom, hit hard by the crash in energy prices from mid-2014, ...

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Saudi Arabia’s non-oil private sector little changed in October – PMI

Related Articles DUBAI: Saudi Arabia’s non-oil private sector was almost at a standstill in October, but business optimism was at the highest level in almost half a year, a key economic gauge showed on Sunday.The seasonally adjusted Emirates NBD Saudi ...

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Egypt’s non-oil business activity downturn softens

Related Articles CAIRO: Egypt’s non-oil private sector business activity shrank at a slower pace in October as business confidence hit a 26-month high and contractions in output, new orders and employment all eased, a survey showed on Sunday.The Emirates NBD ...

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Non-oil trade at Dubai’s Jebel Ali Free Zone tops $80.2 billion in 2016

DUBAI: Non-oil trade at Jebel Ali Free Zone rose 17 percent to $ 80.2 billion (SR300.75 billion) or an equivalent 27.9 million tons in 2016, from 23.9 million tons a year earlier.China kept its position as the free zone’s major ...

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Saudi Arabia’s non-oil economic outlook improves

LONDON: Business conditions in Saudi Arabia improved in July due to rising demand and increased construction activity in the Kingdom, according to the Emirates NBD Saudi Arabia Purchasing Managers’ Index (PMI).The index, which measures economic activity in the non-oil sector, ...

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UAE non-oil economy gains momentum in July

DUBAI: The UAE’s non-oil economy gained momentum in July, driven by a growth in output and new orders, according to a new study.Emirates NBD’s UAE Purchasing Managers Index (PMI) survey, which monitors activity in the private sector, said that companies ...

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