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UAE PMI climbs to 19-month high in Q1

  Dubai / Emirates Business The UAE Purchasing Managers’ Indexâ„¢ (PMIâ„¢) — a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy — picked up to a 19-month high of 56.2 in March, from 56.0 in February. Growth of the UAE non-oil private sector gained further momentum in March, continuing the trend ...

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DEWA’s projects, initiatives commended at 5th DIGAE

  DUBAI / WAM Dubai Electricity and Water Authority (DEWA) has concluded its successful participation at the 5th Dubai International Government Achievements Exhibition (DIGAE), which was held from April 2-4, under the theme: ‘National Governments .. Global Achievements’. DEWA’s stand attracted many visitors who commended its innovative projects and initiatives, and actively took part in discussions, lectures, and workshops that ...

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RAK’s real estate sector grows 45% over five year period

  RAS AL-KHAIMAH / WAM The real estate sector in Ras al-Khaimah has expanded considerably, increasing from AED3.401 billion in 2011 to AED4.947 billion in 2015, a total percentage of growth of 45 percent, according to a study by the RAK Chamber of Commerce. The annual growth of the real estate sector amounted to 15 percent per annum over the ...

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