UAE and its economic growth


 

UAE is a role model as it succeeded in  passing the recovery phase for its economy which  is in 'high readiness' for the future Despite the current pandemic, UAE still remain in its  'strong position' and also  growing its economy, So All appreciation goes to UAE and its economy which has spent billions of dirhams in economic stimulus measures to support businesses sector during  the Covid-19 pandemic began last year.


Business activity in the non-oil private sectors of the Arab world’s second-biggest economy continued to improve in October, boosted by the easing of Covid-19 restrictions, a rise in tourism and increased spending amid the economic recovery.


The UAE's headline PMI reading climbed to 55.7 in October, from 53.3 in September, underpinning a marked increase in new business during the month, driven by rising spending amid the opening of Expo 2020 Dubai.

Post a Comment

0 Comments