UAE’s non-oil outlook positive despite slight PMI dip in May  

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RIYADH: The UAE’s non-oil personal sector progress outlook remained constructive in Might, even because the seasonally adjusted S&P World Buying Managers’ Index fell to 55.5 in comparison with 56.6 in April.  

The S&P World report famous that improved working situations drove enterprise confidence to its strongest ranges since October 2021.  

In response to the index, PMI readings above 50 present non-oil personal sector progress, whereas these beneath 50 sign contraction.  

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