Dubai non-oil sector sees modest growth

Monday, 14 December 2015 08:30

A view of the Burj Al Arab from the Madinat Jumeirah in Dubai.

The month of November has seen a modest rebound in business conditions across Dubai. That’s according to data from the latest Emirates NBD Dubai Economy Tracker Index. The report says the emirate’s non-oil private sector picked up from 51.9 in October to 53.9 in November. While the number indicates that the sector had expanded, it was lower than the average growth of 55.3 since 2010. Analysts also noted that travel, tourism and construction industries have improved, and this trend is expected to continue in early 2016.

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