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Reuters
Investigation found Saudi non-oil private sector continued to grow at a rapid pace in June and job creation peaked 19 months as Arab’s largest economy recovered from Corona virus crisis .
Saudi Arabia’s seasonally adjusted IHS Markit PMI was flat at 56.4 in June, unchanged from May, maintaining its fastest growth rate since January.
Indicator: UAE non-oil private sector growth weakens as pandemic impact continues
A survey concluded that the non-oil private sector in the United Arab Emirates grew for the seventh consecutive month in June, albeit at a slightly slower pace than May, with the continued impact of Corona virus measures on the business activity.
The seasonally adjusted IHS Markit UAE purchasing managers index, which covers the manufacturing and service sectors, fell to 52.2 in June from 52.3 in May, its lowest level in four months.
Source: Reuters
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