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Free Zones Of UAE
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- Dubai Maritime City (DMC)
- Dubai Media City (DMC)
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- Dubai Outsource Zone (DOZ)
- Dubai Silicon Oasis (DSO)
- Dubai Studio City (DSC)
- ENPARK
- International Media Production Zone (IMPZ)
- Intl. Humanitarian City (IHC)
- Jebel Ali Free Zone (JAFZA)
- TechnoPark (TP)
- Hamriyah Free Zone (HFZ)
- Sharjah Airport International Free Zone (SAIF-Zone)
- RAK Free Trade Zone Authority (RAKFTZ)
- RAK Investment Authority (RAKIA)
- RAK Maritime City (RAKMC)
- Fujairah Free Zone (FFZ)
- Ahmed Bin Rashid FZ (ABRFZ)
- Ajman Free Zone (AFZ)
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UAE Freezones Biz News Updates
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UAE business activity growth at 4- month high in March
Employment creation across the UAE’s non-oil private sector eased marginally
to 52.8 points in March.
Business activity growth in the United Arab Emirates’ non-oil private sector
edged up slightly to a four-month high in March as output surged at the
fastest pace in the series’ history, a purchasing managers’ survey showed on
Thursday.
The HSBC UAE Purchasing Managers’ Index, which measures the performance of
the manufacturing and services sectors, rose to 57.7 points in March from
57.3 in the previous month.
The adjusted index remains above the 50-point mark which separates growth
from contraction, the survey of 400 private sector firms showed.
“The UAE economy is in its best condition in seven years,” said Simon
Williams, chief economist for the Middle East and North Africa at HSBC.
“Output is building momentum, new orders are firm and inflation is only
beginning to pick up.”
UAE firms saw output growth rise to 60.3 points in March, which was the
strongest rate since the series started in August 2009, from February’s
59.7. New orders increased to 66.2, a four-month high.
Growth in new export orders fell sharply to 57.9 points in March from 60.1
in the previous month, which was the highest level in the series’ history.
Employment creation across the UAE’s non-oil private sector eased marginally
to 52.8 points in March. Output price growth was unchanged while input price
growth rebounded to 54.9 from a six-month low of 54.1 points in February.
Consumer price inflation in the UAE, one of the world’s top oil exporters,
edged up to 1.8 per cent on an annual basis in February, the highest rate
since October 2010.
Detailed PMI data is only available under licence from Markit and customers
need to apply to Markit for a license.
April 3, 2014 |
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Courtesy Khaleej Times
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