Dubai non-oil sector sees modest growth

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.

More from Business

Coming Up on Dubai Eye

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

  • Entertainment Extra

    1:00pm - 2:00pm

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.