Dubai's business conditions continue to strengthen: Report


Overall business activity in Dubai's non-oil private sector economy has risen by the fastest rate in nine months.

That's according to Emirates NBD's latest Economy Tracker Index which found that companies in the wholesale and retail sector saw the biggest growth in volumes in February.

However, this has not translated into more jobs or profits.

Khatija Haque, Head of MENA Research at Emirates NBD, explains.

The seasonally-adjusted Economy Tracker Index is designed to give an overview of operating conditions in Dubai's non-oil private sector economy.

In February, it remained unchanged from January’s seven-month high of 55.8.

A reading below 50 indicates the non-oil private sector economy is generally declining and above 50 means it is expanding. A reading of 50 signals no change.

More from Business

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 11:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • Lunch with Lloyd

    11:00am - 2:00pm

    No one knows entertainment better than veteran Dubai broadcaster Mark Lloyd.


On Dubai Eye

  • Meet Gift, female food delivery driver

    Gift came here from Nigeria and failed to find a job, until a pizza company offered her one. She's now one of the very few female delivery drivers in the UAE.


    Farmer's Kitchen is back for 2021!
    With our partners Spinneys, we are going to help you wave goodbye to boring dinners, cluttered fridges, and lumpy leftovers!