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UAE’s non‑oil sector stays strong in June

The UAE’s non-oil activity expanded in June, with the PMI at 53.5, up slightly from May’s 53.3. This growth was driven by a 24% rise in Dubai’s real‑estate transactions year‑to‑date and a 38% increase in their value. Abu Dhabi also saw gains, with volumes up 7% and values surging 45%. Tourism remains robust, with hotel occupancy at 83% and visitor numbers exceeding pre‑COVID levels 

Source: arabian business

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