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FinancialNews


  • 04-01-18

    Saudi Arabia: private sector witness steep development in 2017

    (MENAFN) According to the adjusted Emirates NBD Saudi Arabia Purchasing Manager's Index, non-oil private sector of Saudi Arabia has seen major growth in business conditions in 2017.

    Even though in December the index dropped to 57.3 from 57.5, this demonstrates that in the whole, growth maintained to stay sharp and over the average of 2017.

    Saudi Arabia's non-oil private sector firms also reported constantly sharp rates of output growth as domestic demands as well as a raise in neighboring countries' orders were proven to have taken part in producing higher output requirements.

    MENAFN0401201800450000ID1096308170

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