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Email this article: Saudi Arabia PMI: Record low new business growth registered in the non-oil private sector
Posted: Thu March 8, 2018 10:48 am
SAUDI ARABIA. Firms reduced selling prices at a unprecedented rate in an attempt to stimulate client demand. Despite muted overall growth, sentiment towards future growth prospects reached a 46-month high.
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UAE. MENA region recorded 93 deals amounting to US$15.4b in Q1 2018; UAE records highest announced Q1 deal value in the region at US$5.1b; Oil & gas deal value reached US$7.2b in Q1 2018; Almost 80% of MENA boards focused on portfolio transformation.
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