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UAE's Non-Oil Business Activity Rises In February

General view of a construction site of a new development in Dubai

A recent Purchasing Managers' Index (PMI) survey has revealed that the United Arab Emirates' non-oil business activity experienced a positive uptick in February. The survey, which tracks economic trends in the country, indicated an increase in business activity across various sectors.

According to the survey findings, the Emirates-Economy-PMI rose to a promising level, reflecting a boost in economic performance. This growth is particularly significant as it demonstrates a shift towards a more diversified economy, reducing the country's reliance on oil revenues.

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