UAE non-oil business grows steadily in April as hiring speeds up, PMI shows

Growth in the UAE’s non-oil private sector held steady in April, while employment rose at the fastest pace in 11 months as firms sought to reduce workloads and support new business growth, a survey has shown.

The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI) stayed at 54.0 in April, unchanged from March, but firmly above the 50.0 level denoting growth.

New order growth quickened slightly from the previous