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UAE's non-oil sector records fastest growth in nine months, despite sluggish employment and cautious optimism.
The UAE's non-oil sector saw its fastest growth in nine months in December, driven by higher demand and ongoing projects, according to S&P Global's PMI report.
Despite robust business activity and a rise in new orders, employment growth remained sluggish.
Input costs also decreased, offering some relief to businesses.
However, optimism about the future was subdued, with firms remaining cautious.
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El sector no petrolero de los Emiratos Árabes Unidos registra un crecimiento más rápido en nueve meses, a pesar del lento empleo y el optimismo cauteloso.