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Businesses hold back hiring as UAE job creation hits three-year low - The Arabian Stories News

Summary by The Arabian Stories News
DUBAI: Most companies are opting to maintain existing workforce levels, with subdued demand growth and global market shifts prompting a cautious approach. The latest Purchasing Managers Index (PMI) for the UAE dipped to 54, down from 55 in February. While still signaling expansion—any score above 50 indicates growth—the figure marks the lowest reading since September 2023, as businesses grapple with softer demand and operational challenges. In a…
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The Arabian Stories NewsThe Arabian Stories News

Businesses hold back hiring as UAE job creation hits three-year low - The Arabian Stories News

DUBAI: Most companies are opting to maintain existing workforce levels, with subdued demand growth and global market shifts prompting a cautious approach. The latest Purchasing Managers Index (PMI) for the UAE dipped to 54, down from 55 in February. While still signaling expansion—any score above 50 indicates growth—the figure marks the lowest reading since September 2023, as businesses grapple with softer demand and operational challenges. In a…

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The Arabian Stories News broke the news in on Friday, April 4, 2025.
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