Services sector slows down!
Posted on : 06 Feb 2013 | Category:
Dubai Immigration ,
The United Arab Emirates’ non-oil services sector has slowed down growth after a 19-month high in January, when not many new orders were received. A survey by Markit Economics shows that robust oil prices, tourism boom and signs of recovery in Dubai’s property market after the crash of 2008-10, helped the UAE economy last year, but bank lending remained sluggish.