The UAE is a highly diverse nation with a large population of expatriates. With a population of over 9 million, 70-80% are from foreign countries and as such, will likely speak languages
Business activity in Saudi Arabia, Egypt, UAE returns to growth
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A measure of non-oil private sector activity in Saudi Arabia, Egypt and the United Arab Emirates rose last month above the threshold of 50 that separates growth from contraction [File: Tasneem Alsultan/Bloomberg]
Business activity in Saudi Arabia, Egypt, UAE returns to growth
A measure of non-oil private sector activity in Saudi Arabia, Egypt and the United Arab Emirates rose last month above the threshold of 50 that separates growth from contraction [File: Tasneem Alsultan/Bloomberg]
Bloomberg
5 Oct 2020
Business activity in the Arab world’s three largest economies returned to growth, with Egypt seeing its first expansion in 14 months.
After a deterioration in August, the non-oil private sectors improved last month despite continuing job losses as companies adjusted to the economic challenges of the global pandemic while governments eased restrictions put in place to stop the coronavirus.
A measure of non-oil private sector activity in Saudi Arabia, Egypt and the United Arab Emirates rose last month above the threshold of 50 that separates growth from contraction, according to Purchasing Managers’ Index surveys compiled by IHS Markit. Qatar’s Financial Center PMI fell sharply but stayed above the critical 50 mark.
The significance of Arabic cannot be underestimated in the modern world. It is the official language of over 20 countries and there are about 300 million speakers of Arabic across the world. Most of the Arabic speakers are concentrated in the Middle East. People around the world revere Arabic, since it is the language of the Holy Koran. Hence Muslims, all over the world consider it sacred. The Arabic language gained importance as a result of the spread of Islam in the 7th and 8th centuries. During this period the Arabic came into contact with the European languages and enriched them. Even though little changes took place in the Arabic language during the last century, it got refined with new words and technological terms during the last century. It is written in the golden pages of history that Arabs have contributed immensely to the advancement of science, medicine, and philosophy. The valuable knowledge of the Greek, Roman, and Byzantine cultures was preserved for the world throug...
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![A measure of non-oil private sector activity in Saudi Arabia, Egypt and the United Arab Emirates rose last month above the threshold of 50 that separates growth from contraction [File: Tasneem Alsultan/Bloomberg]](https://www.aljazeera.com/wp-content/uploads/2020/10/362150809.jpg?resize=770%2C513)
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