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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.
Punctuation marks (علامات الترقيم) are not always used correctly in Arabic. In this post, I explain some of the rules related to the use of punctuation marks. First of all, it should be noted that some punctuation marks in Arabic look different from the English counterparts, e.g. the English comma is (,) while the Arabic comma (الفاصلة) points the opposite way (،) and it is written on top of the line. The English question mark is (?) while the Arabic question mark (علامة الاستفهام) looks like this (؟). Punctuation marks (علامات الترقيم) are not always used correctly in Arabic. In this post, I explain some of the rules related to the use of punctuation marks. First of all, it should be noted that some punctuation marks in Arabic look different from the English counterparts, e.g. the English comma is (,) while the Arabic comma (الفاصلة) points the opposite way (،) and it is written on top of the line. The English question mark is (?) while the Arabic question mark (علامة الاستفهام) ...
DUBAI: The UAE will allow foreigners to start a company without an Emirati shareholder from next month. The change comes into effect from June 1, WAM reported. “The amended Commercial Companies Law aims at boosting the country’s competitive edge and is a part of UAE government efforts to facilitate doing business,” said Minister of Economy Abdulla bin Touq Al-Marri. Previously companies needed either to have an Emirati shareholder or be based in a dedicated business park known as a free zone. It was not immediately clear how the country’s many major free zones will now seek to attract new tenants, however some are already shifting focus. The Dubai Airport Free Zone Authority (DAFZA) said on Wednesday that companies trading with crypto assets could now obtain a business license in a new agreement that supports the mainstream use of blockchain technology. The free zone agreed with the Securities and Commodities Authority (SCA) to allow the regulation, offering, issuance, listing and trad...
كشف متحدثون وخبراء في مؤتمر دولي عن تقديرات بوجود حاجة لأكثر من مليون وفي السعودية خلال السنوات الخمس المقبلة بالتزامن مع تسارع التحول الرقمي في العديد من الصناعات والقطاعات خلال جائحة كورونا. وشارك المهندس ناصر بن سليمان الناصر الرئيس التنفيذي لمجموعة stc، رئيس فريق عمل التحول الرقمي بمجموعة الأعمال السعودية B20 في جلسة حوارية بعنوان" التحول الرقمي: المستقبل بعد جائحة كورونا" أقيمت مؤخراً مع ممثلين من مجموعة الأعمال B20 في الدول العشرين.
![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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