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Austerity policies drag Saudi Arabia’s non-oil private growth to record low

By ethan / May 4, 2018

Growth in Saudi Arabia’s non-oil private sector slowed to a crawl, hitting its lowest level in at least nine years, as the kingdom’s businesses keep feeling the impact of the government’s struggle with low oil prices. In April, the headline Emirates NBD Purchasing Managers’ Index (PMI) fell to 51.4 in April from 52.8 in March […]

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