Dubai: A decline in selling prices across the UAE private sector impacted the margins of companies in February, despite input price inflation inching up marginally, according to the latest Emirates NBD UAE Purchasing Managers’ Index (PMI). The PMI reading for the UAE fell from 56.3 in January to 53.4 in February — its lowest since […]
Ankara: Turkey’s trade minister on Tuesday said US plans to end the preferential trade status granted to Turkey conflicted with the Nato allies’ push to increase commercial exchanges. “This decision contradicts our mutual objective of reaching bilateral trade volume of $75 billion [Dh275.47 billion]… The decision will also negatively affect US small and medium-sized enterprises […]
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