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UAE non-oil growth momentum loses stream UAE PMI shows

Growth momentum in the UAE’s non-oil private sector continued to ease pace at the end of the first quarter, with the latest data signalling the most muted expansion seen since May last year, according to UAE Purchasing Managers’ Index (PMI), supplied by Emirates NBD, the UAE’s largest lender.

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The Middle East ranks first for the number of homes owned by super rich people

The Middle East ranks in first place in terms of number of first and second homes owned by the ultra-high-net-worth individuals (UHNWIs) – the super-rich people, according to the 12th edition of the Wealth Report 2018 by Knight Frank.

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