Dubai’s Strong PMI Growth – More Jobs Opportunities in Dubai
Dubai PMI has hit a high post the pandemic by hitting 55.5 in March providing the best index reading since the start of the pandemic.
Travel and tourism grew at the fastest pace in nearly three years in large part due to the Expo 2020 event entering its final month.
Growth was also strong in Dubai’s private sector with new orders increasing, a theme likely to be maintained in the short-term. The construction sector is likely to slow due to inflationary effects and supply chains issues due to the war in Ukraine.
Job growth within both the hospitality and construction sector continue to see up-ticks with the number of foreigners taking new jobs in Dubai at a post pandemic high.