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UAE Non-Oil Business Growth Slows in November, Pressuring Supply Chains, United Arab Emirates

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UAE non-oil business growth slows in November, pressuring supply chains. Despite a surge in demand, new export business saw a softer rise, dampening overall sales growth. Confidence levels drop as firms express concerns about eroding market share.

U.S. Services Sector Shows Modest Growth in November, Employment and Business Activity Increase, US

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U.S. services sector grows modestly in November, with increased employment and business activity. Manufacturing, however, remains in contraction. The report reveals a mixed economic landscape and highlights the need for adaptability in a complex global environment.

Eurozone Business Activity Contracts, Fueling Recession Fears

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Eurozone business activity contracts, raising recession fears. Decline in services and factory output, impacting Germany and France. ECB's interest rate rises affecting consumers and services sector.

Overall Economic Activity Shows Slender Growth Since Late May

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US Economy Shows Slight Increase, Beige Book Reveals Growth in Various Sectors - FOMC Meeting Insight

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Overall Economic Activity Shows Slender Growth Since Late May

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US Economy Shows Slight Increase, Beige Book Reveals Growth in Various Sectors - FOMC Meeting Insight

Morocco Central Bank Reviews Country’s Output for Economic Growth

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Bank Al-Maghrib reports a decline in Morocco's production in Q1 2023 with most sectors recording a decrease, except for the chemical and para-chemical industry which showed a 73% increase in activities. Despite the challenges, there is hope for recovery in the coming months with industry leaders optimistic about an upswing. Efforts by public and private sectors in diversifying the economy and supporting industries will be necessary to achieve growth and sustainable development.

UAE Non-Oil Business Growth Slows in November, Pressuring Supply Chains, United Arab Emirates

Business 0
UAE non-oil business growth slows in November, pressuring supply chains. Despite a surge in demand, new export business saw a softer rise, dampening overall sales growth. Confidence levels drop as firms express concerns about eroding market share.

U.S. Services Sector Shows Modest Growth in November, Employment and Business Activity Increase, US

Business 0
U.S. services sector grows modestly in November, with increased employment and business activity. Manufacturing, however, remains in contraction. The report reveals a mixed economic landscape and highlights the need for adaptability in a complex global environment.

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Fed Minutes Hint at Potential Rate Cut in September amid Economic Uncertainty, US

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Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.

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