Daily Business Wrap - Dubai’s private sector economy maintains stable growth - video Dailymotion

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Non-oil private sector economy in Dubai remained stable in February, according to the latest data from IHS Markit and Emirates NBD. Total business activity rose at the fastest rate in nine months.Daily headlines from the UAE and around the world brought to you by Gulf News. See more at: http://gulfnews.com/videos

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00:00Non-oil private sector economy in Dubai remained stable in the month of February, according

00:07to the latest data from IHS Markit and Emirates' NBD.

00:11Total business activities remained at a fastest pace during the past nine months.

00:15In other news, Saudi Arabia is planning to cut deeper production cuts in the month of

00:19April, likely during March, to support oil prices.

00:24According to officials in Saudi Arabia, production may be well below 10 million barrels per day

00:28in April, officials said.

00:30The announcement helped oil prices move upwards, with Brent oil trading about $1.66 per barrel

00:35and Western's Texas Intermediate trading about $1.56 per barrel on Monday.

00:40In other news, FlyDubai announced on Monday that Boeing's 737 MAX, it remained confident

00:48about the airworthiness of the 737 MAX following the fatal crash in Ethiopia on Sunday.

00:55More than 150 people died in the fatal accident.

Daily Business Wrap - Dubai’s private sector economy maintains stable growth

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