Economics

Inflation Doesn’t Stop UAE’s Biggest Business Upswing This Year

Shoppers at the Dubai Mall in Dubai, United Arab Emirates. — Shoppers at the Dubai Mall in Dubai, United Arab Emirates.
Photographer: Christopher Pike/Bloomberg

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By Abeer Abu Omar

June 3, 2022 at 5:35 AM UTC

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Business conditions in the United Arab Emirates improved in May to the strongest this year even as companies came under pressure from inflation and largely chose to absorb higher costs.