Saturday, December 17, 2011

GCC companies report higher employment activity

The Index of the Saudi British Bank SABB HSBC PMI indicated that business activity in Saudi Arabia has hit its highest level since August. The seasonally-adjusted index, which assesses over 400 private firms, is well above 50 points, indicating a swing from contraction to expansion.

GCC
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www.albawaba.com/business/gcc-companies-report-higher-employment-activity-405114

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