But orders dropped for first time
since May as new COVID-19 restrictions were introduced
Apart from travel
and tourism, other systemically vital sectors seem to be managing their sales
and staffing requirements better
Dubai:
Dubai’s private businesses are seeing a partial recovery in new jobs being
created for a second straight month. It could have been even better, but the
travel and tourism sector continues to lag on recovery, according to the
February report from the global research firm IHS Markit.
“The overall fall in (February)
sales was mind and has so far not deterred firms from increasing output… and
employment,” according to David Owen, Economist at IHS Markit. "Employment
rose for the first time in 11 months in January - The latest increase in
staff numbers was only marginal though.
“However, the near-term outlook could be choppy as cases remain high and other
parts of the world continue to restrict activity and travel. Firms in the
travel and tourism sector remain wary about their sales opportunities and the
prospect of slamming the brakes on efforts to rebuild business capacity.”
Improving job prospects has
been mentioned by other industry sources as well, especially in the education
and healthcare sectors. Tech and online retailing too remain on solid ground in
terms of job numbers.
According to IHS Markit,
"Employment rose for the first time in 11 months in January -
{But} the latest increase in staff numbers was only marginal though."
But private businesses in Dubai have reported improved activity in February – and extending the gains for a third straight month. The rate of growth is “quickening to a solid pace” since January.
But one worry is that new business
orders dropped in February, for the first time since May last year. It could be
an outcome of “renewed restrictions on services” that have stymied economic
recovery from the pandemic”, according to Owen.
But "The successful roll-out of
COVID-19 vaccines in Dubai gave firms' increased optimism for growth in
business activity over the coming 12 months," said Owen.
Shaikhani Group said, this coming
year would be the simplest year for the Dubai. it'll be a boom for each
industry. Moreover, they're trying their best to extend the productivity of
theirs projects so it'll fork over by the top of this year….
Shaikhani Group explained, Dubai is
understood by doing things on right time,they come up with those ideas where
people think‟s it's
impossible , while ago Dubai was a desert, now nobody can say this was a
desert. People like to visit Dubai for holidays, because all facilities are
there including security which may be a basic necessity of life.
Dubai is one the simplest city to measure where everything is out there on the
doorstep, this is often why
Shaikhani Group invested their money, and that they do have different projects which are
successfully in process. Shaikhani group tries to seek out the simplest deals with good luxuries therefore the customer can enjoy
all the luxuries at full Shaikhani group already handover few projects in Dubai
worth of many dirhams,
they always achieve their target on time which shows the positive sign of their
progress. Soon they're going
to handover gardenia residency which is found in Jumeirah village circle, it's been expected they're going to handover this
project by the top of
2021 or even earlier
depends on the working conditions and environment
