Dubai's non-oil economy hits five-month high.

Business activity in Dubai's non-oil private sector economy hit a five-month high as output expanded on stronger increases in both jobs and inventories, with growth rates reaching multiyear records. The emirate's seasonally adjusted SandP Global purchasing managers' index reading in March jumped to 55.5, from 54.1 in February, remaining well above the neutral 50 mark separating expansion from contraction. Companies reported greater efforts to build supply-side strength in light of a further...