UAE Non-Oil Sector Records Fastest Growth Since December 2024 Despite Iran War
8 Articles
8 Articles
UAE non-oil sector records fastest growth since December 2024 despite Iran war
Significant rise in new business orders drove economic activity in August
UAE Non-Oil Private Sector Growth Hits Strongest Pace in Nearly Two Years as Demand Rebounds
New business increased at the joint-fastest pace in more than two years A sharp rebound in customer demand pushed the UAE’s non-oil private sector into its strongest expansion in nearly …
UAE Non-Oil Sector Posts Fastest Growth Since 2024
The UAE’s non-oil private sector recorded its fastest economic growth since December 2024 in August, signaling a recovery in the sector and companies’ ability to adapt to the repercussions of the war involving Iran, according to the latest Purchasing Managers’ Index (PMI) data from S&P Global.
A business survey published on Thursday showed that the growth of the non-oil private sector in the United Arab Emirates during August accelerated to its strongest rate since December 2024, supported by larger increases in production and new businesses...
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