UAE Non-Oil Sector Hits 7-Month High
The non-oil private sector in the UAE experienced strong growth in September, driven by increased demand, which boosted pricing power. The Standard & Poor’s Global PMI registered 55.3 points, up from August, with the report indicating that the 50-point mark separates growth from contraction. Production growth also accelerated to its highest level in seven months, supported by rising customer demand and new orders. Additionally, new export business reached its highest rate since November 2024 for the third consecutive month, reflecting the strength of the sector’s real economic growth.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)