U.A.E. non-oil private sector growth rebounds; PMI hits 55.3
U.A.E. non-oil private sector expanded at its fastest pace since December 2024. S&P Global PMI rose to 55.3 in August from 52.7 in July, as new business and output growth accelerated.
The U.A.E.'s non-oil private sector expanded at its strongest pace since December 2024 in August, with the S&P Global Purchasing Managers' Index rising to 55.3 from 52.7 in July.
New business and output growth accelerated sharply as activity recovered from earlier conflict-related disruption.
Dubai…