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S&P: UAE Non-oil Private Sector Growth Accelerates in August

MT Newswires·09/03/2026 00:34:47
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12:34 AM EDT, 09/03/2026 (MT Newswires) -- The United Arab Emirates' non-oil private sector expansion strengthened in August amid a "substantial" growth in new business and a sharper rise in output. The S&P Global UAE PMI stood at 55.3, up from 52.7 a month ago, S&P Global said Thursday. The reading signaled the quickest improvement in operating conditions since December 2024.