UAE Non-Oil Business Activity Accelerates In February

  • Abu Dhabi, United Arab Emirates
  • 5 March 2024
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Non-oil business activity in the UAE accelerated in February after a slowdown in the previous month, supported by higher production and business confidence.

The seasonally adjusted UAE S&P Global Purchasing Managers' Index rose to 57.1 points in February from 56.6 in January. The output sub-index rose to 64.6 from 62.0 in January, the highest figure since June 2019, supported by new business, strong customer activity, and marketing activities.

Source (Al-Arabiya.net Website, Edited)

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