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UAE PMI rises to 11-month high as new orders jump: S&P Global
RIYADH: UAE non-oil companies recorded their fastest increase in new orders in nearly two years in January, signaling strengthening private-sector demand, an economic tracker showed. According to the latest Purchasing Managers’ Index report released by S&P Global, the Emirates’ PMI reached an 11-month high of 54.9 in January, up from 54.2 in December. Any PMI reading above 50 indicates expansion in non-oil business activity, while a reading below 50 signals contraction.
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arabnews.com
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Kuwait non-oil growth holds above expansion line while Egypt PMI slips: S&P Global
RIYADH: Kuwait’s non-oil private sector continued to expand in January, supported by strong gains in output and new orders, while Egypt’s business conditions weakened slightly…
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Saudi non-oil growth continues with PMI showing expansion: S&P Global
RIYADH: Saudi Arabia’s non-oil business activity continued to expand at a robust pace in January, driven by output growth, improving market conditions and stronger client…
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UAE PMI rises to 11-month high as new orders jump: S&P Global
RIYADH: UAE non-oil companies recorded their fastest increase in new orders in nearly two years in January, signaling strengthening private-sector demand, an economic tracker…