Middle East
United Arab EmiratesUAE Non-Oil PMI Shows Continued Expansion Despite Price Pressures
The UAE's non-oil private sector PMI remained in expansion territory in October, driven by new orders, though businesses are increasing selling prices due to higher operating costs.
Background
The UAE has been actively diversifying its economy away from oil, with significant government initiatives supporting non-oil sectors. This economic strategy aims to build a more resilient and sustainable financial future for the nation amidst global economic shifts.
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UAE Non-Oil PMI Shows Continued Expansion Despite Price Pressures
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started 4h ago•Last update 4h ago
News reports detail the UAE's non-oil PMI figures, highlighting both expansion and inflationary pressures.
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