S&P expects Dubai’s real GDP growth to average around 2.9 per cent annually between 2025 and 2028. This projection builds on nearly two decades of consistent expansion Dubai’s non-oil sectors now contribute close to 70 per cent of the emirate’s nominal GDP.. Photo: File photo Dubai’s economy continues to show remarkable resilience and forward momentum, supported by a diversified non-oil...
Seasonally adjusted UAE headline PMI inched up to 53.3 in August from July’s 52.9 Dubai’s non-oil economy once again delivered robust results, with the emirate’s PMI climbing to 53.6 from 53.5 in July The UAE’s non-oil private sector economy continued to show resilience in August despite signs of slowing demand, with Dubai emerging as a standout performer. While new orders rose at the...
The uptick was driven by a notable increase in business output, which grew at the fastest rate in seven months The Dubai Purchasing Managers’ Index (PMI) rose slightly to 53.6 from 53.5 in July Dubai’s non-oil private sector continued to show resilience in August, with business conditions improving at a steady pace, according to the latest data from S&P Global. The Dubai Purchasing...
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