UAE Non-oil Sector Sees Fastest Growth Since 2024
In August 2026, the UAE economy experienced rapid non-oil growth, with the Purchasing Managers' Index reaching its highest level since December 2024. There was an increase in production and new business, along with export orders hitting a 21-month high. Economic conditions improved, cost inflation declined, and confidence in the future grew, reflecting the non-oil sector's ability to adapt to the current market and deliver strong performance comparable to January 2026 levels.
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