UAE Non-Oil Growth Slows to Five-Year Low as June PMI Falls
The UAE’s private-sector expansion remained positive in June, but weaker activity, cautious client spending and competition pulled the PMI close to neutral.
The UAE’s private-sector expansion remained positive in June, but weaker activity, cautious client spending and competition pulled the PMI close to neutral.
ICAEW-linked forecasts point to a sharp rebound after a difficult 2026, but the outlook depends on shipping security, reconstruction, oil flows and confidence.
The latest market session points to a recovery in risk appetite, with UAE shares tracking global equities and selected corporate news supporting local momentum.
Tehran’s insistence on control over the Strait of Hormuz adds complexity to a diplomatic process that Gulf economies need to convert into stable trade…
The group is expected to continue unwinding voluntary cuts, but the return of supply while prices soften may test unity among major producers.
The Emirates called claims of a direct transfer false and unfounded as financial diplomacy came under closer scrutiny.
The Emirates is backing international containment efforts as confirmed cases and deaths continue to rise.
Nine malls will open morning circuits as the city promotes physical activity during extreme heat.
The UAE–US economic relationship is evolving from conventional capital investment into a strategic industrial partnership spanning AI infrastructure, chips, energy, critical minerals and manufacturing.
Trading conditions have improved across much of the Islamic debt market since March, led by sovereign and investment-grade instruments, but liquidity…