UAE non-oil PMI slips to 50.8, weakest growth in over 5 years

article author: Arab News Author: Fri, 2026-07-03 10: 22 RIYADH: The UAE’s non-oil private sector continued to expand in June, despite recording its weakest growth in more than five years, as the S&P Global Purchasing Managers’ Index fell to 50. 8. The slowdown, from 52. 6 in May. came as geopolitical disruptions, cautious client spending and intense competition weighed on business activity, although resilient domestic demand and continued public investment helped keep the non-oil economy in expansion territory. Employment also declined at its fastest pace since August 2020, according to a statement. Main category: Business & Economy Tags: UAE PMI UAE economy

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