Economy Middle East

PMI

Rising food, education costs propel Saudi Arabia inflation to 2.3 percent in March
Economy

Rising food, education costs propel Saudi Arabia inflation to 2.3 percent in March

This increase marks the highest reading since July 2023

Egypt annual urban consumer price inflation rises to 13.6 percent in March
Economy

Egypt annual urban consumer price inflation rises to 13.6 percent in March

Country aims for $60 billion in foreign direct investment, $145 billion in exports

Saudi PMI shows resilience in non-oil private sector growth for March
Economy

Saudi PMI shows resilience in non-oil private sector growth for March

The pace of growth has moderated from January's near 14-year high 

UAE non-oil business sector growth declines in March – PMI
Economy

UAE non-oil business sector growth declines in March – PMI

UAE firms remain optimistic about future growth, supported by strong pipelines and national infrastructure development

Egypt’s construction sector thriving despite PMI mild contraction in March
Economy

Egypt’s construction sector thriving despite PMI mild contraction in March

The Purchasing Managers' Index fell to 49.2 from 50.1 in February 

Job creation in Saudi Arabia’s non-oil sector climbs to second-highest in over a decade: PMI
Economy

Job creation in Saudi Arabia’s non-oil sector climbs to second-highest in over a decade: PMI

Saudi Arabia's PMI recorded 58.4 in February, down from its strongest reading in just over a decade of 60.5 in January

Egypt’s net international reserves surge to $47.26 billion in January
Banking & Finance

Egypt’s net international reserves surge to $47.26 billion in January

The reserves were recorded at $47.109 billion in December

Egypt’s non-oil private sector records best performance in 4 years with January PMI at 50.7
Economy

Egypt’s non-oil private sector records best performance in 4 years with January PMI at 50.7

January's figure, highest since November 2020, rose due to improved market conditions and lower costs

UAE non-oil economy reports strong growth in November: PMI
Economy

UAE non-oil economy reports strong growth in November: PMI

The Dubai PMI climbed to 53.9 in November, up from 53.2 in October but slightly below the UAE's 54.2

Qatar: Non-energy private sector business activity accelerates in November
Economy

Qatar: Non-energy private sector business activity accelerates in November

Increases in jobs and wages remain among fastest on record

Qatar’s non-oil sector grows even as cost inflation rises to over 4-year high: PMI
Economy

Qatar’s non-oil sector grows even as cost inflation rises to over 4-year high: PMI

October data signaled continued investment in staff to boost capacity and retain skilled and experienced staff

Business levels in UAE’s non-oil sector surge in September on stronger export sales: PMI
Economy

Business levels in UAE’s non-oil sector surge in September on stronger export sales: PMI

Dubai's PMI signaled a robust expansion in business conditions across the non-oil private sector last month