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The Economic Times

Global Business / The Economic Times

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UAE non-oil growth hits four-month high in July, PMI shows

The UAE's non-oil private sector expanded at its fastest pace in four months in July, driven by stronger new orders, a rebound in export business and improved trade conditions, an S&P Global survey showed. Employment returned to growth, while business confidence weakened for a third consecutive month amid continued uncertainty over the Strait of Hormuz.

5 Aug 2026 10:58 am