Standard Chartered’s global research division released an economic analysis forecasting an acceleration in the UAE’s business activity during the third quarter of 2026. The financial institution’s assessment noted that the June S&P Global Purchasing Managers’ Index (PMI) for the UAE remained firmly in expansionary territory above the 50.0 threshold, pointing to sustained momentum across non-oil sectors. This expansion is primarily propelled by robust domestic consumption and capital investments, while the country’s external economic sector is anticipated to bounce back steadily as regional trade dynamics stabilize.
Rola Abu Manneh, Standard Chartered’s Chief Executive Officer for the UAE, Middle East, and Pakistan, stated that the latest PMI metrics underscore the fundamental durability of the UAE’s private sector and non-oil industries amid a landscape of regional volatility. She noted that steady local demand, paired with improving international demand, offers a highly favorable outlook for the upcoming quarter. Abu Manneh added that these indicators demonstrate the structural strength of the UAE economy and reinforce its standing as a primary destination for international trade, business investment, and global capital flows.
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