UAE non-oil private sector holds steady at in April 

United Arab Emirates (UAE) non-oil private sector activity remained solid in April, with the S&P Global Purchasing Managers’ Index (PMI) holding steady at 54.0. Employment in the sector rose at its fastest pace in 11 months as firms increased hiring to manage capacity pressures and support new business growth.

Output growth slowed to a seven-month low, but backlogs eased to a six-month low, despite continued challenges with payment delays. New orders surged, driven by stronger international demand and increased domestic business.

Firms boosted input purchases and saw improved supplier delivery times, although stock levels remained unchanged. Input and staff costs increased, with prices charged rising at a slower pace as firms remained competitive.

Looking ahead, business confidence remained strong, with expectations of continued growth bolstered by robust sales pipelines.

Attribution: Amwal Al Ghad English

Subediting: M. S. Salama