UAE Non-Oil Private Sector Growth Slows to Near Four-Year Low

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Finance Real Estate

Reported Facts

Observable data points shared across all narratives

•The UAE's non-oil private sector PMI showed expansion in March but at a near four-year low.
•The slowdown in growth happened amid economic disruptions related to the Iran conflict.
•The PMI measures business activity levels, with a lower reading indicating slower growth.
•The non-oil sector is a key focus for UAE economic diversification and job creation.

What Could Happen If...

▸UAE government implements new economic stimulus measures non-oil private sector growth could accelerate, supporting employment and diversification goals

Market Exposure

StocksADX General IndexDownward Pressure

Slower non-oil sector growth may reduce investor confidence in UAE equities tied to private sector performance.

This is not investment advice. Market exposure is based on conditional event analysis.

Key Actors

Countries

🌍Gulf Cooperation Council

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Primary Sources (2)

METhe National (UAE)UAE’s non-oil business activity expanded in March despite Iran war hit FINANCEInvesting.com - NewsUAE non-oil private sector growth slows to near four-year low in March, PMI shows

The UAE's non-oil private sector continued to expand in March but at its slowest pace in nearly four years, according to the latest Purchasing Managers' Index (PMI). This slowdown occurred despite economic pressures linked to the ongoing conflict involving Iran, affecting business activity outside the oil industry. The reduced growth rate may impact employment and the UAE's efforts to diversify its economy away from oil dependence.