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growth trends in middle east private sectors amid economic challenges

Lebanon's private sector showed steady growth in February, with a PMI of 50.5, supported by increased new business, particularly from abroad. Optimism surged following the election of a pro-reform president, despite ongoing security concerns due to Israel's presence in strategic areas.In the UAE, the non-oil private sector maintained growth with a PMI of 55, reflecting improved business conditions and rising new orders. However, firms expressed caution over intense competition and limited job creation, which could impact future growth.
Arab News Japan
United Arab Emirates Dirham United States Dollar Egyptian Pound Saudi Riyal Kuwaiti Dinar Blominvest Bank SAL ARE QAT EGY KWT LBN SAU David Owen Mira Said Show more
Finance & Economy, Market Report
13:42 05.03.2025

Lebanon's private sector growth supported by new business and optimism

Lebanon's private sector showed growth in February, with a PMI of 50.5, supported by increased new business, particularly from abroad. Optimism surged following the election of a pro-reform president, despite ongoing security concerns due to Israel's presence in strategic areas. Meanwhile, the UAE's non-oil sector maintained steady growth, with a PMI of 55, reflecting improved business conditions and rising new orders, although challenges like intense competition and limited job creation persist.
Arab News Japan
Euro United States Dollar Qatari Riyal Lebanese Pound Blominvest Bank SAL ARE QAT EGY KWT LBN SAU David Owen Mira Said Show more
Finance & Economy, Market Report
12:29 05.03.2025
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