Emirates NBD Purchasing Managers Index Archives

Saudi private sector growth hits 18-month high in June

by Sam BridgeMon 8 Jul 2019Thu 7 Oct 2021

Emirates NBD Purchasing Managers’ Index for Saudi Arabia rises to 57.4 in June, up from 57.3 in May and the highest since November 2017

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Abu Dhabi economy

UAE private sector growth climbs to near 5-year high in Q2

by Sam BridgeWed 3 Jul 2019Thu 7 Oct 2021

Emirates NBD PMI reading is the highest since the fourth quarter of 2014, driven by output, new orders

Higher new orders combined with a number of ongoing projects led to a significant rise in business activity, with the rate of expansion the fastest since January 2015.

Abu Dhabi

UAE’s non-oil business activity grew sharply in April

by Bernd Debusmann JrSun 5 May 2019Thu 7 Oct 2021

The pace of expansion of non-oil sector firms rose to a 16-month high

While less than 3% of firms surveyed reported hiring in March, employment marginally improved, having fallen in February, and higher new orders encouraging some firms to take on extra staff.

Abu Dhabi

Rise in output, demand sees UAE non-oil private sector regain momentum

by Staff WriterSun 7 Apr 2019Wed 6 Oct 2021

While less than 3% of firms reported hiring in March, employment marginally improved, according to Emirates NBD Purchasing Managers’ Index

The employment index was the lowest in nearly five years in February, at 50.2.

Emirates NBD Purchasing Managers Index

Saudi private sector employment growth falls to 5-year low

by Sam BridgeThu 7 Mar 2019Wed 6 Oct 2021

Employment in Saudi Arabia’s private sector is subdued in February despite economic growth hitting highest mark since December 2017

The Emirates NBD Saudi Arabia Purchasing Managers’ Index (PMI) showed that businesses also reported stronger optimism towards the outlook for activity in 2019.

Emirates NBD Purchasing Managers Index

Saudi private sector growth hits 13-month high

by Sam BridgeTue 5 Feb 2019Wed 6 Oct 2021

Health of Saudi Arabia’s non-oil private sector shows a strong improvement at the start of 2019, according to new business survey

Emirates NBD purchase activity was found to be robust in January, with firms responding to growths in orders and increased output.

Business activity

UAE firms see uptick in output and new orders

by Bernd Debusmann JrTue 5 Feb 2019Wed 6 Oct 2021

Fewer than 3% of firms reported increased hiring in January

Looking ahead, business confidence towards growth prospects over the next 12 months improved to the highest in five years.

Emirates NBD Purchasing Managers Index

Saudi private sector growth slows to 9-year low in 2018

by Sam BridgeFri 11 Jan 2019Wed 6 Oct 2021

Business optimism remains strong in Saudi Arabia for 2019, says Emirates NBD Purchasing Managers’ Index

The Emirates NBD Purchasing Managers’ Index for the UAE fell to 54.0 last month, its slowest pace of expansion since October 2016.

Abu Dhabi

UAE private sector growth slows to two-year low

by Sam BridgeThu 10 Jan 2019Wed 6 Oct 2021

New business survey says squeeze on margins is taking its toll on head count and pay in the UAE

The Emirates NBD Purchasing Managers’ Index (PMI) for Saudi Arabia rose to 55.2 in November from 53.8 in October, the highest reading this year.

austerity measures

Saudi private sector growth hits 2018 high in November

by Sam BridgeThu 6 Dec 2018Wed 6 Oct 2021

Saudi Arabia’s non-oil private sector grew at its fastest rate this year in November

Improved demand and expectations of further increases in new orders led to business confidence remaining high in November, only slightly lower than October’s high, the latest monthly report said.

Business Confidence Index

Business confidence in the UAE remains high, says Emirates NBD

by Bernd Debusmann JrThu 6 Dec 2018Wed 6 Oct 2021

Research from Dubai’s largest bank said selling prices in the UAE fell at fastest rate since 2009

Business confidence was found to have risen to the highest recorded since the index began in 2012, with approximately 78 percent of firms indicating that they expected higher output in a year’s time.

Business confidence in UAE

Business confidence rises in UAE, Saudi Arabia

by Bernd Debusmann JrMon 5 Nov 2018Wed 6 Oct 2021

Emirates NBD data found that business confidence has risen to a record high since it began tracking in 2012

Output across Saudi Arabia's non-oil private sector increased at a slower rate during September.

Emirates NBD

Saudi private sector growth slows to four-month low

by Sam BridgeWed 3 Oct 2018Wed 6 Oct 2021

The rate of job growth in Saudi Arabia’s private sector eased to a ten-month low in September, according to a new report

Most firms reported no change in staffing in September, while nearly 2% indicated a drop in jobs last month, during which staff wages were also largely unchanged.

Abu Dhabi

Employment remains below average in UAE’s non-oil private sector

by Staff WriterWed 3 Oct 2018Wed 6 Oct 2021

The UAE’s Purchasing Managers’ Index (PMI) continued to be steady in September

Job creation was found to be subdued, with only a slight increase in employment, matching that recorded in June.
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Emirates NBD

Saudi non-oil private sector shows improvements in July

by Staff Writer Sun 12 Aug 2018Thu 7 Oct 2021

Emirates NBD’s Purchasing Managers’ Index (PMI) suggests that foreign demand has improved, with a notable increase in orders from the rest of the GCC

Business confidence was also found to have eased slightly after a survey-high recorded in June, but remained strong overall and was the fourth highest in the six years in which the PMI has been carried out.

Emirates NBD

Growth eases in UAE non-oil private sector

by Staff Writer Sun 12 Aug 2018Thu 7 Oct 2021

The Emirates NBD Purchasing Managers’ Index found that new orders from abroad increased sharply in July