S&P Global Ratings has forecast significant growth for the UAE insurance sector
Global ratings
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gcc insurance sector
Gulf insurance companies to see 15% revenue growth in 2024
Standard & Poor’s expects Saudi Arabia to lead insurance growth in the Gulf this year
Business activity
India’s services PMI falls to a one-year low
Though the gauge of services sector activity fell from October, it was still above the key level of 50, which separates expansion in activity from contraction
Global ratings
India’s services PMI posts a 13-year high in September
The latest movement in services PMI is contrary to the country’s manufacturing PMI, which declined to 5 months low of 57.5 in September