UAE non-oil business activity expands to 12-month high in February
you are currently viewing::UAE non-oil business activity expands to 12-month high in FebruaryMarch 4, 2026--PMI points to growth in sectors such as construction, real estate, logistics and technology The seasonally adjusted S&P Global UAE Purchasing Managers' Index (PMI) rose to 55.0 in February from 54.9 in January its highest level in 12 months supported by a surge in new orders and improving supply conditions. A PMI reading above 50 indicates expansion in non-oil business activity, while below 50 signals contraction. Source: zawya.com |
February 16, 2026--Qatar Investment Authority (QIA) has partnered with US asset manager Franklin Templeton to establish a new fund to boost liquidity in the Gulf state's emerging stock market.
Franklin Templeton Qatar Equity Fund will start with $200 million in capital, with QIA serving as the fund's anchor investor, contributing cash and stock. No specific details were given.
February 9, 2025-Over the first nine months of 2025 (January to September),Abu Dhabi's GDP grew by 5% year-on-year,while the non-oil economy expanded by 6.8% year-on-year
January 28, 2026--For the First Time-The TA-Energy Index Will Include All Energy Companies
TASE (TASE:TASE) is expanding its range of investment products and announces the launch of two new equity indices-TA-Technology 35 and TA-Israel Energy.
January 27, 2026--The listing marks the first luxury-focused ETF and the fourth thematic one on ADX
Abu Dhabi has marked its first public offering of 2026 with the listing of Boreas S&P Absolute Luxury UCITS ETF, a luxury-focused fund that is backed by UAE alternative investment firm Lunate.
January 27, 2026--New World Bank report calls for more investment in better waste management and circular economy
The Middle East and North Africa region generates more waste per person than the global average and causes an estimated US$7.2 billion in environmental damage each year, according to a new World Bank report: Waste Management in the Middle East and North Africa.