FX.co ★ UAE Private Sector Momentum Strengthens as Composite PMI Climbs to 55.3 in August

Business activity in the United Arab Emirates accelerated in August, with the S&P Global Composite PMI rising to 55.3, up from 52.7 in July 2026. The latest reading, released on 3 September 2026, signals a stronger expansion in the country’s private sector, remaining comfortably above the 50-point threshold that separates growth from contraction.

The improvement in August suggests a broad-based strengthening in economic momentum across both manufacturing and services. The three-point increase in the index indicates that output and new business likely picked up pace compared with the previous month, underscoring resilient demand conditions in the UAE economy.

With the Composite PMI now at its highest level in at least two months, the August data will be closely watched by investors and policymakers as a sign that the UAE’s non-oil private sector is gaining traction in the second half of 2026.