FX.co ★ UAE's Economic Growth Gains Momentum: S&P Global Composite PMI Rises to 54.8 in November

In a promising turn of events for the United Arab Emirates' economy, the S&P Global Composite PMI (Purchasing Managers' Index) has shown an uptick, reflecting a robust performance in November. The PMI climbed to 54.8 from October's 53.8, as reported on December 5, 2025.

This rise in the PMI indicates an acceleration in private sector growth, as readings above 50 demonstrate expansion. The increase signals resilience in the UAE's economic activities amid global uncertainties. The sustained growth is attributed to heightened business activities, an influx of new orders, and a strengthening service sector, contributing to overall economic prosperity.

The steady improvement in the PMI underscores the UAE's ongoing economic diversification efforts, reducing its long-standing reliance on oil revenues. As the country continues to bolster sectors such as tourism, finance, and technology, the latest PMI figures are a testament to the success of these strategic initiatives in maintaining competitiveness and driving economic growth.