The private sector in Dubai is witnessing a strong improvement in January

The non -oil private sector in Dubai witnessed a strong improvement during the last January, as the S&P Global Company scored 55.3 points, slightly down from its highest level in nine months in December 2024 (55.5 points) And it remained a little higher than reading the Emirates index as a whole (55 points).

According to the index, this growth came driven by increasing new business flows, as companies attributed this to the favorable market conditions, and the improvement of sales and customer rule, as costs decreased with the decrease in the frequency of production supplies prices to their lowest level in three months, and showed the latest indicator data, The growth of the non -oil economy in the Emirates remained strong at the beginning of 2025, while continuing the activity of business and new demands, highly high, driven by the favorable market conditions and the decline in cost pressure.

The index recorded an increase to 55 points in January 2025, indicating a strong improvement in the conditions of the sector.

It reported more than a quarter of the companies participating in the study of the index with the improvement of the levels of activity, which attributed it to the strong market conditions and the increase in the number of dealers.

The growth came driven by domestic demand, at a time when non -oil companies witnessed a decline in price pressures, with the decrease in the costs of production requirements to the lowest level in 12 months.

The improvement of the market conditions has accelerated the delivery periods, while production increased sharply in response to the increase in sales.

David Owen, the first economist at the S&P Global Market Intelligence, said, “The Procurement Manager Index in the UAE indicated that the non -oil private sector witnessed a strong performance in January, where the main reading was only slightly declined from the December level, which was the highest In nine months. ”

He added: “Strong expansions of activity and sales, and the low rate of production costs, reflect a healthy economic situation.”

. The growth of non -oil economics in the Emirates remained strong at the beginning of 2025.