Standard Chartered expects business growth in the UAE to increase in the third quarter of 2026
Dubai, 6 July / WAM / The Global Research Department at Standard Chartered today announced its latest economic analysis, anticipating an acceleration of business activity in the UAE during the third quarter of 2026.
The bank’s analyzes indicate that the UAE Purchasing Managers’ Index for June, issued by S&P Global, recorded a reading exceeding 50 points, confirming the continued expansion of non-oil economic activity. The analyzes also indicate that the growth of the non-oil economy is based on strong domestic consumption and investment, while external demand is expected to witness a gradual recovery with improved regional trade flows.
Rola Abu Menna, CEO of Standard Chartered in the United Arab Emirates, the Middle East and Pakistan, said that the latest Purchasing Managers’ Index in the UAE confirms the strength of the non-oil economy and its ability to maintain its momentum even in light of regional challenges. Both domestic consumption and investment continue to support economic activity, while the gradual recovery of external demand provides more positive prospects during the third quarter of the year. These indicators reflect the strength of the UAE’s economic foundations and consolidate its position as a leading regional center for trade, investment and capital flows.
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