RIYADH: Non-oil private-sector conditions diverged across the Middle East in September, with the UAE holding at a 20-month high and Kuwait extending its expansion for a third month, while Egypt and Qatar remained in contraction. According to the latest Purchasing Managers’ Index reports by S&P Global, the UAE’s PMI was unchanged at 55.3 in September, while Kuwait’s reading stood at 52.4, down from 53.6 in August. Egypt’s PMI fell to 47.2, from a seven-month high of 49.6 in August, pointing to
UAE, Kuwait PMI holds firm as Egypt, Qatar private sectors weaken
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