2026.06.0304:15:00UTC+00UAE Private Sector Momentum Strengthens as S&P Global Composite PMI Climbs in May

The United Arab Emirates’ non-oil private sector showed a further improvement in business conditions in May 2026, as the S&P Global Composite PMI rose to 52.6 from 52.1 in April 2026. The latest reading, updated on 03 June 2026, signals a stronger pace of expansion across the country’s private sector economy.

With the index remaining above the 50-point threshold that separates growth from contraction, May’s uptick suggests a modest but steady improvement in overall activity compared with the previous month. The move from 52.1 to 52.6 points to firmer business momentum, hinting at resilience in the UAE’s private sector environment during the period.

The data will be closely watched by investors and policymakers as they assess the trajectory of the UAE’s economic performance heading into the second half of 2026, with particular attention on whether this strengthening trend can be sustained in the coming months.